Schools Use Bitcoin Technology to Record Student Credentials

The University of Melbourne will become the first Australian educational institution to pilot blockchain technology by recording student credentials on a distributed ledger. The Australian university will pilot the blockchain tech developed by US-based Learning Machine, an industry startup that will enable employers to verify student credentials on a micro-credentials system. Although largely undefined, micro-credentials aim to recognize additional abilities and discrete skills related to the program or certification. Notably, Learning Machine is associated with the Massachusetts Institute....

Today, Coinbase Co-founder Fred Ehrsam announced on twitter that any student that signs up onCoinbase with a school email account (the domain ending in .edu) will receive $10 worth of Bitcoin in their account for signing up. He then added the offer was for a limited time and that it would only work for select schools, yet he failed to provide a list of schools that would work. At this point, it seems that Coinbase is manually white-listing .edu domains. Many people on the Reddit post have been complaining about the offer not working for their schools, and few have reported success with the....

Educational institutions are turning their attention to the public blockchain to record and verify student credentials. Under normal circumstances, recording student achievements using paperwork can be labor-intensive and costly, making blockchain a significant step toward maximizing cheapness, security and transparency. Holberton School of software engineering, based in San Francisco, is now actively recording student achievements through blockchain. In October 2015, the institution announced its plans, making it the world’s first school to authenticate academic certificates in this way.....

Recently a student from the University of Kent in London was robbed at knifepoint for his bitcoin. After eight thugs stormed his dorm room and demanded that he reveal his crypto credentials and passwords, the student was forced to leave the campus and he moved back home. Freshmen College Student Loses Bitcoin in an On-Campus Mugging A recent report shows that a college student who started the year as a freshman was robbed at the University of Kent, a school located in the historic city of Canterbury. The student’s mother details that five days before starting his course, her son....

College education is expensive, whether you’re going for your bachelor’s degree or your master’s degree. And these days, American students are more burdened by student loan debt than ever before. While there are more affordable options, such as online schools that offer a wide array of programs, from an online MBA to an online homeland security program, taking out loans to pay for higher education has put young adults in debt before they even have a chance to start working. A Look at Some Numbers. To really understand just how burdened American students are with debt, you need to look at....