Traditionally, Blockchain has been often associated with Cryptocurrencies and FinTech services. However, Blockchain technology is revolutionizing almost every industry in the world. This technology makes it easier to track the data origins and verify its authenticity.
The education industry is also greatly benefiting from this technology by implementing it in the authentication process of digital credentials to issuing online certificates. In this blog, we are going to discuss the role of Blockchain technology in e-learning. We will also learn why education businesses are collaborating with the best mobile app development company to get eLearning solutions.
Before we learn about the impact, we should learn about Blockchain Technology.
What is Blockchain?
Blockchain is a distributed ledger technology, it enables modern data storage and transmission solutions. Distribution and storage of secure information are possible with the help of a distributed database. Furthermore, various individual digital ‘nodes’ holds an entire copy of the ledger and verify the integrity of the newly recorded data.
The ledger information will remain intact even if multiple nodes face failure. Thus, this makes it a very innovative technology for businesses to implement their operations. For this reason, many businesses are rushing to hire blockchain developers.
Why Educational Institutes Have Started Using Blockchain?
Blockchain technology is bringing technological innovation for data storage and transmission. The distributed database allows people to have proper distribution and storage of secure information. Above all, the education sector requires high security and integrity to protect crucial data from getting leaked or tampered with. Forgery and paper leaks are common incidents in the education sector.
The improvement in digital transformation has become the need for education businesses around the world. Moreover, storage, authentication of information, and data transmission have become the biggest priorities of this industry.
Blockchain technology has become the most innovative technology for supporting this need for digital transformation in various industries. In fact, it effectively combines the best of security, transparency, and decentralization. This provides a great advantage in the identification and traceability of various activities.
The Role of Blockchain in e-Learning
Blockchain technology is a major innovative technology which is creating massive changes in the education and e-learning businesses. In fact, top education businesses are investing heavily to hire Blockchain developers. Here’s how Blockchain is creating a major impact in e-learning;
Effective Management of Student Records
Managing student records is one of the most time taking and labor-intensive tasks for any educational institution. In fact, manual management is more susceptible to error and mismanagement.
For this reason, many eLearning companies are implementing Blockchain technology to effectively manage their student records. By using Blockchain, administrators can immediately update the grades and provide transcripts, and enable students to view their student records. Moreover, this technology is also helpful in securing student data from data breaches.
Issuing Degrees and Certificates
Paper documents can be easily forced these days with the help of advanced document editing tools. Thus, it is very hard to verify the authenticity of a degree without references. Implementing Blockchain technology can help businesses to store and issue digital certificates for students.
This will greatly help in the document verification process for both employers and other institutes. Above all, the original certificate will be stored on the Blockchain to give the assurance of authenticity. As a great example; in 2017, MIT had already started issuing digital diplomas to its graduates.
Decentralizing Online Learning
Many education institutions are providing online learning courses to their students. Both local and international students are able to take these courses according to their convenience. Thus, implementing Blockchain technology can help businesses with real-time data exchange and effective decentralized online learning.
Both students and instructors are able to share critical information in real-time and reduce the infrastructure cost to run an eLearning business. Therefore, they can also reduce the costs of their courses and attract more customer engagement solutions to their learning experience.
Removal of Intermediaries
Traditional eLearning businesses have to rely on third parties to manage and store financial, business records, and other critical data. Thus, implementing Blockchain removes the need for these intermediaries. The data present on the Blockchain is more secure, reliable, and transparent.
Copyright and Digital Rights Violation Protection
In the age of digital content, every piece of content is at the risk of getting stolen, pirated, or copied. Thus, the issue of plagiarism is a major issue for educational institutes that work hard to develop quality content for the students.
Blockchain technology could be a great assistance for content creators to safely store their academic content on the internet. In fact, Blockchain uses advanced encryption methods for storing data in a secure chain. Only the permitted users are able to access the critical information from the network. Moreover, education businesses can easily track, verify, allow usage, and access to their digital eLearning content. For this reason, many of them are investing in the best mobile app development company to integrate effective Blockchain solutions.
Cryptocurrencies as Rewards
Although this might be merely a concept at this moment, giving cryptocurrency rewards to students for achieving something could be a great motivation factor. In fact, this could ensure better engagement in the curriculum and make them finish the course much faster. Ultimately, this could be an innovative use case to implement the use of cryptocurrencies in the education sector.
Better Evaluation of Courses
Blockchain technology provides us with smart contracts. They are basically digital contracts that are immutable and self-executable. Thus, educators can use smart contracts to focus on a list of necessary tasks that will help the students to complete the course.
Once a student completes a task, a Smart Contract will verify the progress to ensure completion. Thus, after finishing all the tasks, the students can be given a certificate of completion. This would reduce a lot of human involvement in manually evaluating the tasks.
Better Digital Examinations
The COVID-19 pandemic completely changed the traditional education sector. More and more schools and colleges started to look for eLearning services to continue their curriculums. Thus, innovative institutes started using Smart Contracts to create examination papers with proper answer keys and scoring patterns.
This has made the digital examinations highly effective and helpful for students who are learning remotely. Ultimately, Blockchain is helping the education institutions to grade the response in the examination.
Smooth Transfer of Records
Students often have to change their education institutions according to their location and preferences. Thus, transferring the records also becomes an important process to get successful admissions.
Using Blockchain can build an interconnected world where institutes could effectively share records with new institutes through a blockchain. Moreover, this could be a great feature for students who often go to other institutes through exchange programs.
The record data on the Blockchain will remain safe and secure from hackers and unauthorized individuals.
Better File Storage
Running an eLearning business requires good and reliable storage options for storing files. In fact, they have to store a lot of digital curricula, records, degrees, student input, and other critical information. Saving files on hard drives and on a single server brings the problem of centralization.
In a centralized database, if any of the servers or hardware gets compromised, the data will be compromised as well. Blockchain technology resolves this problem by storing the files on multiple computers or nodes on a distributed network.
Blockchain-based cloud storage is the most reliable option for storing huge piles of files for eLearning services. The data remains secure and safe from failure or compromises.
Running an eLearning business is expensive and labor intensive with traditional technologies. Above all, Blockchain technology can effectively automate a lot of processes, which could translate into more savings for both students and institutions. A lot of technical infrastructures to run an education business can become more affordable with the implementation of Blockchain technology. Moreover, many of the middlemen can be removed as well to ensure more cost-effective eLearning services.
Blockchain technology is already bringing massive changes to almost every industry. The education sector is also witnessing digital transformation with the help of Blockchain technology.
You can also implement this technology in your education business to expect better eLearning services, secure storage, and reliable communication. For this reason, you should also hire Blockchain developers from the best mobile app development company to develop your eLearning solutions with Blockchain technology.
MobileCoderz has an expert team of developers, designers, QA professionals, and project managers. Plus, they have also an extensive portfolio with clients from diverse industry verticals.
About the Author
Josephine Baker is a professional Blockchain developer at MobileCoderz, the best Blockchain development company in India. Over the years, she and her team have helped dozens of education businesses in implementing Blockchain into their eLearning services. Lastly, apart from her professional life, she takes a keen interest in horse riding and playing with her dogs.
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