“Blockchain is a new way of thinking about how we organize and utilize student (and even faculty) data online, providing them with a sense of ownership, ease of access, and immutability – and it just may take over the way we store education data in the future.” – Melissa Pelletier
MDR published an article on Blockchain and how it can be used in education. In the article, Pelletier explains that Blockchain has world-wide scale and reach not to mention interdisciplinary applications. By 2025, The World Economic Forum (2015) predicts that at least 10% of the world’s GDP (USD 100 trillion) will be managed by Blockchain technologies. Have you heard of “bitcoin”? Pelletier mentions that it’s a good example of what blockchain is capable of.
Student records are endless today. With Blockchain the following can all be part of a student’s personal Blockchain record:
- Payments toward tuition- if private school
With Blockchain, the record belongs to the student instead of the school. Students might just be motivated to reach higher since they own and control their educational record. In addition, records can never be deleted which is great when it comes to data security. In fact, a record cannot be tampered with once it has been saved. If there’s an error in a record, a new one must be created to correct it. Both the incorrect and the correct record will still be visible.
“Blockchain uses open source software– which is a type of computer software whose source code is released under a license, in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose (St. Laurent, 2008).” –Melissa Pelletier
To learn more or to read Pelletier’s article in full, click here.