Blockchain Certs to Combat Fake Degrees – SP Jain School of Global Management, one of the top ten B-schools of India, has issued 1,189 blockchain-based certificates to graduates who recently obtained degrees and professional certifications.
The certificates, which are now live on the Ethereum blockchain. Similarly will allow prospective employers. And other parties to verify the authenticity of a job seeker’s educational qualifications without having to contact the business school. The validation process is intuitive, and technical know-how will not be necessary, Business World reported. The prospective person has to just scan the QR code which is printed on the certificate.
Similarly there will be other information stored on the blockchain apart from educational qualifications pertaining to the graduate. The other information includes students’ portfolio, projects, and even attendance. All this information will be stored securely in the school’s private blockchain. And will be available without compromising the privacy of the graduates.
The President of SP Jain School of Global Management, Nitish Jain said, “There have been various attempts globally to issue certificates on the blockchain. But so far no one has captured the complete lifecycle of the certification.”
Blockchain Certs to Combat Fake Degrees – With this initiative, the SP Jain School of Global Management joins a growing list of countries and institutions that are turning to blockchain technology to combat the menace of fake certificates of degrees and diplomas.
Last month, Malaysia’s Ministry of Education unveiled a blockchain-based issuance and verification system for university degrees. Unlike in the case of the SP Jain School of Global Management, however, Malaysia turned to the NEM blockchain as an attempt to curb fake degrees which place genuine students at a disadvantage as well putting the wider society in peril.
And in North America, the Caribbean Examinations Council (CXC) last month issued blockchain-based academic certificates to 24,000 candidates. Who had sat for their exams mid this year. The blockchain-based e-certificates were stored. And shared on the free and open-source Blockcerts Wallet. Similarly is aimed at speeding up a ‘verification process that usually takes weeks or months’.