Learning Machine and MIT Media Lab Release Blockchain Technology for Educational Credentials

CAMBRIDGE, Mass., June 7, 2016 /PRNewswire/ — Learning Machine and MIT Media Lab’s Learning Initiative have released the first version of an open-source project that builds an ecosystem for creating, sharing, and verifying blockchain-based educational credentials. These certificates can be collected by individuals and shared directly with anyone who requires official documents. It’s as simple as sending a link. The Bitcoin blockchain is currently being used as the secure anchor of trust to ensure that each certificate is authentic, unchanged, and still valid. Subsequent releases will make it more useful for real-world adoption: certificate versioning, revocation, cohort issuance, cost reduction, and privacy considerations for encrypting documents that contain highly private information, like academic transcripts.Chris Jagers, Co-Founder and CEO of Learning Machine, explained, “The goal of our collaboration with the MIT Media Lab is to empower…


Link to Full Article: Learning Machine and MIT Media Lab Release Blockchain Technology for Educational Credentials