Digital Diploma's for University of Exeter
Exeter University's launched a small pilot with its Financial Technology MSc class. The pilot enabled students to own their certification without reliance on external parties.
Today, the verification process of digital certificates is cumbersome, and authenticity services are not interoperable due to separate private databases.
Integrating certificate issuance software with the blockchain allows for an interoperable, trustless system that combats fraud. Students can now be the 'owner' of their certificates and prove that Exeter University issues the diploma on the blockchain.
The core strength of the solution is that there is no intermediary involved with the authentication or permanence of the certificate.
blockchain in the public sector
The public sector can leverage the blockchain to enable transparency and trust in information without reliance on external parties. Public organisations remain the sole controller of the data and the storage is maintained by the blockchain. This is a more sustainable data model than the status quo; a centralised private database of a commercial entity.
Student diploma's, for example, are too important to store in private commercial databases. These types of documents belong on a public blockchain, where the student can prove authenticity and ownership to any party.
introduction to blockchainwebinar with Filip Mariën
Interested in blockchain technology? I have prepared a presentation that walks you through the basics of blockchain.
- The nature of a public blockchain
- Blockchain scaling and costs
- Environmental impact
- Data ownership and third-party reliance