Educational platforms may soon be using Blockchain Technology to secure and share student records. Japanese electronics firm Sony and technology giant IBM have join hands to create a new educational platform backed by blockchain technology for maintaining student database.
The platform is stated to be powered by IBM Blockchain, a new product by IBM, which was officially launched in March at the company’s Interconnect conference in Las Vegas. The product is based on Hyperledger open-source Fabric codebase, a project supported by the Linux Foundation.
In a joint announcement made by partners in early August 2017, it is clarified that this platform will facilitate sharing of information on student progress and achievements.
Also Read: IBM launches Blockchain Accelerator Programme
Sony’s new product will penetrate the market sometime in 2018, through its subsidiary – Sony Global Education. This new Blockchain based product will make a worthwhile contribution to data storage and sharing in both primary and higher educational institutions.
Sony foresees the opportunities with Blockchain Technology and plans to continue developing such educational resources that will employ Blockchain based platforms to foster data security.
Sony Global Education President, Masaaki Isozu, said in his statement that the technology will empower several industries and the education industry is not an exception.
Masaaki Isozu also said:
“Blockchain technology has the potential to impact systems in a wide variety of industries, and the educational sphere is no exception when educational data is securely stored on the Blockchain and shared among permissioned users.”
In a statement, Sony also implied that it could developed similar kind of Blockchain Technology based applications to reinforce supply chain and logistics:
“Sony Group is also considering innovative ways to make use of Blockchain technology. It will continue evaluating this system going forward as it works towards the creation of appealing products and services in a host of different fields.”
With Blockchain enjoying its share of fame and popularity, it would be no surprise to see many Tech giants coming together to power up businesses using Blockchain, the technology behind Bitcoin and other cryptocurrencies.
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