The Impact Of Blockchain On The Education Industry
A few years ago, the term “blockchain” was not widely used. Today, we hear much about its use in the financial sector. In some cases, the terms blockchain and cryptocurrency have been used interchangeably. Does blockchain have applications in other fields, such as education? The answer is yes. Blockchain, because it is a decentralized ledger that is also secure, can find applications in healthcare, land documentation, and education. The benefit of using blockchain in education is the security it provides to data and the ability to protect data even if a specific node is compromised.
The education sector adapted to digitization quickly during the pandemic. Blockchain technology has the potential to revolutionize this sector. First and foremost, blockchain can fundamentally alter how students and teachers collaborate and manage academic records. The distributed ledger technology of blockchain can significantly impact the education...
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