Swiss University Gallen Combats Fraudulent Diplomas With Blockchain Technology Sep 22, 2019 Sep 22, 2019 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsSeptember 22, 2019 by Kelly Cromley

Swiss University Gallen Combats Fraudulent Diplomas With Blockchain Technology

Switzerland based St. Gallen University is planning to use blockchain technology to combat fraudulent diplomas, which is seeing an increase in the past few years.

The University of St. Gallen has stated that it is launching a blockchain powered trial venture to validate the originality of its degrees in seconds, instead of several days.

Harald Rotter, CIO of the university, said

“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.”

The University of St. Gallen has decided to collaborate with Swiss blockchain company BlockFactory and will utilize its certification remedy to build unalterable diplomas that are recorded on the Ethereum blockchain.

It can be recalled that the Malaysian Ministry of Education is also working to manage the rising cases of fraud educational degrees in the country. Malaysia unveiled E-Skrol, an app running on the NEM blockchain to manage the issue of certificate scam via the use of blockchain technology.

In June, a Canada based tech institute also unveiled plans to issue diplomas using blockchain powered platform.

Over 4,800 students graduating from the Southern Alberta Institute of Technology will be awarded with blockchain based degrees in addition to their traditional physical degrees in 2019. Similarly, the University of Bahrain stated that it was collaborating with the startup Learning Machine to offer its blockchain diplomas at the start of 2019.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.