Blockchain became popular an an aftermath of Bitcoin, but today, it is considered the most revolutionary technology and much more valuable than any other cryptocurrency.
In last few years, this technology has gained massive popularity and established a niche market for itself. Now, it is making its presence felt in every domain and emerging as a highly adaptable fintech solution. Not just in the domains related to finance, it is actually making its place in every sphere including healthcare, manufacturing, retail, defence and education as well. Among all of them, the most notable change has been seen in the education sector.
The importance of this domain cannot be downplayed and our future depends on it. More than that, there is a lot that needs to be done to streamline our education system. Edutech is a growing industry which is estimated to become worth $93.76 billion by 2020. We are already seeing things like learning sessions that are equipped with artificial intelligence. Technology has made education fun, interactive and all-encompassing.
Blockchain technology is taking this ahead and bringing more things in our education system. It adds a hue of security to all this ensuring that the study material remains secure and efficient at every stage. In past few years, we have seen many incidents of leakage of examination papers. It only happens because the responsibility of making papers secure remains only in one hand. This technology changes the whole way of dealing with material related to studies and examination.
Making inroads into Education Sector
Through this technology, it has become very easy to spread smart classrooms even in the remote areas. Everywhere in the world, parents remain careful about the information of their kids. Using blockchain technology, it all becomes very easy for anyone to deploy the most conducive plan for any business. Education is basic necessity of our life and it must be secured by technology.
That’s why, schools, universities and even the private institutes are now integrating this technology in their architecture. With this induction, they are able to conduct all the activities related to studies such as classes, exams, online tutorials in a secure manner. There are various thing even in education where keeping the security uptight is very important. It is also very significant for the infrastructure to keep growing against all the challenges.
Just like it did in the other sectors like insurance and healthcare, blockchain is streamlining things in education sector as well. It is making things better for the students’ future and it should be implemented in every school and university. Because education is important at every stage, whether it is elementary or higher. With the help of blockchain technology, it becomes very important. Its impact is being seen everywhere in the world as many projects based on blockchain are being introduced at various levels.
Degree Verification and Security Concerns at College Campus
There is a rising number of security breaches happening in the education sector as well. That’s why, effective implementation of blockchain is important, in 2017, there were many incidents of security breach in United States, UK and Australia. As a results thousands of students got effected as their results got impacted. With decentralized distributed ledger, all of this gets sorted with an easy solution.
Blockchain comes with smart contracts and its mechanism works the best for securing the study material. It makes a great change in the way campus interviews are held, with this technology, it is now uncomplicated and easy to adapt. Saving students’ identities from getting hacked is now very easy compared to any other security mechanism. Any kind of attack launched by hackers could be countered by this technology. With this technology, it is possible to make a difference in the entire process.
Adapting different security protocols become very easy with this technology, it reduces the complexity and make it feasible for every process. Also, for obtaining degrees through universities online, this technology can play a significant role. It is helpful tracking students and making their streams clear, it also gives them a clear ground and makes the overall process very productive. The exposure to blockchain technology at this earlier phase of their lives will prepare them for future. Because it is going to be an imminent future, it is better that they get familiar with this technology today.
Significant usage of blockchain technology in Education
By seeing its adaption of blockchain technology in other industries, educationalists are equally enthusiastic about it. Its potential to educe positive results is unmatched and it is now doing its best in every other domain. There are have been a few projects launched which make decentralized distributed ledger an integral part of various process in our education system.
Disciplina is the first platform introducing blockchain into the process of recruitment of teachers. It consists of different applications and one of them is TeachMePlease, it is a marketplace which brings students and teachers along.
Chatbot app is another decentralized application introduced by Opet Foundation which helps students in preparing for tests. It keeps track of the progress made by students through questions and answers which are saved using the ledger.
Blockchain is an effective mechanism for storing and keeping track of information. Thus, it has become an effective tool for library and other online services meant meant to impart information among students. This program has been started in many schools and one of them has even bagged a grant to spearhead the innovative program.
Transportation also becomes a major challenge for the many students, especially those who live in remote areas. Blockchain technology is also giving a solution to them with a Dapp that makes carpooling very easy for students. It would be particularly very beneficial in areas where, getting public transport is big issue. Using this application, children would reach school and back to their homes at a very affordable price.
For the better future of students
In the education sector, blockchain is still more nascent than the other industries. There are projects trying to bring small changes and they are slowly drawing attention of students, parents and educationalists around the world. With this technology getting deeper into the education space, results will surely be better for each one of us.
