(EUROPE)

Blockchain can provide a boost to the education sector in Europe, according to a new report.

The paper produced by the Joint Research Centre, the European Commission’s science and knowledge service, explains how it could make improvements – ‘from ushering in paperless degrees and certificates to tracking citations and protecting intellectual property’.

“Simply put, blockchain is a distributed ledger that provides a way for information to be recorded and shared by a community.”

And it makes a raft of recommendations to European Union leaders, advocating for the establishment of ‘innovation pipelines’ to pinpoint ways blockchain technology can be used in education and for the formation of an ‘expert committee’ to keep policymakers up to speed with the latest innovations.

 

“Blockchain technology is a growing area of interest for many industries and universities in Europe and beyond. As a relatively recent innovation in computer science, blockchain is a global, cross-industry and disruptive technology which is forecast to fuel the growth of the global economy for the next several decades,” the report states.

 

Education is just the latest area to look at capitalising on a technology labelled the gatekeeper in the emerging trust economy. It is already being applied across a range of sectors: to enhance food safety, tackle climate change, improve banking processes and help refugees buy food.

 

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