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From Centralisation to Empowerment: The Blockchain Revolution in UK Further Education

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In the UK, the further education (FE) sector is under the stewardship of various awarding bodies. These entities are crucial, as they govern qualifications and oversee assessments, ensuring that educational standards are uniformly maintained. This centralised system of control guarantees a level of consistency and quality across educational institutions. However, as with all centralised control systems which are like a juggernaut to turn, it also introduces certain rigidity into the system, making it less responsive to the rapidly changing skills landscape and the emerging needs of employers. Furthermore, the administrative processes involved in verifying achievements can often be cumbersome and time-consuming.

Potential for Disruption through Blockchain Technology
Blockchain technology presents a compelling alternative to this traditional system. Its characteristics of decentralisation, security, and immutability make it an ideal platform for managing educational records and credentials more flexibly and efficiently. This technology can facilitate the recognition of micro-credentials from various providers, empowering learners to take greater ownership of their educational journeys. Additionally, blockchain can streamline the verification process, significantly reducing bureaucracy and increasing the efficiency of recognising achievements.

Understanding Blockchain Technology
Although much of the blockchain technology is relatively new, it has been in existence conceptually since at least 1991, with a practical example being launched in 2009 – the original gangster, Bitcoin. It is probably useful here to explain in layman’s terms what is meant by blockchain.

Blockchain is a type of digital record-keeping system where information is stored in linked “blocks” that form a chain. The crucial part: copies of this chain are held by many different computers, making it nearly impossible to alter the information without everyone noticing. So, if information in one block is changed by one person on one computer, it automatically changes every other version of that block across the chain (there are no ‘versions’ but I hope you get what I am saying!)

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Think of blockchain like a shared Google Doc with some important differences:

Everyone has a copy. Everyone connected to the blockchain network holds a completely identical copy of the document.
It’s constantly growing. As new information is added, a new section (“block”) gets added to the document.
It’s tamper-proof. If someone tries to edit a previous section of the document, everyone else on the network will immediately know because the whole chain of linked sections would be disrupted.

Key Blockchain Terms
Terms that will be heard in this blockchain world could include:

Blockchain: A shared, digital ledger that records transactions across a network of computers in a way that is secure, transparent, and tamper-proof.
Ledger: A ledger is simply a record of transactions. Think of it like an accounting book where every financial transaction or change in ownership of an asset is documented.
Block: A digital container that stores information about transactions. Each block is linked to the one before and after it, forming a chain.
Decentralised: There’s no single authority controlling the information. Everyone on the network has a copy and agrees on the validity of the data. This is a sticking point for most big organisations who have held control of information up until now.
Cryptography: This is like using secret codes to protect information on the blockchain. It makes sure that past records cannot be changed and helps verify that transactions are coming from the right people (it encrypts it).
Encryption: When information is scrambled on the blockchain like a secret code. To read the information, you need a special key to unscramble it.
Immutability: Once something is recorded on the blockchain, it cannot be changed or deleted. This is like writing something in permanent ink – it creates a record that everyone can trust.
Cryptographic Hash: A unique mathematical code generated from the data in a block. Any change to the data would result in a completely different hash code, exposing the tampering.
Smart Contract: A self-executing program stored on the blockchain that automatically triggers actions based on predefined conditions.
Verifiable Credentials: Digital records of a learner’s achievements or qualifications stored on a blockchain. They are secure, tamper-proof, and can be easily verified by potential employers or educational institutions.

Blockchain in Education: Global Examples
There are several examples of blockchains in education (albeit primarily outside the UK) as well as countless use cases from outside of the sector in finance, healthcare, energy and security services. Before we look at how this might work in the UK, let’s look at a couple of education examples from around the world.

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1.Holberton School, USA, offers software engineering programmes using blockchain to track learner progress and create alternative credentials outside of traditional degrees. They use smart contracts and project-based assessments rather than time-based credits.
2.Learning Machine, a global company, issues blockchain-based verifiable credentials, also known as Blockcerts. They’ve worked with institutions like MIT on digital diplomas since 2017.
3.The University of Nicosia in Cyprus was one of the first universities to accept Bitcoin payments and issue academic certificates on the blockchain, providing tamper-proof records for their graduates. They have been delivering courses on blockchain since 2013 and offer their certifications in this decentralised fashion.

The Road to Change in the UK: Applying Dannemiller’s Formula
To move a behemoth like FE qualifications into a decentralised blockchain model will be no mean feat, and it certainly won’t be without its challenges as a monumental change. I have written extensively elsewhere about Dannemiller’s Formula for Change but I think a simple application of this formula may be useful.

C = D + V + F > R

The formula essentially says:
For change to happen, there must be must be a dissatisfaction with the status quo + a vision of what is possible + your concrete first steps towards change and these three things must be GREATER THAN the resistance to the change. That does not mean you don’t have resistance; it means the dissatisfaction, vision and first steps are more compelling than the resistance.

