How Blockchain can revamp education sector ? | Blockchain in Education

How Blockchain can revamp education sector ? | Blockchain in Education

Education is one of the main key aspect for the growth of fields like medicine , agriculture , science , and almost all kinds of industries . Its a complex task to run and manage an educational institute. There are lots of issues faced for educations from pre-kindergarten to PhD students.

We all know about the Blockchain Technology which helps in renovating many kinds of industries . We have alredy discussed about the impacts of blockchain in  Healthcare Industry , Insurance Sector , Bnaking and Supply Chain Management .

Here let us look at , How this blockchain technology transforms the education sector ? . Without making a delay , let us jump into the discussion about Blockchain in Education .

Challenges in Education Sector 

1 . As the world is getting transformed , education becomes an unavoidable one among the people . Thus there are billions and billions students undertaking education in various institute in a year . It is a greatest task of maintaining records of those students details in paper documents .

2 .  When those records are on paper formats , it becomes a complex task to get back the details of student who studied 4-5  years back. It takes a lot more time to recollect the old data and records .

3 . Maintaining the certificates of students in a secured manner becomes difficult and requires man power .

4 . The trobule filled part of education sector is  accounting ,  which requires time and people to calculate and maintain the finance of an institute . This involves calculation of  employee / staff salary , students fees , maintenance and operational costs of that institute .

5 . Monitoring the scholarships for the students is also became difficult as there are more number of students and also scholarships provided .

These challenges moves the educational sector into a difficult zone of performance . This paved the way for the use of technologies in education and the most important technologies that helps education to face all those challenges is " Blockchain Technology ".

Blockchain in Education 

The use of blockchain in education sector can bring a big revolution within 2020 . As the world is getting smarter and digitalized , it is a time to make the education system also smarter and digital . This inturn increased the insititutes and universities that provides online courses , digital certificates , etc .

The use of blockchain in education , also created a way for the acceptance of cryptocurrencies as payments/fees for courses in many institutes . This may result in a easier and a transparent way for both students as well as the institutes .

There are lots and lots of use cases of blockchain in education and it all together helps in bringing a healthy educational system .

Benefits of Using Blockchain in Education 

1 . Replaces the Paper Documents 

The use of blockchain for storing the records of students , staffs and employee of institute can reduce the use of paper document maintenance . It also helps in avoiding the risk of falsifying or chance of losing records .

2 . A saving Method 

As blockchain provides digital storage , the cost for the paper , document printing is eliminated . Also the time and people effort for maintaining those documents is also saved . Thus use of blockchain in education prevails to be a saving mechanism . 

3 . Data Transparency 

As we already know that blockchain is a decentralized and distributed ledger technology which spreads out ownership to concern individuals . Thus , blockchain in education system can provide transparent records storage of students .

4 . Financing and Accounting made Easy 

The use of blockchain in education system can make calculation of scholarships for students and salaries for teachers easier and transparent . The acceptance of bitcoins for payments process in education systems makes it more efficient .

5 . Digital cerificates a better way 

Most of the institutes adopts blockchain and provides online courses and digital certificates and this makes easier to connect students and institute from different corners of the globe .

There are more benefits of using blockchain in education and it proves to be a cost -effective method .

Educational Institute that uses Blockchain 

1 .  University of Nicosia, the largest private higher education institution in Cyprus has implemented a fully-functioning blockchain library for the storage of information about student's grades,qualifications and certificates, etc.,.

2 . The Massachusetts Institute of Technology (MIT) ,the world leader in training specialists in variety of technical areas , implemented  blockchain over one hundred digital diplomas for its graduates.

Major Use - Case of Blockchain in Education 

1 . Used for the verification of records , credentials and cerificates of students .
2 . Be as a best support for the expanding massive open  online courses ( MOOCs). 
3 . Used as a best approach for the increasing open universities count .

Future Scope 

Blockchain in education sector is now providing a better way to escape out of challenges . In future , the use of blockchain in education can bring a big revolutionary changes that transforms the eduction sectors to a higher level .

Let Us Hope for Best change overs by blockchain in education sector by 2020 !!!
 

Reference :
1.Blockchain Could Revolutionize Education Next. Here’s How
2.Blockchain in Education
3. 20 Ways Blockchain Will Transform (Okay, May Improve) Education

 

 

Blockchain Blockchain In Industries blockchain application development

About Zaara Hary

Hey All !! I am Zaara Hary. I am a Business Consutlant at Bitdeal and having 5+ years of experience in blockchain and cryptocurrency field. I am interested towards the upcoming online crypto and blockchain trends. Stay Connected with Us to move forward with innovations in crypto globe!! Follow me on twitter @ HaryZaara Mail me @ [email protected]

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