Blockchain may change the future of college students
Melbourne University in collaboration with Learning Machines, a US-based company will pilot a Blockchain-based Micro-Credentialing system.
This system will enable employers to verify the credentials of the future prospective employees (students of the universities). The employers can verify the degree, grades achieved, training modules accomplished during graduation, and lots of other information which may help employers to make sound hiring decision
.Learning Machine is associated with Massachusetts Institute of Technology (MIT) Media Lab.
How will it work?
While doing regular researches on Blockchain subject, author at KryptoMoney.com learned how Blockchain can be useful in verifying college degrees of students in future. Well, in the case of Melbourne university, how Blockchain is going to be implemented is not known but according to KryptoMoney.com researches, any college or university or any central authority will develop it’s Blockchain ledger and upload all the information about students on this platform. The ledger will be made accessible to the employers and these employers can check and verify the information of any student of that college/university. This will surely help in quality hiring.
For example, let say Delhi Universty, a prestigious university of India, develops it’s Blockchain-based platform in which it will upload all the mark sheets, grades achieved,degrees and other important information of each student of it’s each college. This platform will be made accessible to all recruiting companies and these companies can verify the authenticity.
Also the documents uploaded will be tamper-proof which means cannot be changed/altered or deleted.
About Melbourne University’s Blockchain project
Professor Gregor Kennedy, Pro Vice-Chancellor of the Melbourne University said at it’s annual meeting of data portability consortium that the system will be tried out in an internal professional development programme run in July by the Melbourne Centere for the Study of Higher Education
Professor Kennedy also mentioned that the decision to pilot Learning Machine’s Blockchain Technology -based platform for micro-credentialing is based on supporting new types of learning recognition that are increasingly being demanded by students and employers in a globalized, digital world. He also said that employers are looking for ways to verify the know-how and skills of employees at a very granular level. students are increasingly interested in showing the specific skills and abilities they have acquired and developed. Micro-credentials, verified through secure, distributed platforms like Learning Machine’s are a means to address this. Micro-credentials do not represent a threat to traditional university degrees, but rather complement them.
“Micro-credentials complement these forms of recognition by allowing universities to acknowledge a range of specific skills individual students may have developed. If anything, we see this trial as experimenting with new ways to recognize learning.”