Blockchain has a crucial role in the Education System. Nowadays many countries' educational institutions are in the planning phase for implementing blockchain-based tools, and if you work with schools, colleges and any institute being aware of this will help position you as knowledgeable of this change, and perhaps you can provide solutions to help. And if you are planning the business of creating open-source software, you may be able to help provide the right platform for a school’s first attempt at utilizing blockchain technology.
In education student records are endless, and with blockchain technology, assets like attendance, faculties, courses, results, payments, grades, coursework, and even their diploma can become part of their blockchain record. One major thing in the blockchain that these records cannot be deleted and modified after it has been saved. If a record has an error, a new record must be added to correct it, and both the incorrect and correct records will remain visible. So, we can say this comes with trust, value, privacy, identity, and data security in that it is immutable. It also belongs to the particular student, rather than to the school. The blockchain helps educational institutions keep a clear digital transcript, each transaction of records and payments for each student. Those certificates serve as a permanent report, which can help students with future educational or professional applications. It is easy to identify student records, protect their privacy, measurement, and credential their accomplishments and keep these records secure. We can customize teaching to each student and create new models of learning, education fund, and reward students for the quality of their work. The blockchain may help us change the relationships among colleges, institutes, and universities and in turn, their relationship to society.
This technology has pushed us to again think and imagine many of the foundational aspects of our traditional systems of education. Educators, administrators, governments, parents, students, and technology developers are invited to work collectively to learn, influence, and equitably shape how these new technologies affect our shared future. To work with this technology, you must know any of the traditional languages like C++, Java, and Python, or others like Simplicity and Solidity – that are new and more specific to the blockchain. Abstractly we can define that blockchain is an innovative way of thinking about how we utilize data online of students, faculty, and everyone who is a part of the education system, and providing them with a sense of ownership, ease of access, and immutability about. It can handle how to store education data in the future. Blockchain technology in the educational system must be included as a shared competence in the market and of public authorities to ensure an appropriate balance of the private sector. New ways to apply blockchain technology in the higher education sector are emerging all the time. Over the past several years, more high-profile projects have received significant media attention, fuelling further interest in the technology.