As a part of a pilot program, graduates of the Frankfurt School courses on blockchain technology would be able to prove their triumphant completion of the course with a certification secured on a blockchain itself.
For the pilot program, FS is functioning with Consensys which is one of the leading software corporations within the blockchain field. Consensys has developed a decentralised app [DApp] for alleged self-sovereign identities, whereby certificates aren’t essentially revealed on a blockchain, however only copied to the computers of various network participants.
The copies are often encrypted in order that the owner of a selected node within the individual network would select a independent basis that which certificates he or she wishes to make visible to other network participants. Thus, the blockchain really makes credentials physically portable for the scholars.
Research Associate and the Head of the pilot program at the FS Blockchain Center ’Veronika Kütt,’ finds the chance to digitally represent certificates as ”fascinating”:
“We do pioneer work here. Our students realize it a privilege to be evolved in new technology at an early stage. it is a bit just like the programming of the primary public websites within the mid-’90s.”
Adding further, the Head of the FS Blockchain Center ‘Professor Philipp Sandner,’ stated that:
“With the blockchain you’ll be able to store personal information, like a CV or an identification card, as in a picture book. With our project we have a tendency to show however simple and comfy that would be for the users. “
This makes the FS the primary education institution in the country to provide its students blockchain-based certificates. The new technology is additionally being employed in Switzerland, at the University of Basel.