Swiss University Fights Fake Diplomas With Blockchain Technology
A Swiss university joins the growing list of institutions from all over the world looking to blockchain to aid them in their fight against fake degrees.
The University of St. Gallen in Switzerland is setting its sights on blockchain technology to fight fake diplomas, a type of fraud that has been on the rise globally in recent years.
According to a CNN Money Switzerland interview from Sept. 19, the University of St. Gallen has announced that it is introducing a blockchain-based pilot project to verify the authenticity of its degrees in a matter of seconds rather than several days. The university’s CIO Harald Rotter said:
“I saw that it could be necessary and it could be a valid use case to transfer or to make easier to validate our diplomas based on a digital process on blockchain.”
The University of St. Gallen has chosen to partner with Swiss blockchain startup BlockFactory and will use its certification solution to create immutable diplomas that are registered on the Ethereum blockchain.
Malaysia and Canada also battling fake degrees
Cointelegraph previously reported that the Malaysian Ministry of Education is also trying to tackle the increasing cases of fake educational degrees in its country. Malaysia introduced E-Skrol, an application built on the NEM blockchain to deal with the issue of certificate fraud through the use of blockchain technology.
In June, Cointelegraph reported that a Canadian tech institute also plans to issue blockchain-based diplomas to its next graduating class. More than 4,800 graduating students of the Southern Alberta Institute of Technology will receive its first blockchain-based degrees along with their traditional parchments in 2019.
Similarly, the University of Bahrain announced that it was partnering with the startup Learning Machine to provide its blockchain diplomas at the beginning of 2019.
If you have other interesting news about this topic or other cryptocurrency news please let us know. Don’t forget to view our useful bitcoin videos collection to learn more about Bitcoin and Blockchain. Investing in Cryptocurrencies can be very profitable but always make sure you’re keeping your coins safe. You can use the tutorial that will teach you how to make a bitcoin paper wallet that’s the simplest way to keep your Bitcoins but the safest way is by using a hardware wallet.
You’re invited to share your opinion about this news “Swiss University Fights Fake Diplomas With Blockchain Technology” by adding your comment bellow. Let’s keep this discussion civilized with a non-offensive language.