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Blockchain In Education

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Education is one of the main key aspects of the growth of fields like medicine, agriculture, science, and almost all kinds of industries. – PowerPoint PPT presentation

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Title: Blockchain In Education


1
Blockchain in Education
  • www.bitdeal.net

2
Introduction
  • Education is one of the main key aspect for the
    growth of fields like medicine , agriculture ,
    science , and almost all kinds of industries .
    It's a complex task to run and manage an
    educational institute. There are lots of issues
    faced for educations from pre-kindergarten to PhD
    students.
  • We all know about the Blockchain Technology which
    helps in renovating many kinds of industries . We
    have already discussed about the impacts of
    blockchain in Healthcare Industry , Insurance
    Sector , Banking and Supply Chain Management .

3
Challenges in Education Sector
  • 1 . As the world is getting transformed ,
    education becomes an unavoidable one among the
    people . Thus there are billions and billions
    students undertaking education in various
    institute in a year . It is a greatest task of
    maintaining records of those students details in
    paper documents .
  • 2 . When those records are on paper formats , it
    becomes a complex task to get back the details of
    student who studied 4-5 years back. It takes a
    lot more time to recollect the old data and
    records .
  • 3 . Maintaining the certificates of students in a
    secured manner becomes difficult and requires
    manpower .

4
Challenges in Education Sector
  • 4 . The trouble filled part of education sector
    is accounting , which requires time and people
    to calculate and maintain the finance of an
    institute . This involves calculation of
    employee / staff salary , students fees ,
    maintenance and operational costs of that
    institute .
  • 5 . Monitoring the scholarships for the students
    is also became difficult as there are more number
    of students and also scholarships provided .
  • These challenges moves the educational sector
    into a difficult zone of performance . This paved
    the way for the use of technologies in education
    and the most important technologies that helps
    education to face all those challenges is "
    Blockchain Technology ".

5
Blockchain in Education
  • The use of blockchain in education sector can
    bring a big revolution within 2020 . As the world
    is getting smarter and digitized , it is a time
    to make the education system also smarter and
    digital . This in turn increased the institutes
    and universities that provides online courses ,
    digital certificates , etc .
  • The use of blockchain in education , also created
    a way for the acceptance of cryptocurrencies as
    payments/fees for courses in many institutes .
    This may result in a easier and a transparent way
    for both students as well as the institutes .
  • There are lots and lots of use cases of
    blockchain in education and it all together helps
    in bringing a healthy educational system .

6
Benefits of Using Blockchain in Education
  • 1 . Replaces the Paper Documents
  • The use of blockchain for storing the records of
    students , staffs and employee of institute can
    reduce the use of paper document maintenance . It
    also helps in avoiding the risk of falsifying or
    chance of losing records .
  • 2 . A saving Method
  • As blockchain provides digital storage , the cost
    for the paper , document printing is eliminated .
    Also the time and people effort for maintaining
    those documents is also saved . Thus use of
    blockchain in education prevails to be a saving
    mechanism

7
Benefits of Using Blockchain in Education
  • 3 . Data Transparency
  • As we already know that blockchain is a
    decentralized and distributed ledger technology
    which spreads out ownership to concern
    individuals . Thus , blockchain in education
    system can provide transparent records storage of
    students .
  • 4 . Financing and Accounting made Easy
  • The use of blockchain in education system can
    make calculation of scholarships for students and
    salaries for teachers easier and transparent .
    The acceptance of bitcoins for payments process
    in education systems makes it more efficient .

8
Educational Institute that uses Blockchain
  • 1 . University of Nicosia, the largest private
    higher education institution in Cyprus has
    implemented a fully-functioning blockchain
    library for the storage of information about
    student's grades,qualifications and certificates,
    etc.,.
  • 2 . The Massachusetts Institute of Technology
    (MIT) ,the world leader in training specialists
    in variety of technical areas , implemented
    blockchain over one hundred digital diplomas for
    its graduates.

9
Future Scope
  • Get more info about the uses of blockchain in
    education at this blog
  • Blockchain In Education
  • Blockchain in education sector is now providing a
    better way to escape out of challenges . In
    future , the use of blockchain in education can
    bring a big revolutionary changes that transforms
    the education sectors to a higher level .
  • Let Us Hope for Best changeovers by blockchain
    in education sector by 2020 !!!

10
Contact Bitdeal for your Blockchain Development
  • WWW.bitdeal.net
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