MIT spent the last year working with Learning Machine to develop its initial concept into a public resource, building blocks for developers to freely use.
Very soon this nascent technology could securely enable registrars to help students verify credentials without the hassle of ordering copies of transcripts.
Learning Machine and MIT Media Lab’s Learning Initiative have released the first version of an open-source project that builds an ecosystem for creating, sharing, and verifying blockchain-based educational credentials.
Researchers see potential for a digital ledger, called the “blockchain,” to help employers check whether job applicants have really taken the courses they say they have.
MIT and a collection of exciting blockchain start-ups prove bitcoin is only the beginning.
Storing educational credentials on a distributed ledger in a transparent manner makes a lot of sense. MIT Media Lab and Learning Machine has done exactly that, allowing individuals to share digital proof of their education and employment.
Still think blockchain is a mythical beast? The technology just got a big endorsement from MIT’s Media Lab, which introduced a project for issuing official credentials on blockchain.