[ccpw id="5"]

front pageToday's NewsHilltop School District uses blockchain technology to issue graduation certificates

Hilltop School District uses blockchain technology to issue graduation certificates

-

The Maharashtra State Skill Development Board (MSBSD) has issued over 100,000 verifiable virtual graduation certificates to graduates. The MSBSD developed the virtual certificates on the Polygon blockchain using the LegitDoc platform.
According to Neil Martis, co-founder of LegitDoc, virtual certificates cannot be tampered with because they are recorded on the blockchain. Through the Polygon blockchain, these certificates can also be verified to confirm their authenticity, Martis added. The virtual certificate initiative is a collaborative effort between MSBSD and the Maharashtra State Innovation Society (MSINS).
Mattis described the innovation as a game-changer. He revealed that it brings a new era of data security, privacy, transparency and cost reduction. For MSBSD, this is the first time that the board has issued virtual certificates to students. Mattis spoke highly of the board and expressed his excitement. He said that MSBSD refused to adopt traditional virtual certificates and adopted on-chain virtual certificates.
Mattis described the rigorous process that the commission usually goes through when issuing paper certificates. He said the process usually takes time and the efforts of many people. In addition, the verification of the certificates is also time-consuming. He pointed out that it usually takes the attendance of three commission officials and about a month for verification. The co-founder said such a process does not guarantee that the certificate is correct.
He believes that this move effectively speeds up the issuance and verification of certificates. Mathis asserted that the use of blockchain technology will reduce manual input and prevent errors.
Furthermore, Mattis explained the decision to use the Polygon blockchain. He recalled that the government once used the Ethereum blockchain for a similar project. According to him, the inherent scalability and huge gas fees of Ethereum made the committee turn to Polygon.
Meanwhile, Maharashtra has been a significant adopter of blockchain technology. Recall that Maharashtra also invented Covid 19 and the issuance of caste certificates. Mithun John, co-CEO of MSINS, reflected on this development. John revealed that Maharashtra had previously used blockchain with notable success in some projects. The decision to make MSBSD’s graduation certificates virtual was based on this record.
The latest developments highlight that blockchain is gaining the deserved recognition in various industries. After the impact of blockchain has been felt in industries like finance, banking, medicine, sports, entertainment, public health, etc., this innovation is gaining the pinnacle of global recognition. Reports of blockchain adoption are constantly being heard around the world.
In 2021, the blockchain market size reached US$4.9 billion, and there are strong indications that the market size will reach US$67 billion by 2026, with a CAGR of 68.4% due to the increasing adoption of blockchain by private and government projects in different fields.
Related
U.S. Treasury Department steps up cryptocurrency education initiatives
Paxful launches Bitcoin education center in El Salvador to boost adoption
Join our Telegram channel to get the latest news

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Information Recommendation

On Wednesday February 7, buy the new and best "meme coins" - bitcoin miner coin, fuzzcoin, harry potter obama sonic 10 dogs, son of peppa.

Memecoins have become a well-known trend in the crypto world. These digital tokens are cryptocurrencies created around internet jokes or memes. Despite their humorous origins, some memecoins have shown significant price growth, reaching market caps in the billions of dollars. In addition, Bitcoin Miner...

Today's Cryptocurrency Gain List June 13 Toncoin Lido DAO Bittensor Ontology Gas Latest Gain Ranking

Join our Telegram channel to stay up to date with the latest news coverageFor more than two years, the prospect of higher interest rates has impacted the crypto market. However, in mid-2023, the Fed’s direction changed. In the past nine meetings, including the one on June 12, the U.S. Federal Reserve has...

比特币脱钩辩论加剧,特朗普施压美联储,黄金飙升,美元和股市下滑

特朗普施压美联储降息,比特币突破88,000美元引发关于主流金融资产解耦的辩论随着唐纳德·特朗普施压美联储降息,比特币突破88,000美元的上涨重新点燃了关于这一加密货币是否与传统金融资产脱钩的讨论。...

The Next Cryptocurrency to Break Out - Sunday, January 28th - Bitget Token, ZKFair and Telos

Analysts have discussed in depth the expected 2024 cryptocurrency bull run, noting that altcoins may be favored. While acknowledging that Bitcoin could see a significant price increase, experts are optimistic that 2024 offers more favorable conditions for the altcoin market. This article analyzes some potential coins...

Follow us

0FansLike
3,888FollowersFollow
0SubscribersSubscribe

Latest News

en_GBEnglish