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Road to Educational Advancement Through Blockchain
Edtech is growing at a rapid pace and the next milestone in the journey could be the blockchain technology. The K-12 culture will witness major upheavals with the advent of the distributed ledger as it seems to be a panacea for the current drawbacks. From validating the veracity of digital certifications to authenticating the existing certification process, possibilities and advantages of the blockchain seem to be promising.
Refrain Fake Certification
Fake degrees are a nag for companies and educational institutions. Validation of certification requires plenty of time and cost to hire individuals for the same. Current centralized storage contains the complete record which is only accessible by institutions. On the other hand, blockchain is a decentralized ledger that will give access of the data to other entities as well. Only authorized users with the decryption key will able to access the information. Transactions made in the chain network are immutable, eliminating the scenario of data tampering. Since only authorized entities can store data in the network and each transaction is recorded within the network, a track of certification will be available, ensuring its complete authenticity. Blockchain will make digital certifications more trustable.
Record Keeping and Data Storage
Educational record keeping is a challenge as the available data is humungous and replication adds to the chaos. Distributed ledger will permit institutions to store data automatically in a much-organized manner with no redundancy. Ledger’s automatically recording transaction capability will save time and speed up the process as well. Adding to the pros, all entries made in the network are firstly verified by the network which disables record mixing and wrong entries. Real-time data sharing makes data accessibility faster and improves the functionality of the process.
Student identification certainly will enhance by migrating it to the blockchain. Once the student data is recorded it can be utilized throughout the educational lifecycle. Interoperability will also come to existence, as the same data set can be used among various institutions. Ledger will automatically record all the information keeping a complete track of the educational journey.
Establishment of Educational Community
A ledger that can store data from multiple devices securely and allowing peer-to-peer transaction will have a key role in the establishment of the educational community. A community permitting teachers and learners to connect and share knowledge without the intervention of third-party could be really beneficial for the society. Educational frauds will come to stop because of the verified users and transaction tracking ensuring a safe, secure, and trustable social platform.