Usage of Blockchain in Education:
Blockchain technology makes it easier for students to manage their data and decide what content they want to share and with whom. In addition, if a student has to manage an economic transaction, such as in the case of wanting to enroll in another school, he / she will need to pay the corresponding fees, and thanks to the Blockchain the process can be carried out safely.
On the other hand, another of the applications that use Blockchain technology, allow for a new system for issuing and certifying official documents and qualifications. Thanks to this, you can ensure the accuracy of the assessments and qualifications a student gets. In this case, the technology applied by the system certifies the registration in a safe way and certifies the authenticity of the entire history of each student. Therefore, it is a tool that all teachers should know and, in addition, explain to their students as they will have to deliver all written work and exams through that platform. It will be important for them since they will also have to manage their academic record from that tool.
Benefits of Blockchain technology in education
Currently, the use of this new technology consisting of block chains is rare and is still used in very specific cases. I tell you the benefits that Blockchain technology can offer you in education :
1.Universal Online certification:
The immutability and guarantee of veracity granted by the blockchain could lead to the creation of a new system for issuing and certifying both official documents and academic degrees.
2.Environmental Respect
Thanks to the Blockchain technology applied to education, it is possible to reduce a great use of paper, since everything is digitalized it contributes to the reduction of deforestation. We avoid printing large numbers of documents that are now scanned safely each student can access to consult whenever you want.
3.Academic Records
Thanks to the immutability of the application, the possibility of safeguarding all reports and student work within the platform is increased. Blockchain offers a secure model for collecting grades, letters of recommendation, certificates, among others. This technology will be essential to avoid fraud.
4.Goodbye Plagiarism
Blockchain technology can be applied in education makes it inaccessible to modify any document without approval. It is possible that in a short time the plagiarism will remain outside our lives forever and be part of the past and not of the present or future.
5.Avoid identity Theft
All students will be their own managers. They themselves must control their data and they are the ones who decide what content to publish and who to share. Blockchain technology has the capacity to manage, share and protect digital content.
6.Goodbye to physical Money
With Blockchain technology, payments can be made through 'tokens', thus eliminating the need to make currency exchanges between countries and in the case of exchange of students or students who are interested in a course in another country they could pay with' tokens'.
What’s so remarkable?The Hyperledger umbrella project has revolutionary potential forenterprises looking to build innovative solutions.It’s open-source, so anyone can use it.It promises the perfect mix of Transparency and Security.Let’s see how.Security-The distributed ledger system eliminates information infringement,perfect for businesses.-You can limit the data you want transparent to “permissioned”parties.-Upgraded consensus to control transactions.-Immune to double-spend or “51%” attacks associated with miners.-Immutable storage ensures that data is never lost.-All data us cryptographically secured.-Node and Transaction Processor Security-Smart contracts called “chaincode” for automating tasks and certificate handling.Transparency-All data is visible to all permissioned participants.-Detailed data analysis and audit with date and time stamps.-New data is added to new blocks while a cryptographic hash ensures a clear record of old data.-Immutable storage ensures extra level of transparency.-Transactions can be made visible to select participants.-Chaincode is set up to assess read-write operations on peers.Thanks Reading!The Hyperledger umbrella project opens revolutionary opportunitiesto enterprises all over the globe, looking to create the most innovativeblockchain-based solutions the world has ever seen.
It brings to thetable a perfect mix of unprecedented Transparency and Security thatit’s predecessor’s have not been able to do.
Itscompletely open-source, meaning that anyone can use it.
So, let’s lookat what makes the Hyperledger Blockchain so remarkable and trust worthy.This is BlockchainX, and here is everything you need to know.
AI and blockchain are two next-gen technologies that are steadily transforming processes in multiple industries including healthcare, hospitality, education, finance, and banking.
Developers are making significant progress in combining these technologies to accelerate business processes.One such successful amalgamation of AI and Blockchain is Migranet, an AI migration system.
Migranet uses cryptocurrency, smart contracts, and biometrics to streamline the immigration process.
The system uses Migranet utility tokens (MIG) to make the immigration process fast, affordable and highly secure.Migranet successfully completed the first testing of its prototype on 5 February 2019.
The model was tested with over 1300 use cases out of which 90% results were accurate.Being one of the leading Blockchain development company, we put together the expert team to a board that helps to build Blockchains.
Our multi-disciplined domain experts team which provides an accurate and holistic client experience by blockchain development lifecycle.
Need a consultation for crypto investment and projects?
Contact the blockchain development company who are diving for years in the crypto space!
