BLOCKCHAIN FOR EDUCATION
Blockchain also known as distributed ledger technology has a tremendous buzz in the financial world, it is the technology behind so many changes impacting every business niche. But how applicable is it for education? According to a report from a European joint research centre in 2017 the centralized model of present-day learning is no longer sustainbable, indeed blockchain technology allows a total disintermediation and disaggregation of education. Blockchain technology may hold the answer to securely and verifiably collating the outcomes of this new distributed learning reality. On this modern days we can learn anywhere.
Here are some ways how blockchain can transform our education system.
IDENTITY AND STUDENT RECORDS
Blockchain can improve how we identify the students, protect their privacy and record their credentials and keep this record secure. Blockchain can be used to issue unique digital assets that verify credentials of academic degrees and certifications. This would make it easier for potential employers to verify the degrees and save valuable time and money. Students gain control and ownership of all their education data, including accreditation and portfolios of work, in a secure place that is accessible to anyone who needs to verify it—and for their entire lifetime.
STUDENTS DEBT AND FINANCE
Blockchain could allow students to pay for their education via cryptocurrency, which would eliminate barriers such as restricted access to bank accounts or credit cards depending on country of origin. Providing parents with a way to track and monitor their payments, ensuring payments are sent directly to the university at low-cost fees.
COPYRIGHT AND DIGITAL RIGHTS PROTECTION
Plagiarism is a severe problem in the academic world. Blockchain systems can be used to control the dispersal of copyrighted material across the Internet. Reduced risk from theft, fraud, and counterfeiting. The primary function of the technology is the secure storage of the information recorded in a chain. As such, data within the chain cannot be altered manually since the advanced encryption measures protect it.
INTRODUCING UNIFINITY.IO
Unifinity are focused on providing technical support and services to educational institutions to support academic and administrative processes through smart contracts which make it easier to sort the data, tracking, monitoring activities and attendance of the students.
This is all being done by utilizing Tokens as a form of virtual fingerprint and tamper proof time-stamp, and providing incentives and rewards to every student on the application.
Unifinity will enable users as parents, students, and management to full and convenient access to all relevant data, a dynamic interface, connecting all blockchain innovation partners and processes by providing the necessary infrastructure and a set of integrated tools. It will empower universities to manage blockchain features and applications at a fraction of the current cost and time. The UNIFINITY concept is to create the First Decentralized Application that will support all the universities by providing them accessibility and technology utilizing blockchain technology. UNIFINITY’s aim is to create the first decentralized application that enables universities and schools of any size to rapidly implement the use of blockchain technology and smart contracts for various application needs. Unifinity believe that blockchain technology can be used as a powerful tool to improve current education and learning management systems.
THE UNIFINITY DAPP
A decentralised application (dApp) is an application that runs on a decentralised network and uses its resources. The standard features of a dApp includes no central point of failure, open source code, decentralised consensus mechanism, and usage of internal currency. A dApp is not the synonym of the blockchain, it all started with peer-to-peer networks. But the blockchain technology empowers dApps to create a sustainable economic system and offers state-of-the-art consensus mechanisms proven by many adopters. Let’s have an overview of the history of dApps and review the most popular platforms for dApp creation.
Blockchain technology can be used as a powerful tool to improve the current education system and learning management system. The UNIFINITY DAPP will enable users; such as parents,students and university management to have full and simple insightand control of all related data. UNIFINITY has created the Dapp as a dynamic interface, connecting all blockchain innovation partners and processes, thus enabling the infrastructure with integrated tools. Ultimately universities will be empowered to manage the blockchain features and applications at afraction of the cost and in the most optimal time frame.
UNIFINITY recognizes that technology is at the core of our daily lives and work, thus leveraging technology to provide engaging and powerful learning experiences to the students.
Resources and assessments measure student achievements which also reward students every
time they add certain skills or knowledge gained on courses within the UNIFINITY platform, thus a revolutionary transformation focusing on supporting the education system by providing parents a way to track and monitor their payments. Ensuring payments are sent directly to the university at low cost fees,providing ability to monitor student performance
and attendance.Using Tokens deployed on a Smart Contract that will serve as an immutable digital timestamp using Blockchain.
UNIFINITY PARTNERSHIP
UNIFINITY AND DASH NEXT
Dash is a real money in every sense of the word and more besides. It is real money inthat it holds monetory value and can be exchanged for goods and services. Moreover, it’s very design creates a democratic system of commerce that is faster more efficient mode of payment than many of outdated legacy system of commerce that is a faster more efficient mode of payment than many of the outdated legacy systems that are still in use today. Dash has gained popularity because it offers better privacy and higher transaction speeds that bitcoin. It can achieve this with the help of a uniquie model that involves “masternodes”. Unifinity is working and collaborating with education providers such as Local/Private institutions, Universities, Colleges, Training facilities that offer educational courses. Blockchain, AI, Big Data courses will also be introduced with the partnership. Dash will be accepted as payment in the courses, payment for the university and other future products that will be introduced in the Unifinity platform which will be added in the application in the next coming weeks.