Dissatisfaction with the Current System
The current centralised system, while providing stability and consistency, also introduces limitations that could lead to dissatisfaction among students, educators, and employers. These stakeholders might feel constrained by the rigidity of qualification structures and the slow pace at which the system responds to new skills demands. There is a healthy disquiet about the power that is wielded by assessment organisations, the money that they demand and the outdated models and processes they employ.

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Envisioning a Blockchain-Enabled Future
A decentralised, learner-centric educational ecosystem, enabled by blockchain, offers a visionary alternative. Such a system would not only address the current dissatisfactions but also provide a more agile and responsive framework for credentialing. This vision encompasses a future where learners can accumulate and easily share verifiable microcredentials from diverse providers, facilitating lifelong learning and career development in a way that aligns with future workforce needs.

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Initial Steps and Addressing Resistance
To move towards this vision, the FE sector could initiate blockchain-based pilot projects. These projects would focus on issuing and managing microcredentials, providing a tangible demonstration of blockchain’s potential benefits. These initial steps need to be carefully designed to ensure they complement, rather than directly challenge, the existing qualifications framework, thereby minimising resistance.

Addressing potential resistance from awarding bodies and other stakeholders is crucial. It’s important to recognise the current value and importance of these bodies while also advocating for a gradual integration of blockchain technology. The aim may be to enhance, rather than replace, the existing system, by offering additional pathways for learners and more efficient mechanisms for credential verification.

Blockchain’s Role in Democratising Education
Blockchain technology, by its very nature, is poised to democratise the educational landscape. This would mean a significant shift from the traditional, centralised authority of awarding bodies to a more distributed and learner-centric model. This technology offers an immutable, secure, and transparent mechanism for recording and sharing educational achievements. Such a system not only benefits learners by providing them with more control over their educational records but also offers employers a more reliable method of verifying potential employees’ qualifications. No longer will an employer require someone to produce their Maths and English certificates from a bygone era, where letters replaced numbers that replaced letters, and they don’t know their IB from their AS. Not only that, this raises all manner of questions about the validity of a GCSE from 20+ years ago and its relevance for a job role in 2024 and beyond (but that is beyond the scope of this article!)

The concept of microcredentials, facilitated by blockchain, introduces a modular approach to education, allowing for the accumulation of smaller, stackable qualifications. This approach aligns well with the needs of a rapidly changing job market, where lifelong learning and continuous professional development are becoming necessities. For the UK, embracing microcredentials on a blockchain could greatly enhance the flexibility of the FE sector, enabling it to quickly adapt to emerging skills and industry demands. What might it look like if a twelve-week diploma programme were blockchain-accredited, added to a learner’s digital portfolio and publicly visible to a potential employer?

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Challenges and Considerations
However, the path towards integrating blockchain within the FE sector is not without its challenges. Key among these is the digital divide, which could potentially exacerbate educational inequalities if not addressed. Ensuring that all learners have equal access to the technology necessary to participate in this new educational model is crucial. Furthermore, there’s the challenge of ensuring that educators and institutions are adequately prepared and trained to operate within this new framework.

For blockchain’s potential to be fully realised in the UK’s FE sector, supportive policy and regulatory frameworks are essential. The government, along with educational authorities, needs to develop clear guidelines and standards for the use of blockchain in education. This includes addressing concerns related to privacy, data protection, and the recognition of blockchain-based credentials both nationally and internationally.

The global nature of blockchain technology suggests that the UK’s approach to integrating it within the FE sector should not be insular. Engaging in international collaboration to establish common standards and interoperability for blockchain-based educational credentials can enhance their global recognition and mobility. This could be particularly beneficial for students seeking employment or further education opportunities abroad.

Conclusion: Looking Towards the Future
Envisioning the future of the UK’s FE sector with blockchain integration brings forth a landscape where education is more personalised, flexible, and responsive to the needs of learners and the economy. In this future, learners navigate their educational journeys with a digital wallet of credentials, seamlessly transitioning between roles, careers, and learning opportunities. Institutions become more agile, capable of offering a wider array of qualifications that are directly aligned with current industry needs.

The journey towards this though represents a profound shift in how education and qualifications are approached. It promises a future where learning is more accessible, verifiable, and tailored to the needs of individuals and the broader economy. While challenges remain, particularly in terms of policy, infrastructure, and acceptance, the potential benefits in terms of increased efficiency, transparency, and empowerment for learners make it a path worth exploring.

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This initial exploration, grounded in both the visionary potential and pragmatic considerations of blockchain in education, sketches a roadmap for a transition that is as much about technological integration as it is about cultural and systemic change. For the UK’s FE sector, it is a call to not just envision but actively shape a future that leverages blockchain technology to create a more inclusive, responsive, and learner-centred educational ecosystem. And that’s what really matters.

