Search Coins

NFT Collection The Superlative Secret Society Price, Stats, and Review

cryptodaily.co.ukin 3 years
-2

Best Crypto Presales: BlockDAG’s Moon-Themed Keynote Teaser Propels Presale Beyond $20.6M, Leading Pushd & DeeStream

www.livebitcoinnews.com5 minutes ago
0

Crypto Market Dominance: Upbit Handles 80% Of South Korean Trading Volume

bitcoinist.com35 minutes ago
0

Top 5 Cryptos in 2024: BlockDAG’s $20.5M Presale Shines Among Bitcoin, Binance Coin, Ripple (XRP) & Solana

Bitcoin Has “Plenty Of Time” Remaining In Bull Cycle, IntoTheBlock Explains Why

bitcoinist.com2 hours ago
0

85% Of Altcoins In “Opportunity Zone,” Santiment Reveals

www.newsbtc.com2 hours ago
0

Cardano in crisis? ADA hit as whales shy away from buying the dip

ambcrypto.com2 hours ago
0

Ethereum Price Faces Crucial Test: Will $3,200 Withstand The Pressure?

www.newsbtc.com2 hours ago
0

Bitcoin Cash Analysis: BCH Turns Red Below $525

www.livebitcoinnews.com2 hours ago
0

Analysts Eyes $10 Pricing for BDAG by 2025 Amid Moon-Shot Keynote, Draws Chainlink Investors & Surpasses MATIC Predictions

www.livebitcoinnews.com2 hours ago
0

Acurast’s Research Suggests Mobile Devices Could Be The Catalyst For Effective DePINs

usethebitcoin.com2 hours ago
0

Farcaster Airdrop Guide (Potential Airdrop)

usethebitcoin.com2 hours ago
0

Will Crypto Go Up in a Recession?

usethebitcoin.com2 hours ago
0

5 Most Common Cryptocurrency Scams 2024

usethebitcoin.com2 hours ago
0

BNB Announces Native Liquid Staking Addition in BSC

Vertex AI Price Forecast: Bitcoin Has 60% Chance Of Hitting $100,000, Key Predictions Unveiled

Bitcoin Accumulating, On Course Of Breaking $74,000 Despite Bear Scare: Analyst

bitcoinist.com3 hours ago
0

Binance Chain sees revenue jump 70%: Will it push BNB higher?

ambcrypto.com3 hours ago
0

Bitcoin Price Turns Red And At Risk of More Downsides Below $63K

www.newsbtc.com3 hours ago
0

Uniswap On Arbitrum Nears $150 Billion In Swap Volume

Ethereum: What $781M outflows in 7 days means for ETH’s prices

ambcrypto.com4 hours ago
0

First Time In 71 Days: BlackRock’s Bitcoin ETF ‘IBIT’ Registers Zero Inflows

bitcoinist.com4 hours ago
0

Ethereum, Solana and Altcoins Approaching ‘Banana Zone,’ According to Macro Guru Raoul Pal – Here’s His Outlook

dailyhodl.com5 hours ago
0

BNB Smart Chain Shines In Q1: Triple-Digit Surges In Key Metrics

Bitcoin ‘volatility to emerge soon:’ Should you believe this key indicator?

ambcrypto.com5 hours ago
0

Singapore Students Receive ‘Tamper-Free’ Digital Certificates On Blockchain

May 4, 2019 8:00 PM +00:00
0

Students at the high-school level and above in Singapore will from this year receive digital certificates upon graduation. The initiative uses blockchain technology to enable an “easy and reliable way” to prove qualifications through tamper-free certification.




Authenticating An Education

The concept is simple enough. Graduating students receive digital certificates via email, each of which has an embedded cryptographic proof. Schools also add the certificates to an individual’s MySkillsFuture account – an online portal charting career and lifelong learning pathways. A copy also resides on the Ethereum-blockchain-based OpenCerts platform.


When applying for jobs or further studies, students send the digital certificate to the employer or school.  Relevant parties can verify the certificate against the copy stored on the blockchain.


Education Minister Ong Ye Kung described the initiative as a “tangible example” of the benefits of Singapore’s Smart Nation journey.


With OpenCerts, we are harnessing the power of blockchain in a practical way. It allows for any education institute to issue OpenCerts, and for anyone to quickly check the validity of a digital certificate.


Cutting Through The Paperwork

This should make the job application and hiring process smoother for both the applicant, employer, and issuing institutions.


Students would no longer have to request certified-true copies of certificates from schools. Patrice Choong of Ngee Ann Polytechnic (NP), said that NP issues around 10,000 of these every year. He added that “issuing and verifying certificates was a ‘productivity issue’ that they wanted to deal with.”


In turn, employers could immediately verify digital diplomas as genuine, without having to approach the issuing institution. Mr. Choong says that NP receives around 2,000 such requests per year.


However, he stressed that students would still receive a physical certificate at a graduation ceremony.


Singapore Has Always Been An Asian Jewel

Singapore has been one of the most positive nations when embracing Bitcoin, cryptocurrency, and blockchain technology. The Central Bank of Singapore developed a blockchain-based settlement system for tokenized assets, and its sovereign wealth fund is a major investor in US-based exchange, Coinbase.


This latest initiative, however, is the first blockchain-based project rolled out at a national level.


Will this use-case prove to be a useful app for blockchain? Share your thoughts below!




Images via Shutterstock


The post Singapore Students Receive ‘Tamper-Free’ Digital Certificates On Blockchain appeared first on Bitcoinist.com.

Share This Article


Get the most out of CoinFi News!

Save coins into your Watchlist and be the first to know about the latest market moving news.