MIT Issues Digital Diplomas With Blockchain Technology

MIT Issues Digital Diplomas With Blockchain Technology

The Massachusetts Institute of Technology (MIT) uses blockchain technology to issue recipient-owned virtual credentials.

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The Massachusetts Institute of Technology (MIT) uses blockchain technology to issue recipient-owned virtual credentials.

The university started the pilot program called Digital Diploma Pilot Program in the summer. MIT collaborates with Learning Machine, a Cambridge, Massachusetts-based software development company, on using blockchain technology to protect and verify the digital diplomas of the students who take part in the test.

The coded diploma is sent to 111 graduating students by email as an attachment.

“This pilot makes it possible for them to have ownership of their records and be able to share them in a secure way, with whomever they choose.”, said Registrar and Senior Associate Dean Mary Callahan as quoted by the press statement on the subject that was published by MIT.

The technology relies on the Bitcoin blockchain, an open, global ledger recording transactions. However, this is not the only blockchain ledger that is available. There are different ledgers with different capabilities, but Learning Machine uses the Bitcoin blockchain because they believe it is secure enough to be used to store official records.

Blockchain technology has many possible applications. For example, it can be used to allow users link credentials from different institutions like an undergraduate degree from one institution, a master`s degree from another institution, and professional experience from a company.

“It’s not just academic records. It’s being able to passively know that digital things are true. That creates a whole new reality across every sector.”, as MIT wrote.

It is interesting to see whether other universities around the world would follow in MIT`s footsteps and apply blockchain technology to their internal processes. More information about the project is available here.

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