Source: fenews.co.uk

The post From Centralisation to Empowerment: The Blockchain Revolution in UK Further Education appeared first on HIPTHER Alerts.

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Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group)

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Blockchain technology and cryptocurrency continue to redefine industries worldwide, driving innovation and creating new opportunities. In today’s edition of “Blocks & Headlines,” we explore major developments across the blockchain space, highlighting new projects, partnerships, and emerging trends.


Blockchain as a Catalyst for Innovation

The blockchain industry’s transformative potential was the focus of a recent report detailing how decentralized technologies are driving innovation in finance, healthcare, and supply chain management. Blockchain’s transparency and immutability are key factors enabling its adoption across diverse sectors.

In particular, the report noted the technology’s ability to enhance trust and efficiency in processes, reducing costs while improving security.

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Analysis: Blockchain’s role as a catalyst for innovation is becoming more evident as industries beyond finance embrace its capabilities. The growing interest underscores the need for continued research and development to unlock its full potential.

Source: Cape Gazette


EVIANCX Enhances Cryptocurrency Usage in Latin America

EVIANCX, a leading blockchain platform, has announced new initiatives aimed at increasing cryptocurrency adoption in Latin America. The company is rolling out solutions to address challenges such as accessibility and education, targeting both businesses and individual users.

By simplifying blockchain technology and expanding infrastructure, EVIANCX seeks to empower communities and drive financial inclusion across the region.

Analysis: Latin America’s growing interest in cryptocurrency is fueled by its potential to address issues such as inflation and limited access to traditional banking services. EVIANCX’s initiatives could significantly enhance the region’s blockchain ecosystem.

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Source: GlobeNewswire


Abstract: A Consumer Blockchain for the Masses

The launch of Abstract, a highly anticipated consumer-focused blockchain, marks a significant step toward making cryptocurrency more accessible. Abstract aims to simplify blockchain use cases, offering tools and applications designed for everyday users.

By prioritizing user experience and scalability, Abstract is positioning itself as a gateway for mainstream adoption of blockchain technology.

Analysis: Abstract’s approach to consumer-centric blockchain solutions highlights the industry’s shift toward usability and mass appeal. Simplifying complex systems is crucial for bridging the gap between blockchain enthusiasts and the general public.

Source: PR Newswire

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Venice Launches VVV Token to Bridge Blockchain and AI

Venice, a pioneering blockchain project, has unveiled the VVV Token, designed to integrate blockchain with artificial intelligence. The token facilitates data exchange between AI systems and decentralized networks, promising advancements in predictive analytics, automation, and decision-making.

The initiative also includes partnerships with tech companies focused on AI and machine learning, ensuring robust support for the token’s ecosystem.

Analysis: Venice’s innovative fusion of blockchain and AI represents a significant trend in tech convergence. By combining these technologies, the project aims to unlock new possibilities for intelligent, decentralized systems.

Source: CoinSpeaker


KPMG India Partners with Hashgraph Group to Drive Blockchain Adoption

KPMG in India has teamed up with the Hashgraph Group to promote enterprise adoption of Hedera’s distributed ledger technology (DLT). The partnership will focus on delivering blockchain solutions tailored to industries such as finance, healthcare, and supply chain management.

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This collaboration aims to leverage Hedera’s high-performance DLT to address scalability and efficiency challenges faced by enterprises.

Analysis: Partnerships like this highlight the growing interest in enterprise-grade blockchain solutions. By collaborating with established firms, blockchain projects can accelerate adoption and address real-world business needs.

Source: PR Newswire


Key Trends and Insights

  1. Consumer-Centric Blockchain: The launch of Abstract underscores the importance of user-friendly solutions in driving mainstream adoption of blockchain technology.
  2. Blockchain-AI Convergence: Projects like Venice’s VVV Token highlight the potential of integrating blockchain with artificial intelligence to create smarter, more efficient systems.
  3. Regional Focus: EVIANCX’s initiatives in Latin America demonstrate the growing importance of localized blockchain solutions that address specific regional challenges.
  4. Enterprise Collaboration: Partnerships such as KPMG India’s collaboration with Hashgraph Group emphasize the role of established enterprises in accelerating blockchain adoption.
  5. Broader Adoption: Blockchain’s application across industries continues to expand, showcasing its versatility and potential to drive innovation beyond cryptocurrency.

The post Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group) appeared first on News, Events, Advertising Options.

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Bybit Brings Gold and Forex Trading to the Forefront with Exclusive Copy Trading Fiesta

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Bybit Fintech FZE

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Bybit Web3 Launches Telegram Mini Wallet to Simplify Wallet Creation for Web2 Users

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