Using Bitcoin's blockchain technology, MIT has become one of the first universities to issue recipient-owned virtual academic credentials with their new digital diplomas.
"The pilot resulted from a partnership between the MIT Registrar’s Office and Learning Machine, a Cambridge, Massachusetts-based software development company.
The app is called Blockcerts Wallet, and it enables students to quickly and easily get a verifiable, tamper-proof version of their diploma that they can share with employers, schools, family, and friends. To ensure the security of the diploma, the pilot utilizes the same blockchain technology that powers the digital currency Bitcoin. It also integrates with MIT’s identity provider, Touchstone. And while digital credentials aren’t new — some schools and businesses are already touting their use of them — the MIT pilot is groundbreaking because it gives students autonomy over their own records...[...read more]