Swiss University Fights Fake Diplomas With Blockchain Technology
Cointelegraph By Joeri Cant's original article for cointelegraph.com reduced by 55%
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. "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 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.
The University of Bahrain announced that it was partnering with the startup Learning Machine to provide its blockchain diplomas at the beginning of 2019.
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CN [too long; didn’t read]
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