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U.S. government funds Education Blockchain Initiative for credentials

graduates education credentials
Last week the American Council for Education said it received funding from the U.S. Department of Education to explore blockchain in education. Specifically, it will explore how to use credentials to share data amongst educational institutions and with employers, but at the same time giving learners control over their data. “This work is about exploring the potential of blockchain technology to give learners greater control over their educational records,” said Ted Mitchell, president of ACE. “It’s about enabling more seamless transitions between and across K-12, higher education, and the workforce.” The government department says the Education Blockchain Initiative is part of longstanding efforts to give students control over their educational records. It also sees a role for blockchain for certifying corporate training achievements, which attracts $87 billion in annual spending. There are 738,000 unique credentials offered in the United States.

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