Impacts of Blockchain in the Education Sector
Blockchain technology in the education industry has brought new waves of innovation just like the other new technologies rising expeditiously. It has given rise to some extraordinary solutions that underlines its ever-increasing reach beyond the pale of cryptocurrency and financial services. If we look at the traditional educational model, it's rife with problems starting from validation of academic records, mark sheets to accessing credentials. All this hampers the growth and expansion of the education industry. Therefore, it's high time to integrate blockchain in education domains and bring a rich pool of advantages including- traceability, transparency, a decentralized education system, and the immutability of stored data. The benefits that blockchain technology has to offer to the education sector can render multifold opportunities. Despite that many public and private educational institutions are still reluctant to embrace blockchain powered technolo...
