5 Years Ago

We wrote a few weeks ago about how the Singapore Government was developing a Blockchain-powered platform, allowing various Singaporean academic institutions to be able to enter their students' qualifications on to a Blockchain.

This is important because many CVs include information that is incorrect – in one survey of 5,000 CVs, it was found that 80% of CVs had at least one incorrect piece of information! By having qualifications and experience recorded on a Blockchain, it creates a transparent immutable record for relevant people to see.

It is understood that The United Arab Emirates (UAE) is now also going to be using Blockchain technology to hold and manage academic records, meaning that over 75,000 students’ qualifications will now be available online.

These are good examples of how Blockchains can help build trust and help to reduce fraud although, the users will not be aware of what technology is being used to make this happen  - nor will they care.

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Academic
Blockchain
Higher Education