NFTs, Digital Credentials and Blockchain in the Education sector.
Through blockchain technology, non fungible tokens (NFTs) as digital credentials, add credit, recognition and merit to the professional trajectory of students and teachers.
We understand digital credentials or badges as an online, fully verifiable recognition that acknowledges skills, competencies or knowledge that have been acquired. This type of issuance is always backed up with all the information about who issued it, who received it, and the skills and criteria necessary to obtain it.
The blockchain technology avoids the problems of false certificates and guarantees authenticity being verifiable at the moment allowing to have a decentralized database and completely impossible to forge that allows to store all documents, allowing students to access whenever they want to their degrees, diplomas and badges.
Student achievements in the form of transcripts, grades, reports and more should be owned by the student’s educational profile, and with NFTs, this is now possible.
Beyond certificates, student records are also a great use case for leveraging blockchain to ensure the fungibility of information as students move between locations to earn their educational degrees.