All students at higher institutions of learning in Italy will be able to secure the authenticity of their academic qualifications using blockchain technology. The technology also enables companies and employers to easily and immediately be validated.
The technology will guarantee the authenticity of a student’s degree just with one click and students can immediately check the validity on the website, without having to ask the educational institutions such as universities, hence circumventing bureaucracy.
Now, the University of Milano-Bicocca has launched a computerized distributed ledger technology (DLT) platform, the ultimate in terms of virtual security, to ensure students of the validity, cogency and wholeness of official documents on the website.
This seems to be the first ever digital certification system using blockchain technology in Italy. The program is currently active as it waits for the official launch on Friday January 25, 2019.
Created together with the Cineca Inter-University Consortium, the vanguard new technology enables providing digital certificates, and guaranteeing that documents are not compromised, manipulated and are verifiable.
An open system, simple, forward-looking and aboveboard, applied anywhere globally, via which students can guarantee authenticity, wholeness and integrity of their degree to future employers. Commercial enterprises and entrepreneurs can easily click on it such that they can check the validity, minus going to the higher educational institutions to apply.
Similarly, on November 21, Coinidol reported that the Malaysian Ministry of Education had started using DLT to fight degree fraud so that it can maintain the name, ethics and reputation of universities and other educational institutions in the nation.
Also, Italy has come out to start certifying various goods, including agricultural products, on the market using blockchain technology, as Coinidol reported.
As Coinidol also reported in December, the Ministry of Economic Development even invested around 1 billion euro to boost this bullish technology and also to work on the internet of things (IoT), artificial intelligence (AI), AR/VR and many innovative technologies.
The Ministry said:
“In view of the growing importance of issues related to AI, DLT and the IoT, it is essential to support the development of these technologies, encouraging investment in these areas and at the same time ensuring the connection between various sectors of research. To this end, the Ministry of Economic Development to establish a Fund for interventions aimed at encouraging the development of technologies and applications of AI, DLT and the IoT, with an allocation of € 15 million for each of the years 2019, 2020 and 2021.”