3 REASONS WHY STUDENTS ARE SWITCHING TO BLOCKCHAIN-BASED DEGREE CERTIFICATES
Blockchain technology is quickly becoming a game-changer in the world of education. From secure storage of degree information to faster, cheaper verification, blockchain-based degrees offer a number of benefits over traditional degrees. In this blog post, we’ll explore three reasons why students are turning to blockchain-based degrees and how they can help to advance your career.
SECURITY AND IMMUTABILITY
One of the most significant benefits of blockchain-based degrees is the security and immutability they offer. Blockchain technology allows for secure, tamper-proof storage of degree information. This means that students can rest easy knowing that their degree information is safe and cannot be altered or deleted. This is especially important for international students who may need to prove their education to employers or other organizations in different countries.
With traditional degrees, it is not uncommon for degree information to be lost or altered due to human error or natural disasters. But with blockchain-based degrees, the information is stored on a decentralized, public ledger that is accessible to anyone with the proper credentials. This ensures that the information is always available and cannot be tampered with.
FASTER AND CHEAPER VERIFICATION
Another benefit of blockchain-based degrees is the faster and cheaper verification process. With traditional degrees, verifying a student’s education can take weeks or even months and can be expensive. This is due to the fact that the information is typically stored in a centralized location and needs to be accessed by different organizations.
But with blockchain-based degrees, verification can be done almost instantly and at a fraction of the cost. This is because the information is stored on a decentralized, public ledger that can be accessed by anyone. This means that employers, schools, and other organizations can verify a student’s education almost instantly, without having to wait for paperwork to be processed or pay high fees.
This is especially useful for students who are looking for jobs in competitive fields, where time is of the essence. With blockchain-based degrees, they can quickly and easily prove their education to employers, giving them a leg up on the competition.
INCREASED TRANSPARENCY
Finally, blockchain-based degrees offer increased transparency in the education system. This means that students, employers, and other organizations can see exactly what courses a student has taken and what grades they have received. This can help to prevent fraud and ensure that employers are hiring the best-qualified candidates.
For example, if an employer sees that a candidate has a degree from a prestigious university, but the transcripts show that the student only took easy classes, the employer may be less likely to hire them. With blockchain-based degrees, employers can see the exact classes a student took and their grades, allowing them to make more informed hiring decisions.
This increased transparency also helps to prevent fraud in the education system. With traditional degrees, it can be difficult to verify whether a degree is genuine or not. But with blockchain-based degrees, the information is stored on a public ledger that can be accessed by anyone, making it easy to verify whether a degree is legitimate or not.
In addition to the benefits outlined above, blockchain-based degrees also have the potential to democratize education. By allowing individuals to prove their skills and knowledge without the need for a traditional degree, blockchain-based degrees can open up new opportunities for individuals who may not have had access to higher education. This can be especially beneficial for individuals living in underprivileged communities or developing countries, where access to higher education is limited.
Another advantage of blockchain-based degrees is that they can help to reduce the cost of higher education. By eliminating the need for expensive paper-based records and streamlining the verification process, blockchain-based degrees can help to reduce the administrative costs associated with traditional degrees.
Lastly, blockchain-based degrees have the potential to be more environmentally friendly. Traditional degrees rely on paper records, which can be both costly and harmful to the environment. With blockchain-based degrees, all information is stored digitally, eliminating the need for paper records and reducing the carbon footprint of the education system.
CONCLUSION
Blockchain-based degrees are rapidly becoming a more viable and attractive option for students. They offer a secure and tamper-proof way of storing degree information, faster and cheaper verification, increased transparency, and the potential to democratize education and reduce costs. As the technology continues to evolve, it’s likely that more and more students will turn to blockchain-based degrees as a way to prove their education and advance their careers. It’s important to be aware that not all blockchain-based degree certificates are created equal and to do your research before pursuing one. Also, it’s important to check with your desired institution or employer if they accept blockchain-based degree certificates. With that being said, it’s an exciting time for education and the possibilities that blockchain technology can bring to the table.
ABOUT CERTONCE
Leaders in creating Blockchain secured Digital records that are time stamped, tamper proof, instantly and independently verifiable records using Blockchain anchored, open standards-based credentialing model.
The document once created can be shared by Issuer or receiver, verified by anyone instantly, independent of the Issuer.
