Blockchain technology is synonymous with Bitcoins and Ethereum of the world. It is changing many sectors and is gradually impacting the education sector too. After the pandemic affected educational institutions across the globe, the approach to education has changed. Online tools support educational needs, and a new trend is that students wish to buy assignments online.
Digital technology in education is here to stay, and the blended learning approach has more relevance. The flipped classroom is the latest trend, and teaching resources no longer limit both teachers and students.
The post-pandemic world is here to stay, and everyone is availing of the new technologies. So in the National Education Policy 2020 (NEP 2020), India came up with an ambitious plan. The main motive was to achieve a 100 per cent Gross Enrolment Ratio (GER) in school education by 2030.
It should get doubled and must reach 50 per cent by 2035.
The students can expect increased flexibility and subject choices. There are no rigid separations across disciplines. There is a focus on investing in technologies to achieve targets and provide education. The main aim is to get a holistic and multidisciplinary education.
By incorporating a robust Digital Education Ecosystem (DEE), there will be upgradation in content development, teaching, evaluations, grading, attendance recording, achievements, certificates, degrees and diplomas. Digitisation will provide a more secure and fool-proof system to track students’ academic activities, and Blockchain will offer a viable solution to manage such an integrated education system.
Blockchain stores information in “blocks” coupled to form “chains”. Users get an exact copy of the Blockchain joined together in a network. New information must be added or altered via a new block to be approved by over half the total users.
The Internet of Things (IoT) has made cheap computing and internet services available. At the same time, blockchain technology facilitates innovations across a range of processes. It is widely used in applications based on the management, storage, retrieval and safety of vast and vital information.
Uses of Blockchain In Education
Help in managing the records
Blockchain technology provides an excellent framework for managing student records. The relevant documents are secretly maintained safely, be it information about teachers.
Blockchain enables an educational institution to monitor faculty performance and attendance. In the blockchain ledger, one can notice a time-stamped and tamper-proof record of faculty performance. This includes attendance, student evaluations, number of students opting for their electives, research output, publications, etc. Furthermore, any records can be easily linked to a system to provide greater accountability for the faculty.
The NEP-2020 will have multidisciplinary education so students can choose their combination of major and minor subjects. There will also be flexibility in course duration. Blockchain will offer effective management and implementation of this multidisciplinary education. In addition, it will support the multiple-entry and-exit structure.
Even the students will be assured of the quality of teachers and educators. Educators can display their certified Skill Badges. Students can opt for courses in a disciplined and informed manner. Blockchain will support the faculty in identifying the right students for projects through skill badges.
A blockchain-based ecosystem will facilitate managing the scholarship system appropriately. It will incentivise students to maintain consistency and achieve excellence in academics.
Decentralisation is the main principle of Blockchain which implies that the control is not in the hands of a central agency. A distributed network of nodes handles the system, which keeps the data safe. It comes with a time stamp.
Maintaining records and database
Blockchain technology has simplified the tedious task of maintaining the records of students through the use of digital technology. Students can access their records remotely, and as per many universities, blockchain technology can simplify the verification process.
The amount of paperwork and documentation done previously has lessened, and everything now is just a few clicks away. In the case of transfer of students, sharing information with employers or issuing degrees is no longer cumbersome.
Supports curriculum and grading
The teachers can set lessons and courses into a blockchain and program the tasks. The algorithm helps verify the completion of each task and provides students with the next one. The algorithm considers questions, answers, and scoring parameters to provide the best outcomes.
Lowering costs for processes
Blockchain technology provides affordable paths to learning. There will be less manual intervention and less need to hire more staff for processes and execution. In academics, it will reduce the load of paperwork and make the process more affordable.
There can be many challenges in using blockchain technology, and security is one of the primary challenges of using blockchain technology. However, there is a lesser possibility of changing the student records for legitimate purposes. Students can be at peace and need not bother about their assignments. They can easily buy Accounting Assignment Help online and take help from experts available round the clock.
The education system will see many developments as the blockchain technology will ease the many tasks providing needed support.
The educationist can expect a limitation with scaling the system beyond a certain level. One should note that each transaction requires peer-to-peer verification.
The efficiency of the education ecosystem has improved majorly by adopting blockchain technology. It has enhanced and optimised the available resources and usher in an educational system better equipped to handle higher enrolment and also offers a lot of security and transparency creativity and makes the education system future-ready.
Henry Tesfaye is a professor at the University of California and a part of Allessaywriter. Henry is a sports enthusiast and actively plays badminton apart from supporting students’ educational needs. In his free time, Henry likes to travel to the hills and explore the different facets of nature.