Role of Blockchain Technology in Education: How Can Blockchain Transform Education System?

 Role of blockchain technology in the education sector. 

Role of Blockchain Technology in Education: How Can Blockchain Transform the Education System?

Blockchain-Based Education System 

Better education is very important for everyone to move forward in life and achieve success. It helps in building confidence in us as well as in building our personality. Education has played an influential role in all developed countries around the world. It is also the main axis of progress and development in the lives of individuals and communities. Education is not limited to classrooms, but also includes a range of the most important areas affecting the future of the country, including industry, medicine, agriculture, science, and others. These areas share a close relationship with education and its levels in the country. 

E-learning system is the online education system, using modern electronic technologies to access everything related to teaching materials outside the boundaries of the classroom. The most important terms used to express and describe it are distance learning and computerized e-learning, where it is an interactive online course in which students can interact with teachers and receive their assignments at the same time.

It should be noted that there are many techniques that can be used in raising the efficiency of the workforce and can be applied to solve problems in the field of education, whether governmental or private. One of the most prominent techniques used in the education sector is the blockchain technology, which many government educational institutions are preparing to start incorporating in their field of work. This technique contributes to the creation of a radical solution to many problems that may hinder the education process. In this article, we will discuss the role of blockchain technology in the education sector and how it could transform the education system.

Role of Blockchain Technology in Education Sector

The blockchain-based education system is a new way of teaching and learning about how we can organize and use online student data, giving them an ease of access, sense of ownership, and immutability - and it depends on how to store education data in the future. The role of blockchain technology in the educational fields is as follows:

⇒Blockchain technology in the education sector is a tool to facilitate document retention for educational institutions and the disposal of documents stacked on shelves.

⇒Disposal of paper documents in general, reducing the possibility of forgery and the chance of paper loss.

⇒Preserving official certificates and protecting them from loss.

⇒Access to the information easily if the owner authorizes the user to do so.

⇒Eliminate employer skepticism regarding the employee's experience and knowledge of job performance.

⇒Selection of people with competencies and expertise in full transparency to fill the appropriate positions for them.

⇒Maintain the privacy of the data and store it to the applicant or its owner without unauthorized access.

⇒Rationalize spending of millions of dollars and reduce working hours more than ever.

⇒Provide an opportunity to make some modifications to unknown transactions in educational institutions.

⇒Transparent filtering in the distribution of grants, loans, and projects in a fairway.

⇒Increase the efficiency of financial accounting performance in educational institutions of all kinds.

How Can Blockchain Technology Transform the Education System?

Blockchain technology has gained a lot of fame over the last few years for its superior protection services and a better cybersecurity system. However, potential uses of blockchain technology extend far beyond its current applications and could bring a major change in classrooms one day.

In a few years, blockchain technology can become an integral part of modern schools and institutions worldwide. If you want to understand the potential impact of blockchain technology in the education system,  it is necessary to know how other fields have used blockchain to improve their processes. Then you can easily understand how schools and institutions might use it for educational purposes. 

Applications of Blockchain Technology in Education Sector

The most prominent applications of blockchain technology in the education sector are:

Diploma and certificates:

Blockchain can be applied in education by providing the academic information to the student with its content of titles, diplomas, notes, and experiences as well, and it is characterized by being highly protected from any risk that may affect them. It is the best way to ensure that no changes are made to the certificates and diplomas obtained by each student.

Accreditation of certificates and credentials:

This is an effective way to accredit papers and certificates based on personal skills. This comes on the sidelines of the implementation of a set of projects that later give the student the opportunity to present credibility with skills they have acquired during group learning.

Transaction Documentation: 

Blockchain technology plays an important role in maintaining transactions and reliability. It contributes to controlling economic transactions in various forms with e-learning institutions, thus verifying the credibility of the virtual educational institutions and avoiding fraud.

Secure Data Management: 

This is often required in virtual education, where documents in this type of education are stolen or characters are impersonated and information is changed. So blockchain technology has dispelled any attempts to change data and information.

AI-Powered Chatbots for Exam Preparation

Opet Foundation OPET Token is an AI-powered education chatbot available in the form of a mobile application and web development online courses designed to provide students with lessons to help them prepare for exams. Apart from answering student queries, the app is designed to recommend worksheets and problems that users have to solve. This will then create profiles for users, and track their learning speed and grades. This information will be placed on the blockchain, allowing institutions to evaluate students based on their progress.

Hyperledger Based Education Industry:

Hyperledger is a multi-project of open-source blockchain technology, hosted by The Linux Foundation. Hyperledger Fabric is an enterprise-legal grade framework for distributed ledger technology and blockchain for providing a transparent and systematic approach and developing solutions. The transparent and picturesque nature of blockchain means that records cannot be easily changed because Opet's “Hyperledger” system adds privacy to students. The Authority Validation Framework ensures that universities that want to see student records have access to specific fields of up-to-date information.

At the same time, only approved nodes such as universities and institutions can edit posts on the blockchain, ensuring that all information is trustworthy. All of these are done with a dedicated API user interface, which is connected to both the “distributed ledger technology” and “blockchain”. With these innovations, Opet Foundation believes “Hyperledger” is able to gradually change the field of education that we know through a set of steps forward.

 Nothing is more powerful than the idea that its time has come. It is a good time to link education, artificial intelligence and blockchain together.