UNLOCKING BLOCKCHAIN POTENTIAL IN EDUCATION … · 2018-11-01 · UNLOCKING BLOCKCHAIN POTENTIAL IN...
Transcript of UNLOCKING BLOCKCHAIN POTENTIAL IN EDUCATION … · 2018-11-01 · UNLOCKING BLOCKCHAIN POTENTIAL IN...
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UNLOCKING BLOCKCHAIN POTENTIAL IN EDUCATION
Technology | Advisory | Education
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Paper credentials have been the chosen means of representing achievement for centuries
Certificates Diplomas Transcripts
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As one collects many records over their educational journey, digital standards are needed
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Blockchain credentials enable academic connectiveness and mobility, without limitations
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Blockchain technology addresses the issue of currently inefficient education credentials
NETWORK
NETWORK
NETWORKNETWORK
NETWORK
NETWORK
GLOBAL BLOCKCHAIN
SOURCE OF TRUST
TRUE OWNERSHIP OF CREDENTIALS
THE HIGHEST SECURITY OF DATA
APPLICATIONS
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Allowing fast, cost-efficient, and comprehensive management of credentials
ISSUEFor Academic Institutions
SHAREFor Students and Graduates
VALIDATEFor Any Recipients
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Putting the control of one’s achievements into the hands of the learner
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Blockchain was shown to significantly reduce process complexity in document management
• Complex, inefficient, and time consuming
• Multiple parties and intermediaries involved
• Process must be repeated multiple times by the issuer for each
issuance of document
• Multiple administrative paper documents required
Process before Blockchain
• Simple, efficient and fast
• Process is streamlined to key stakeholders
• Documents may be issued once by the issuer, and the
process is not repeated
• Paperless process
Process with Blockchain
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Blockchain credentials generate compelling value for all users
Student / Alumni
Easy access to digital documents, enhanced mobilityDecrease in credential
requesting time
Full control & privacy over academic background
Academic InstitutionDecrease in credential
processing costDecrease in credential
processing timeCryptographically secure
84% 82% 100%
EmployerDecrease in verification costDecrease in verification time Fraudulent document
detection rate
98% 91% 100%
82%
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Blockchain credentials hold great promise for global education networks and mobility
EDUCATIONAL CONNECTIVENESS AND EFFICIENCY
INTERNATIONAL ACCEPTANCE AND UNDERSTANDING
POSITIVE IMPACT ON ACADEMIC SOCIETY
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Q&A Session
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DisclaimerThis document has been prepared by EduChain Inc. for informative purposes only. The information contained herein is for general guidance on matters of interest and intended for the personal use of the reader only.
No information contained herein may be replicated without the prior written consent of EduChain Inc.
© 2018 EduChain Inc. All rights reserved.
Mark BalovnevManaging Director
AE: +971 55 160 5623CA: +1 613 413 [email protected]