Will Blockchains Revolutionize Education?
Although most ideas for using blockchains in education are overhyped, carefully designed distributed ledgers show promise.
Blockchains, first introduced by Satoshi Nakamoto for use in bitcoin, are now being used across many industries. At their core, blockchains are trustworthy, distributed digital ledgers. Unlike databases maintained by a centralized authority that guarantees data integrity through its proven trustworthiness and practices, blockchains are records of transactions that are replicated across many systems (or nodes) and are cryptographically guaranteed to be immutable.
