Major Indian Business School Issues Blockchain Certs to Combat Fake Degrees

[PRIBO247]

India ’s top ten business school, SP Jain School of Global
Management, has issued 1,189 blockchain-based certificates to
graduands who recently obtained degrees and professional
certifications.

The certificates which are now live on the Ethereum blockchain
will allow prospective employers and other parties to verify the
authenticity of a job seeker’s educational qualifications without
having to contact the business school. The validation process is
intuitive and technical know-how will not be necessary, according
to Business World.
Neither will additional software or specialized equipment be
required as all that a prospective employer or other parties will be
needed to do is scan the QR code which is printed on the
certificate.

Detailed Information
Besides the educational qualifications, the other information
pertaining to a graduate that will be stored on the blockchain will
include students’ portfolio, projects , nd even attendance. All this
information will be available without compromising the privacy of
the graduates.
“There have been various attempts globally to issue certificates on
the blockchain. But so far no one has captured the complete
lifecycle of the certification,” said the President of SP Jain School
of Global Management, Nitish Jain. “Students’ attendance and
other private data are securely stored in the school’s private
blockchain and only the certification related data is exposed to the
public Ethereum blockchain.”

In issuing the 1,189 blockchain-based educational certificates, the
SP Jain School of Global Management joins a growing list of
countries and institutions that are turning to distributed ledger
technology to stem fraud related to educational credentials such
as degrees and diplomas.

Malaysia and the Caribbean
Last month, Malaysia ’s Ministry of Education unveiled a
blockchain-based issuance and verification system for university
degrees. Unlike in the case of the SP Jain School of Global
Management, however, Malaysia turned to the NEM blockchain. As
CCN reported at the time, this was an attempt at curbing fake
degrees which place genuine students at a disadvantage as well
putting the wider society in peril:
“The fake educational certificates not only disadvantage genuine
students but also pose numerous dangers to society when critical
sectors such as healthcare are staffed with people of questionable
expertise.”

Source : https://www.ccn.com