Join the BitcoinNews Telegram channel for daily updates >>LINK

Singapore Grads to Get Certs on Blockchain

Singapore Grads to Get Certs on Blockchain

Support free writers: > send a tip

written by

Starting this year, 18 educational institutes in Singapore will be issuing their graduates with certificates that can be verified on blockchain, according to tech media outlet Tech in Asia.

These institutions will be using a solution provided by OpenCerts, which bills itself as “an easy way to check and verify your certificates”. The open source state project is still in the initial stages of progressive roll out and will be running on the Ethereum blockchain.

The proponents of this new initiative are of the belief that blockchain-based solutions can assist the education sector in several ways, not least in ensuring that certifications are verifiable, tamper-resistant and stored digitally. With a unique code issued to every certificate, there can also be no duplicates.

Should any certificate be tampered with, a new hash will be created, resulting in the new creation guaranteed to fail validation. In addition, digital versions will mean a huge savings on cost as they no longer need to be printed, and no longer need effort to verify.

The project is a cooperative effort from four organizations: SkillsFuture SingaporeGovernment Technology AgencyNgee Ann Polytechnic, and the Ministry of Education.

 

Follow BitcoinNews.com on Twitter: @bitcoinnewscom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Pixabay

Help spread this article :)

BitcoinNews.com is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of BitcoinNews.com

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by BitcoinNews.com to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of BitcoinNews.com 

   Advertisement

Read More Bitcoin News

Tragedy-of-Fiat-Money

The Tragedy of Fiat Money

Over the course of the last 18 years, the European Central Bank (ECB) printed new currency, multiplying money supply by more than 5 times, bringing it to 1308 billion. Here we discuss whether or not the central bank’s actions could be considered a robbery.

Read More »

   Advertisement

Join our Newsletter

Video of the Week

   Advertisement

Latest on Bitcoin News

Join our Newsletter

   Advertisement