Malaysia’s education ministry (MoE) has announced that it is developing a blockchain-based degree verification system to combat degree fraud according to a recent tweet.
The official social media communication stated that the system is being developed in collaboration with a university consortium. The system is designed to be able to test and verify the authenticity of university degrees in the country and will include six public sector universities in the first phase.
The system is being built on the NEM blockchain, under the leadership of a professor from International Islamic University Malaysia.
The reason behind the pursuit of the new blockchain degree verification system is not just for the preservation of integrity and reputation of Malaysian universities but also to protect the rights of the students and promote the overall use and universal application of the Distributed Ledger Technology (DLT).
The program will serve as skills training for students trying to enter the blockchain sector and the consortium will also receive backings to develop industry-standard blockchain solutions that could help generate useful revenue for the participating universities through patented technology.
The move comes after various other universities have announced the development of similar blockchain-based degree verification platforms. The top engineering institute in the world, Massachusetts Institute of Technology (MIT) became the first university in the world to implement a degree issuing system that is based on blockchain back in October 2017.
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