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Home Cryptocurrency News

Indian Business School Issues Certificate on the Blockchain

Joshua Tayo by Joshua Tayo
December 5, 2018
in Cryptocurrency News
SP Jain School of Global Management

When it comes to crypto adoption, Asian has proven itself a leader times without numbers. In light of this, a top-ranking business school in India— SP Jain School of Global Management, has recently awarded 1,189 blockchain-based certificates to its successful students.

SP Jain School of Global Management

According to the school, the Certificates are now live on the Ethereum blockchain network and prospective employers can easily verify the authenticity of anyone claiming to have graduated from the business school, thus eliminating the need to reach out to the school administrators for verification.
The process of verifying each of this certificate has been described as simple and straightforward without the need for a technical know how.
According to a recent report, “Neither will additional software or specialized equipment be required as all that a prospective employer or other parties will be needed to do is scan the QR code which is printed on the certificate.”

The school also made it clear that the platform will not only report educational qualifications of its degree holders but more detailed information such as: students’ portfolio, projects and even attendance.

Privacy is Not Compromised

According to President of SP Jain School of Global Management, the information will be provided in such a way that the privacy of the certificate holders will not be compromised.

He confirmed this in a statement which reads:

“There have been various attempts globally to issue certificates on the blockchain. But so far no one has captured the complete lifecycle of the certification. With the business school’s new platform, Students’ attendance and other private data are securely stored in the school’s private blockchain and only the certification related data is exposed to the public Ethereum blockchain.”

Recently it was reported that, “Malaysia’s Ministry of Education unveiled a blockchain-based issuance and verification system for university degrees.” Unlike the SP Jain School of Global Management, Malaysia Employed the used of NEW blockchain network and not Ethereum.

Tags: blockchain-based certificatesSP Jain School of Global Management
Joshua Tayo

Joshua Tayo

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