Today, it is more important than ever to focus on the field of education globally. This is because the very important branches or fields such as science, medicine, and industry all depend on the quality of the education. Although there are many advanced technologies such as IT technologies, robotics and of course, the Internet, there is yet another very important tool to improve our educational system and that is the Blockchain technology.
Blockchain can be very helpful in saving our environment.
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Though you might ask how this has anything to do with education, let us explain. The blockchain technology can lower down if not eliminate paper. All the records and data can be successfully and permanently stored on the blockchain for a lifetime.
The college where you go to or the high school you attend won’t necessarily need to send you copies of your certificates or transcripts in order to prove you have a certain degree. This will eliminate the fake diplomas by making it publicly available for everyone to see. Also, intellectual property will be easily managed. The blockchain will keep track of the first publications without the need of a supervising authority.
Blockchain can help educational institutions save money. Students that are on the blockchain network all have control over their data so schools won’t have to spend a lot of money on data management. For schools especially the financial accounting is very important. Blockchain technology can improve how educational institutions calculate scholarships, all the teachers’ salaries and will provide a mechanism for giving grants and funding projects.
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