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Blockchain Goes to School

The education industry is changing before our eyes. No longer solely the province of a centralized learning environment in either the physical or virtual worlds, education now occurs via peer-to-peer interactions, online and from anywhere on the planet. Educational providers, particularly in higher-ed, are struggling to harness digital technology as a tool for transformation. Blockchain technologies present enormous opportunities to help higher education providers:

*Reduce costs and eliminate fraud by avoiding manual verification of transcripts and other documents.

*Increase innovation by providing a platform for collaboration between business and educational institutions, as well as other possibilities.

*Boost efficiencies via “smart contracts” that execute automatically when certain conditions are met.

  • Author(s):
  • Cognizant
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Website:Visit Publisher Website
Published:November 1, 2019
Copyright:© 2019, Cognizant. All rights reserved.

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