Digital Diplomas with Blockchain Technology

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Thanks to blockchain technology, students at Massachusetts Institute of Technology (MIT) will soon be able to share the credentials of their transcript with future employers, campuses, and/or anyone else they want with 100% legitimacy. In addition to earning a traditional, paper diploma, MIT students will also be granted a private and encrypted digital key linked to their transcript. This digital key effectively reduces the time and hassle of having to go through a third-party security source.

In a recent news article published on Inside Higher Ed, author Lindsay McKenzie explains some of the major benefits of digital diplomas within the MIT higher education community:

Aside from convenience for students, [blockchain technology] also tackles another issue facing universities — fake degrees. “There are a lot of people who pretend to graduate from MIT with fake diplomas,” said [CEO of Learning Machines]. “This provides a format that people can’t fake” (McKenzie).

Blockchain technology acts as a tamper proof public ledger that can record transactions with a near 100% guarantee of authenticity. The efficiency and legitimacy of this option makes digital diplomas such a promising project; for example, when reviewing a job, an HR representative can easily verify a candidate’s academic credentials and the courses they took just by visiting a URL link to the candidate’s unique wallet. As such, this method would be much faster than having to involve a third party registrar to verify and notarize a degree.While the uses of digital diplomas won’t, and should not, serve to replace paper diplomas altogether. It does, however, illustrate the unique and secure ways of adding digital convenience in the scope of higher education.

For more information, read the full article on Inside Higher Ed.