Blockchain has been hailed as an emerging technology with the potential to revolutionise industry practices. While many are familiar with blockchain in the context of cryptocurrencies, it’s important to delve deeper into the cryptographic techniques applied and understand its broader benefits to business operations.
The education industry, like any other sector, can leverage the transparency and traceability offered by blockchain, thanks to its foundation in distributed ledger technology (DLT). By enabling transactions and data storage in multiple locations, blockchain allows authorised personnel and leaders to access the same information simultaneously.