SP Jain School of Global Management recently issued almost 1200 blockchain-backed degrees to combat degree fraud. Integrating blockchain allows schools to transparently and immutably store data concerning the student including performance and degree validity. Degrees are linked to the Ethereum blockchain through QR code access and is designed for employers to verify applicant information. India now joins a number of countries including ones in the Carribean as well as Malaysia in issuing university certificates on the blockchain.
“There have been various attempts globally to issue certificates on the blockchain. But so far no one has captured the complete lifecycle of the certification, students’ attendance and other private data are securely stored in the school’s private blockchain and only the certification related data is exposed to the public Ethereum blockchain.” – Nitish Jain, President of SP Jain School of Global Management
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