MIT issues blockchain based digital certificates


In a new move, the The Massachusetts Institute of Technology (MIT) has given Blockchain based digital certificates many students who have been included in what is hoped to be a world leading trend in a pilot program to adopt the new technology as of mid October this year. This pilot program will be the culmination of a co-operative effort between MIT and Cambridge, Massachusetts software company Learning Machine, which collectively made Blockcerts open standard in 2016.

The institute has released a proclamation stating that the diplomas had been given via an unique program. This "app" allows graduates to talk about a "tamper proof" and "verifiable" electronic version of the certificates of theirs with other people and potential employers.  The companies stated goal is to digitize official records so they can be recipient owned and immediately verified by others

MIT registrar associate dean, Mary Callahan stated that the primary goal MIT sees in doing the pilot is actually empowering the pupils to be the curators of their very own qualifications.

Basic Overview
The Blockcerts system is focused on blockchain security as a priority above some other common use attributes like price, ease of speed and use. It engages a time stamped transaction showing that the school has produced the electronic history of the certification. This helps the pupil showing evidence of ownership of the diploma of his in the long term.

Based on the statements of Learning Machine co founder and chief executive officer Chris Jagers, MIT is actually among the very first colleges to
"have issued official records in a format that can exist even if the institution goes away. People can own and use their official records, which is a fundamental shift.”


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