How blockchain technology can help in document verification system in academics?
Technology has started revolutionizing the education sector which was following traditional methods of teaching and engagements related to academics. Recently, we have seen the word “Ed-tech’’ has become popular especially after covid-19.
Introduction
The ed-tech industry has redefined the digital world by taking the initiative to build the gap between industries and the education system which was slow in growth and was designed for one type of education for all. Digitization enabled the opportunities to knock at home and educate students or professionals based on their preferences and that too at their own pace which makes the learning experience more fun and easy.
The immense attraction of technological implementations has led to re-think other aspects of the academics to aid. We are here talking about the assets of students, employees, and other professionals. Academic documents are of great importance to individuals and organizations to provide authenticity to employers or other institutions for establishing credibility. Hence, These documents need to be secured safely.
Distributed Ledger Technology
Distributed ledger technology is taken into account a fantastic and innovative milestone by technologists & developers around the globe. They are constantly seeking new extensive applications of Blockchain Technology in their varied industrial sectors.
Many applications have already been a success and many are yet to be discovered. One of them is a document verification system by blockchain technology.
Academics: Process of Document Verification
Institutions and universities can use blockchain technology to create digital certificates that are kept in distributed blocks of a database. A node can be any entity or certificate issuing authority. Any entity searching for record validation can ask the node to check the records it has for a certain student.
Each verification procedure can be controlled electronically. This would aid in the resolution of a variety of challenges.
If a student or competent authority loses their original certificates or mark sheets, they can readily obtain them via a blockchain node.
With dispersed and authorized nodes on a blockchain, academic verification becomes quite simple.
Implementation of Blockchain in Indian Academics
The Central Board of Secondary Education of India has developed a system called "academic papers" that uses Blockchain technology to store its outcome certificates in a linked chain structure and make them visible, tamper-proof, and paperless.
Academic BlockChain Documents (ABCD)
Academic BlockChain Documents (ABCD) provides a platform for all stakeholders, including students, higher education institutions, employers, and government authorities, to store and retrieve tamper-proof marks sheets. Academic BlockChain Documents (ABCD) ensures that academic documents are stored in a secure, tamper-proof, and transparent manner, as well as keeping track of modifications to the marks sheet.
Stakeholders would be able to access them and be confident in the accuracy of the data.
As a result, the platform eliminates issues such as the lack of quick Academic documents and the time-consuming procedure of verifying these documents.
Education loans from banks & financial institutions.
Institutes could also use the materials for online counseling by linking their systems with plug-in interfaces. This technique can also be used by banks and financial institutions to grant educational loans and merit-based scholarships based on the applicants' qualifications. The process becomes seamless in securing aid which was tedious previously involving paperwork and several attestations just to authenticate your real document.
Smart contracts enhance accountability
Teachers can utilize blockchain smart contracts to enter into digital agreements with pupils over the fulfillment of their assignments. The agreement spells out all of the assignment criteria, including the directions, conditions, due date, and deadlines. After a student completes the work and meets all of the agreement's criteria, they may be granted automatic entry to the next section of the course or earn a credit and completion certificate.
Finally, smart contracts have the potential to provide personalized learning within a standard classroom setting while also providing the incentive factor that is sometimes lacking in traditional educational systems.
There are several other use cases in academics of blockchain technology. Technology is in its initial stages and can do wonders in making the world a better place for everyone. So together we have to remain curious, welcome change with open arms, and work for solutions to existing problems.
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