Whose Credentials Are They?
Education is slow to adapt to change especially in the areas of new technologies. There is no doubt that blockchain can help education move forward by application in digital credentialing. This is a first step and a good place to start using blockchain. Blockchain could be used to store digital credentials like certificates, badges and qualifications. The potential is there to track actual learning accomplishments at the learning level for the individual. Blockchain can make them accessible without the intervention and fees associated with centralized ledger systems.
Blockchain would support decreasing the role of the intermediary and decentralizing control to the learners. The process of certification and managing false records can be handled using blockchain with end-to-end encryption. The authentication processes can be developed to assure privacy and maintain integrity and transparency.
Traditional learning environments are not the only ones that will benefit highly from blockchain. Open and distance learning will need to adapt this fairly quickly because the benefits to business will be significant. Blockchain offers the ability to combine educational resources and provide a competitive advantage. It can aid in effective decision making and bridge the gaps between priorities, models and effective practice. Blockchain has the ability to help predict future trends and reach market demands.
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