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