University using blockchain to issue degrees
ECPI University has begun using blockchain to issue degrees digitally.
The Virginia Beach-based school said, with the change, its graduates would not need to contact the registrar’s office to have a verifiable degree sent to a prospective employer.
ECPI said blockchain technology provides secure, immediate verification, allowing students to control and distribute their official records.
Next year, ECPI plans to use blockchain to issue digital transcripts as well.
First used for cryptocurrency, blockchain manages information in small units called blocks, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.
ECPI said these digital credentials could dramatically reduce false claims on resumes because employers will be able to instantly substantiate a person’s educational background.
ECPI has campuses in Virginia, North Carolina, South Carolina, Florida and Texas.