NEXTID
NextID traveled to Manila last October 11, 2019 to issue blockchain certificates for the very first time to worthy winners of the Robolution 2019. Robotics and Automation contests. High school teams put their heart and soul into the programming and competitive building of anything from SumoBots to MicroMice. Singapore’s NextID in close partnership with Unifinity.io, the Philippines most innovative education platform, issued commemorative blockchain certificates to all the winners of the Robolution 2019 contest. With the kind support of Dean of University of Makati, and in association with ERovoutika the organizer of the event, NextID showed just how impactful blockchain certificates can be for students in the Philippines to own verifiable credentials, as well as keep on permanent record some exciting memories that will last a lifetime. During the conference sessions, the blockchain itself was hailed as a powerful new technology that could help boost both the education and the careers of millions of students across the country, and through the Ynifinity platform, the cost of education could be made more bearable and with a minimal processing fees. NextID outlined the need for tamper-proof, fake proof and provable educational credentials that students and graduate with immediately, be proud to share(simply by using their mobile phone) or provide to employers through a QR – code scannable digital printed certificate. As of October 1st, both International Christian Colleges and Unifinity.io have become NextID’s official partner here in the Philippines, and first Certification has been issued in the University of Makati. NextID Director Colin Miles gave a keynote address centering upon the growing importance of verifiable credentials being anchored on the blockchain. This is especially important for all future graduates in the country, who will need to hold provably genuine certificates in order to gain future employment.
He explained to the audience, “Students in the Philippines can be immediately recognized with certificates and diplomas that are verifiable, tamper-proof and fake-proof.”
Adding “We look forward to partnering with Unifinity.io to spread awareness of this global movement and enlist all Institutes of Higher Learning to help benefit their graduates by issuing blockchain certificates they can be proud of, make them instantly employable both at home and internationally, and that can last forever.”
Veronica Andrino, founder of Unifinity.io said: “We have identified NextID as a key industry partner, thanks to their clear product differentiation and proven, globally supported blockchain technology — with this tech, we can professionally service our large scale institutional certification requirements, in the magnitude of hundreds of thousands of certificates.”
Engr. Bhai Nhuraisha I. Deplomo who is CEO and President, ERovoutika International and the primary event organizer, reflected on a truly outstanding and innovative conference; she wished all contest participants & winners to study hard and focus on building exciting technology-driven careers in the years ahead.
FIRST BULLION HOLDINGS
First Bullion is a reputable Asia-focused investment hub, and its investment portfolio includes licensed banks, lending companies, remittance companies and crypto businesses.
and the majority stake of a rural bank named De La O Rural Bank, Inc. and was also granted a CEZA Offshore Virtual Currency Exchange (OVCE) principal license.
Since Early 2019 Veronica Andrino and First Bullion holdings CEO Mr. Tam had been in discussion on providing solutions to SME's in Asia on banking the unbank and utilizing Blockchain Technology and they were the first to know the plan to launch unifinity as the First DAPP that is focused on Education system enhancement. They both believe and share the same vision on providing quality services especially to the Filipino Citizens.
With this partnership both parties will continuously enhance and improve their services for the People of the Philippines and Asia.
STEM ROBOTICS
STEM Robotics Academy International is now a proud partner of unifinity.io.
STEM Solutions is a robotic training and research center with an idea to open doorway into the world of robotics. A strong foundation requires an inspiration well organized and proper guidance at the grass root level. STEM Solutions focuses on Robotics training and product development as well as industrial automation.
Unifinity is a Tech Innovator and Startup company based in the Philippines, managed by well experienced Team in the Blockchain industry.
While STEM Robotics Academy International offers Robotics training program , Big Data Analytics, Artificial Intelligence to children between 6‐22 years. They also provide Robots to learning centers powered by AI Technology.
STEM Robotics Academy Fully supports Unifinity by providing them the knowledge on Artificial Intelligence, Research, IoT devices and Application Audit to further enhance the education application development.
Blockchain can improve the educational system in many ways. The technology is perfect for secure information storage, sharing, and networking. With the help of this advanced system, many transaction can become faster, easier, and safer. It fills the gap in credentialing, copyright protection, and efficient communication. And it's very essential that we need to reform our educational system for a better future.
Supportive links/Source:
Unifinity and Dash partnership:
Unifinity partnership with NextID:
Partnership with First Bullion Holdings:
Partnership with STEM Robotics:
PARTNERS:
First Bullion Holdings
Dash Next
Blockchain Council
Gravitas International
BRB Digital bank
DLO-RB
EST-CAP
Cryptosx.io
SOCIAL MEDIA LINKS
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