Thursday 18 January 2018

4 Ways Blockchain Can Transform Education

Article from Paul Ratner on BigThink.com asking if blockchain can transform education like it has the financial sector.

The piece is based on the research paper from European Commission's Joint Research Centre (JRC) that looked at case studies from across European Universities which allowed them to identify how blockchain might impact education.


The four areas picked out by Paul of where blockchain is seen as having an impact are:
1) Blockchain can help eliminate paper.
2) No need for a central authority to validate certificates.
3) Educational institutions will save money.
4) Blockchain-based cryptocurrencies will simplify payment systems in institutions.

There's perhaps only one of those that will spark a revolution, but I suppose it's a start.

Pauls article is available here, whilst the 136 page paper from JRC is here.