Blockchain Consulting India - Blockchain Technology into the Education Sector
These days it seems like everyone is over the Internet, playing games, shopping, and watching their favorite T.V. shows. The Internet powered by pioneering technologies like the Blockchain has made a drastic improvement to overhaul our daily lifestyle.
The Online Education System
Gone are those days, when we need to plan late-nighters in a library during exams. Now, we have the World Wide Web to answer every query and solve every complicated equation. The current scenario, online education is witnessing a big boom, right from technical certification to vocational courses, more and more people are embracing digital education.
So, to boil down, the Internet is bringing education to every household,- to those nooks and corners of the world school and colleges are not up to the mark in terms of infrastructure and facility.
What is Blockchain Technology?
Typically, it is a transparent, distributed ledger, can be accessed from a network of computers, it is usually in more significant numbers- like thousands. With no centralized governing the data being shared over this network, makes it a revolutionary technology invention defining the length and breadth of governance for a healthy investor environment.
The core of the Blockchain technology, blocks, where each block is transparent and tamper-proof. Every block has a timestamp for recording transactions. Rather than taking the user to any third-party, it is a decentralized model for transacting.
This technology's central idea is to cut the role of the middleman since the database is public, distributed, synchronised, and encrypted; there is no centralized authority. All the transactions are recorded with a time, date, and other details, verified by supercomputers in the form of complicated maths problems. If you want to know how it really works, reach out to a reliable Blockchain Consulting India.
Academies and Universities Investing in Blockchain
Many top academies and universities worldwide are investing in Blockchain technology to record the degree data safely. This, indeed, helps in trimming down administration costs for keeping data of degrees. Especially for Universities, with the kind of massive deal they have to deal with, Blockchain is a worthy investment, not only to maintain the transparency and data, year after year of any internal conspiracy. Blockchain will present a system to universities and colleges where candidates' academics can be validated easily, even if he or she was part of a one decade back batch.
Blockchain, if incorporated correctly, is bound to free-up our education system from scams and frauds.
Distance degrees, even in today's digital age, don't get equal recognition compared to a professional college degree. There are many universities issuing degrees illegally without having a proper infrastructure. But, Blockchain will shape the ecosystem of distance learning for the betterment, by bringing in transparency in terms of records, from personal data to results.
Blockchain- the Next Big Thing
Many studies and research are being done on developing a secure, distributed ledger to record students' academic qualifications- university level, state, or nation wise. If implemented, universities can ratify a student's degree on the blockchain database. What's more, it will facilitate companies to know whether the complete data provided by one of their employees is correct or not.
This will ensure that universities will have to maintain a small unit of people dealing with employers' queries related to the credibility of the degree obtained by any of their employees. Universities would quickly go through the blockchain degree database and check whether a particular individual has done his or her graduation under its banner or not.
From the above, it's quite clear that the Blockchain holds something big for modernizing and bettering the global education landscape, for further information contact a Blockchain Consulting India to assist you with your new Blockchain venture.