The University of St. Gallen – based in Switzerland – is turning to blockchain for a solution that helps combat fake degree forgeries – an increasingly alarming problem on a worldwide scale in recent times.
As reported by CNN Money Switzerland on September 19, the Swiss university will be utilizing blockchain to help solve fake diplomas issue, with a project that will be put through pilot phase, in an attempt to provide verification for degree authenticity, in a matter of seconds, unlike the current days-long process.
“I saw that it could be necessary and it could be a valid use case to transfer or to make easier to validate our diplomas based on a digital process on blockchain.” Harald Rotter, University of St. Gallen ICO, further added.
The University of St. Gallen has decided to team up with BlockFactory – a blockchain firm headquartered in Switzerland – to develop the solution for the certificates – which will be recorded on the Ethereum Blockchain.
Previously, The Malaysian Ministry of Education has also recently rolled out E-Skrol – a NEM blockchain-based solution to address the problems regarding certificate fraud.
In June, a Canada-based educational organization has also considered blockchain for its certificate awarded to the next batch of graduates. Specifically, over 4,800 from Southern Alberta Institute of Technology will be issued blockchain-powered diplomas, together with the offline parchments.
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