Applications of Blockchain Technology in Education

The education sector is one of the fastest growing industries today and this sector can tremendously benefit from the inclusion of blockchain technology. Among other things, blockchain can help make quality education affordable and accessible to everyone everywhere in the world.

As the world governments are working hard to educate their citizens to uplift the quality of life and give everyone a fair chance to grow, blockchain can help by making quality education digitally accessible to people in all corners of the world.

Online learning has now become a norm for many educational institutions around the globe, especially after the covid-19 pandemic. While many of these institutions had initially adapted to e-learning as a way to reduce the risk of infection during the pandemic, they have now become accustomed to the many other benefits of online education, which include low cost, increased accessibility, and saving of time. The inclusion of blockchain technology will further help make online education more accessible and convenient for students. Let’s discuss this in detail.

Blockchain in education

Blockchain is a distributed ledger technology that makes digital data available on a distributed public network such that it can be accessed by everyone. There is no central authority on a blockchain and users are the owners. Blockchain will enable an open distribution of educational resources online such that everyone can access high-quality education and learning resources anywhere in the world at a reduced cost because there are no middlemen involved. Moreover, because blockchain is an encrypted immutable database, all data of students, including credentials, certificates and skills data are securely stored and can be easily verified for authenticity.

Take the example of the Green Uni Network. It is a blockchain-based online learning platform that grants low-cost access to high-quality European degrees and courses with a legitimate diploma.

We all know the importance of a European diploma for a successful career. Many organizations give direct recruitment to people having a diploma or certification from a reputable European college/university. However, getting a European diploma is anything but easy. First of all, getting admission into a European college is the most difficult part. And, even if you manage to get admission to one by any means, the education cost is way too high for the middle-class to afford. The Green Uni Network has solved this problem with the use of blockchain technology.

The Green Uni team is developing a blockchain-based digital learning network that will consist of multiple e-learning platforms and resources and provide access to online learning and courses from top European universities, colleges & schools to people all over the world. Basically, it will connect students from all corners of the world with top universities for online learning. To start with, the Smart Student platform of the Green Uni Network will enable students to choose from a range of courses in information technology, computer and other fields from top universities. Students will have the option to study at their own pace and digitally from anywhere in the world. They have also launched a utility token called Greeny Token that can be used for all kinds of payments across all platforms within the Green Uni Network.

This is just one example of how blockchain is being used to change the way we learn. Online learning when combined with blockchain technology can do wonders in the coming time.