Blockchain technology is the new kid on the block and is getting a lot of attention. Many industries are finding uses for this, and for the education sector there are a plethora of opportunities. This interesting information came to us from Blockonomi in their article, “Educators Turn to Blockchain with New Programs & Record-Keeping.

With a blockchain, users can write entries into a record of information, and a community of users can control how the record of information is amended and updated. The application of this alone has many benefits. From transcripts being universally recognized and verifiable to student identity and security to a learning marketplace, the possibilities are near endless.

Blockchain as a global education hub results in more engaged students. Blockchain is being researched by numerous global mega-corporations, and has received support that can be measured in the billions of dollars by governments. If universities resist blockchain-based platforms, they risk being shut out of an emerging development culture.

Melody K. Smith

Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.