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Blockchain in Education

Education is one of the main key aspect for the growth of fields like medicine , agriculture , science , and almost all kinds of industries . Its a complex task to run and manage an educational institute. There are lots of issues faced for educations from pre-kindergarten to PhD students.

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Blockchain in Education

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  1. Blockchain in Education www.bitdeal.net

  2. Introduction Education is one of the main key aspect for the growth of fields like medicine , agriculture , science , and almost all kinds of industries . It's a complex task to run and manage an educational institute. There are lots of issues faced for educations from pre-kindergarten to PhD students. We all know about the Blockchain Technology which helps in renovating many kinds of industries . We have already discussed about the impacts of blockchain in Healthcare Industry , Insurance Sector , Bankingand Supply Chain Management .

  3. Challenges in Education Sector 1 . As the world is getting transformed , education becomes an unavoidable one among the people . Thus there are billions and billions students undertaking education in various institute in a year . It is a greatest task of maintaining records of those students details in paper documents . 2 . When those records are on paper formats , it becomes a complex task to get back the details of student who studied 4-5 years back. It takes a lot more time to recollect the old data and records . 3 . Maintaining the certificates of students in a secured manner becomes difficult and requires manpower .

  4. Challenges in Education Sector 4 . The trouble filled part of education sector is accounting , which requires time and people to calculate and maintain the finance of an institute . This involves calculation of employee / staff salary , students fees , maintenance and operational costs of that institute . 5 . Monitoring the scholarships for the students is also became difficult as there are more number of students and also scholarships provided . These challenges moves the educational sector into a difficult zone of performance . This paved the way for the use of technologies in education and the most important technologies that helps education to face all those challenges is " Blockchain Technology ".

  5. Blockchain in Education The use of blockchain in education sector can bring a big revolution within 2020 . As the world is getting smarter and digitized , it is a time to make the education system also smarter and digital . This in turn increased the institutes and universities that provides online courses , digital certificates , etc . The use of blockchain in education , also created a way for the acceptance of cryptocurrencies as payments/fees for courses in many institutes . This may result in a easier and a transparent way for both students as well as the institutes . There are lots and lots of use cases of blockchain in education and it all together helps in bringing a healthy educational system .

  6. Benefits of Using Blockchain in Education 1 . Replaces the Paper Documents : The use of blockchain for storing the records of students , staffs and employee of institute can reduce the use of paper document maintenance . It also helps in avoiding the risk of falsifying or chance of losing records . 2 . A saving Method : As blockchain provides digital storage , the cost for the paper , document printing is eliminated . Also the time and people effort for maintaining those documents is also saved . Thus use of blockchain in education prevails to be a saving mechanism

  7. Benefits of Using Blockchain in Education 3 . Data Transparency : As we already know that blockchain is a decentralized and distributed ledger technology which spreads out ownership to concern individuals . Thus , blockchain in education system can provide transparent records storage of students . 4 . Financing and Accounting made Easy : The use of blockchain in education system can make calculation of scholarships for students and salaries for teachers easier and transparent . The acceptance of bitcoins for payments process in education systems makes it more efficient .

  8. Educational Institute that uses Blockchain 1 . University of Nicosia, the largest private higher education institution in Cyprus has implemented a fully-functioning blockchain library for the storage of information about student's grades,qualifications and certificates, etc.,. 2 . The Massachusetts Institute of Technology (MIT) ,the world leader in training specialists in variety of technical areas , implemented blockchain over one hundred digital diplomas for its graduates.

  9. Future Scope Get more info about the uses of blockchain in education at this blog : Blockchain In Education Blockchain in education sector is now providing a better way to escape out of challenges . In future , the use of blockchain in education can bring a big revolutionary changes that transforms the education sectors to a higher level . Let Us Hope for Best changeovers by blockchain in education sector by 2020 !!!

  10. Contact Bitdeal for your Blockchain Development : WWW.bitdeal.net

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