The technology could help India’s education sector develop capacity in many areas, especially those working in the sector.
The digital transformation of education systems has been underway for quite some time. The COVID-19 pandemic has accelerated the pace at which digitization impacts all aspects of the sector. From students using digital platforms for studying, to remote testing and assessment processes in schools, colleges and universities, to clearing doubts with chatbots, to preparing for competitive exams. Digital tools are now deeply pervasive. The recently announced National Education Policy 2020 (NEP) could take the education sector’s digital impetus to a new level with universal access as one of its key principles. In particular, the application of new technologies such as AI, ML, AR/VR, blockchain, and big data is also increasing. For example, last year graduating IITians were awarded their degrees in a blockchain-based digital format.
many use cases
Managing educational services covers more than just issuing certificates and diplomas to students. This includes a complete record of the student onboarding process, including the creation of each student’s her ID number, which is used to create access to various services and opportunities. Similarly, the institution also creates identifiers for its members of staff so that they can be tracked through various administrative application modules such as human resources, payroll, and professional development. Addressing the topic of digitizing processes requires a holistic approach.
Hybrid learning is playing a central role in the post-Covid world. Institutions are now increasingly adopting hybrid learning to improve student access and expand reach. Even though life has returned to normal, access to quality education is still far in remote parts of the country. Blockchain technology can be effectively leveraged to overcome this challenge. . Because blockchain technology creates digitally verifiable credentials that are essential for all forms of digital education. Similar applications can be followed in the education sector, like cryptocurrencies where blockchain creates an identifiable ledger. For example, students can utilize blockchain technology to issue credentials using short, easy-to-remember identifiers. These identifiers can store individual student learning progress, requirements, and assignments. A student’s profile therefore becomes an active digital resume that helps them design a specific glide path as they progress academically. Such digital identifiers provide lifelong proof of a student’s credentials.
Verifiable credentials also allow employers, educational institutions, and other organizations to verify student authenticity in a reliable and standardized manner. Many states in India have seen cheating of candidates in getting jobs by providing false certificates regarding education, reservations and other things. Blockchain-powered credentials are tamper-proof, reducing the likelihood of such fraud. Another important outcome of having digitally verifiable credentials is increased safety and security of sensitive student and staff information. According to Check Point Research, India’s education sector will witness her second highest number of cyberattacks in 2022, after healthcare. By leveraging digital technologies such as blockchain, sensitive information can be protected from cyberattacks. It also helps the sector comply with data governance and audit regulations.
Blockchain technology could help India’s education sector develop capacity in many areas, especially those working in the sector. Admins can review, manage, and build their skill-up path and recognize achievements with the inclusion of portable certificates, badges, and micro-credentials that can be received, stored, and redeemed in a digital wallet. Given the upskilling requirements, such digital wallets created through blockchain technology could be a game-changer in improving the overall quality of education. We implement a variety of software that facilitates collaborative collaboration. This new-age software comes with file sharing, video conferencing, chat capabilities, and more. Having a ready-to-use registry of information created through blockchain can greatly improve operational efficiency.
Despite these obvious benefits, the Indian education sector is still unprepared when it comes to leveraging digital technologies. The main challenges include poorly equipped educational institutions, low-cost infrastructure, and lack of adequate budgets to create proper IT systems. The education sector also faces a serious shortage of skilled technical talent. Against this backdrop, educational institutions, both public and private, need to invest more in technology to make learning systems more effective.
Globally, the potential for the use of blockchain technology in the education sector is enormous.According to market research firm Business Research Insights, the market size of blockchain in the education sector is expected to grow from around $120 million in 2021. It could reach $1 billion by 2028. A technology partner to ensure quality education for students.
