One of India’s best business school, SP Jain School of Global Management, has issued more than 1,189 educational certificates based on blockchain network to graduates who recently completed their courses from the institute.
The certificates are live on the Ethereum network and will allow prospective employers to verify the authenticity without having to contact the business institute. The validation process is very intuitive and minimal technical knowledge will be required.
No software or equipment will be required by the prospective employer to verify the credibility of the certificate. All one has to do it scan the QR code which is printed on the certificate.
Information like student’s portfolio, projects, and attendance will be stored on the blockchain and can be verified along with the educational qualifications. The information will be available without comprising the privacy of the students.
“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,” said the President of SP Jain School of Global Management, Nitish Jain. “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.”
SP Jain School of Global Management is the first Indian educational institute to issue blockchain based educational certificates. With the initiative, the business school joins a growing list of countries adopting blockchain and distributed ledger technology to curb frauds related to educational credentials.
Earlier in November this year, Malaysia’s Ministry of Education adopted a blockchain-based issuance and verification system to disburse certificates and award degrees to students. However, the Malaysian government will use NEM blockchain unlike Ethereum used by SP Jain School of Global Management.
Also, the Carribean Examinations Council, in North America issued blockchain based academic certificates to more than 24,000 students last month. The e-certificates were stored on the free and open source Blockcerts Wallet.