How will blockchain transform higher ed? Start with credentials

At Central New Mexico Community College (CNM), empowering students is an important goal, says Tobe Phelps, senior director of online college. Giving students a permanent, secure digital record of their accomplishments that they can take with them when they graduate aligns perfectly with this objective.

“When we issue a diploma to a student, that diploma still belongs to the college, and the student must get a certified copy from us,” Phelps says. “If they try to get a job or move on to another college, all of those (entities) have to come back to us for validation of the student’s credentials.”

By using a technology called blockchain, “we’re able to take that certification and give it to the student as an official record they own themselves,” he says. “We can be completely out of the circle.”…Read More

Blockchain technology: latest technology in higher ed or overhyped?

Blockchain technology has garnered much attention in recent years, but technology leaders seem split over its future–some say the hype will be short-lived, but blockchain start-ups are growing and hiring.

What does that mean for blockchain technology’s uses in higher education?

According to Don and Alex Tapscott, authors of Blockchain Revolution, blockchain “is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.” Information on a blockchain isn’t stored in a single location, and this means its records are public and easy to verify.…Read More