Techno-News Blog

June 20, 2018

Imagining A Blockchain University

Filed under: Uncategorized — admin @ 12:25 am

by Tom Vander Ark , Forbes
A couple of Oxford faculty imagine a different kind of university, one that is distributed and democratic. Joshua Broggi, Faculty of Philosophy, is the founder of Woolf Development, a platform startup that aims to leverage distributed ledger technology to remove higher education intermediaries, support decentralized governance structures and ensure the security of data. Blockchain, and other distributed ledger technologies (DLT) can address several other problems. First, a distributed ledger eliminates the risk that individuals claim a degree from an institution they did not graduate from. DLT also addresses the risk that an individual earned a credential from an institution that goes out of business. A third benefit of a DLT could be the efficiency of accumulating credits from multiple providers over time. A final benefit is cost savings from automating a number of administrative procedures and reducing overhead.

https://www.forbes.com/sites/tomvanderark/2018/06/13/woolf-building-the-first-blockchain-university/#615810d15ae5

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