South Korea’s Pohang University of Science and Technology (POSTECH) is planning to issue a blockchain-stored diploma for its new graduates.
Amid the coronavirus outbreak, it is no longer safe for students to congregate at a graduation ceremony. Instead of postponing the event, the administration made a decision to give students the option to get their diplomas online.
As per a report, over 800 POSTECH graduates will receive their blockchain-based diplomas on Feb. 7. The diplomas are digitalized, thanks to the blockchain-based certification service “broof”, developed by ICONLOOP.
Meanwhile, other higher education institutions are also experimenting with digital academic credentials. MIT Media Lab, for example, is building a set of tools to store and manage cryptographically signed certificates on the Bitcoin blockchain.
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