How Blockchain Technology Can Change Education Industry?

[staceyroberts]

Blockchain - a leading ledger technology that becomes unavoidable for corporate industries and government sectors. Hence Education industry is not gonna be an exception. Blockchain will explore a new color of its own , when it is implemented for a new industry. So every one wonders how blockchain is gonna swing the entire education industry, and what will be the benefits .

There are plenty of challenges in education industry, and the important are as follows

1. As the world is getting transformed, education becomes an unavoidable one among the people. Thus there are billions and billions of students undertaking education in the various institutions in a year. It is the 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 a 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 manpower.

4. The trouble-filled part of the 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 is a number of students and also scholarships provided.


These challenges move 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 help educators to face all those challenges is " Blockchain Technology ".

Let's have a look at the below article to understand how blockchain gonna work in Education industry.

Referred article : Blockcahin in education

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