Indian Academic Data & Its Global Validity: Enabled by ChainTrail’s Blockchain Network
According to the report “Global Migration Indicators of 2018” published by Global Migration Data Analysis Centre (GMDAC), 4.8 million international students are studying worldwide. There are over seven hundred thousand Indian students pursuing education abroad as of July 2018 and there are an equal number, if not more, of students in the country who are hoping to do the same. More and more students are choosing to go out of their home countries for education, but they face several obstacles or have to undergo cumbersome processes during the application process, a lot of which can be cleared by implementing ChainTrail’s Blockchain network. Same applies for the education institutions overseas who receive international student data and have to find ways to verify and rely on the credentials being sent to them.
How ChainTrail’s Blockchain augments Academic Data
Before evaluating the need for Blockchain in academic data, let’s take a look at how ChainTrail technology is used in education. The core advantage of using ChainTrail’s Blockchain is reliability and authenticity of credentials through ecosystem powered document verification process. Institutions and employers can do away with the manual, case-by-case verification procedure by verifying a student’s Blockchain record which is electronically signed by the issuer. Within ChainTrail Blockchain, this is, of course, possible only when the data owner (student) chooses to share their information.
This record is completely trustworthy as no changes can be made once the data’s digital fingerprint has been distributed within ChainTrail’s trusted ecosystem of Trust creators. Essentially, data digital fingerprints distributed across multiple trusted nodes, the system becomes tamper-proof, ensuring authenticity.
Need for ChainTrail powered Ecosystem in Global Academia
While the application process for jobs or foreign university has become simplified due to digital systems, there are still inherent problems faced by students. For applying to programs abroad or jobs, there are several documents that schools/universities need to issue as well as verify. Participating in a ChainTrail’s Blockchain powered network will enable institutions to perform both these tasks very easily and institutions can rest easy knowing that the application doesn’t contain fraudulent certification.
Similarly, students require multiple documents to be verified by various parties. This makes the application process cumbersome, time-consuming and requires a lot of paperwork. These issues can easily be remedied by using ChainTrail’s network doing away with the time lag and reduce cost as the issuer and verifier can interact directly on the network.
The Pressing Need in India
There have been several cases reported in jurisdictions like India where people have committed fraud using fake degrees. In fact, the student union president of Delhi University, amongst India’s most prestigious universities, was removed from his post after being elected because he provided a fake degree in his application. It is, therefore, no surprise that there is a natural mistrust in institutions domestically and abroad when it comes to assessing the applications of Indian students. ChainTrail’s Blockchain network assures that no such incident is repeated, and both students and institutions can operate in good faith. Calicut University in India has taken the lead by announcing their plans to employ Blockchain for digital certification and verification of academic data.
The aim for educational institutions across the world should be to create a global consortium of universities and implementing a Blockchain network across the industry. It will be a big step towards creating a comprehensive and one hundred percent authentic database of student records. ChainTrail’s Blockchain network is truly the way forward for educational institutions.
