Categories: CryptoNews

Schools and universities are slowly implementing blockchain technology

Thanks to the rising popularity of blockchain-based services, a couple of schools have decided to resort to bitcoin when it comes down to recording and verifying the credentials of their students.

At this moment in time, most schools have to deal with recording hundreds of student’s credentials and achievements, which is a process that is often costly, but also time-consuming. Thanks to the blockchain technology, schools such as the Holberton School of Software Engineering have announced plans to begin sharing academic certificates alongside with student credentials and more information via the blockchain, starting in 2017.

In a recent press statement, Sylvain Kalache, the co-founder over at the Holberton School stated that: “For employers, it avoids having them to spend valuable time checking candidates’ educational credentials by having to call universities or to pay a third party to do the job,”

Currently, the University of Nicosia over in Cyprus is also using the technology to record data about their students, and so far, the system has proven to be trustworthy. According to a representative from the school, students are excited by the possibility of verifying whether their certificate is genuine, and that there’s no possibility of recreating it.

Related Post

The real question here is whether the technology will catch on. Right now, reports indicate that several universities are carrying out research into determining whether implementing such a system is worth it. There are also plans for a blockchain service that aims to allow students to transmit data securely, or to easily control the privacy of their information.

Based on everything that has been outlined so far, what do you personally think about schools and universities using blockchain technology to better manage their students’ data? Let us know your thoughts in the comment section below.

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

Daniel Dob

Daniel is a bitcoin investor and journalist for numerous news outlets in the financial sector. When he's not writing, trading, or interviewing people, you can find him swimming, reading or taking one of his hobbies to the next level.

Share
Published by
Daniel Dob

Recent Posts

TRON Leads All Blockchains in November Fees as Perpetuals Trading Surges 271%

TRON ended November as the top blockchain by fees, extending its dominance in payment infrastructure…

1 day ago

Prediction Markets Hit New All-Time Highs as November Volume Surges to $14.3B

Prediction markets just locked in another breakout month. November closed with $14.3 billion in total…

1 day ago

Trust Wallet Launches Native Predictions: A New Era for On-Chain Betting

Trust Wallet is stepping into a completely new lane. The CZ-owned self-custody wallet has launched…

2 days ago

Kraken Acquires Backed to Supercharge Tokenized Equities as xStocks Enters Its Next Phase

Kraken has announced the acquisition of Backed, the tokenization platform behind some of the fastest-growing…

2 days ago

Sui Pauses & AVAX Rebounds While Zero Knowledge Proof’s 200M Daily Presale Auction Goes Live, Sparking Massive Buyer Rush

Sui Pauses & AVAX Rebounds While Zero Knowledge Proof’s 200M Daily Presale Auction Goes Live,…

3 days ago

Europe Takes Down Cryptomixer: A $1.4B Bitcoin Laundering Machine Falls After Eight Years

Europe just shut down one of crypto’s longest-running shadows. Germany and Switzerland, backed by Europol,…

3 days ago