In the era where everything can be deceived, right from personal identity docs to the degree obtained by a student, an Indian Business School has begun providing degree on blockchain based certificate system. The SP Jain School of Global Management has issued 1,189 blockchain-based certificates to graduands who recently obtained degrees and professional certifications.
This certainly is a great effort to curb the fake certificate being used for potential careers where fake degree holders might prove fatal viz., health care system, mission control system.
Technically speaking, the institution authority has made degree certificates available on Ethereum Blockchain. Thus helping prospective employers and other parties to verify the authenticity of a job seeker’s educational qualifications without having to contact the business school.
According to Nitish, the President of School,
Digital certificates are the future. There have been various attempts globally to issue certificates on the blockchain. But so far no one has captured the complete lifecycle of the certification
Furthermore, he added that,
Students’ attendance and other private data are securely stored in the school’s private blockchain and only the certification related data is exposed to the public Ethereum blockchain. The future is now. It’s either change or perish
With this, the B-school has made entry into the top global institutes offering distributed ledger technology to stem fraud related to educational credentials such as degrees and diplomas.
Other Business School Offering Blockchain based Certificates
Recently, Malaysia’s Ministry of Education started blockchain-based issuance and verification system for university degrees, but with the help of NEM blockchain.
Apart from the aforementioned places, North America, the Caribbean Examinations Council (CXC) last month issued blockchain-based academic certificates to 24,000 candidates who had sat their exams mid this year. The blockchain-based e-certificates were stored and shared on the free and open-source Blockcerts Wallet in a move aimed at speeding up a ‘verification process that usually takes weeks or months’.
Will blockchain turn out to be a game changer in the educational sector as well? Share your thoughts in the comment section below.