From the midnight of the independence to the dawn of the millennium, India is all about leveling up her game in the world. With demonetisation and GST implemented on the Indian Economy, came the restriction of using bitcoins and cryptocurrencies as the legal tender. The Indian government strongly eliminated any possibilities of using bitcoins or any other cryptocurrency. Reserve Bank of India has asked all the banks to close relationship with the individuals or entities dealing in cryptocurrencies.

With all of the above impediments, the broad usage of Blockchain can never be denied. Over the world, its usage is being tallied upon, and India is nowhere behind. Ever since the “Digital India” concept came into being, the government of India has been implementing new ways to make digital India a better India. Blockchain has disruptive capabilities to make it better, especially in the educational department.

The blockchain is evolving in the education sector where degrees or results can be stored as digital assets on the blockchain.

1. Smart study

In urban societies, a majority of schools have undertaken Smart study for the improvement of the education among the students. Now the Indian government, with the help of blockchain, can further do this in the rural areas also without any difficulties. This will help to give quick and easy access to basic education and maintain the quality of the students hailing from rural areas or urban sectors. Transparent execution of the teaching courses, lessons, assignments, fees, and other departments would lead to the immediate ceasing of malpractices existing in our education system.

2. Academic Credentials

If all the academic and other official achievements such as educational qualifications, degrees, certificates or awards are digitized then Government requirements such as Visa application, immigration papers, employer application and what not can be easily accessible. With a “blockchain educational certificate bank” having a track record of every degree achieved successfully by every student in the country, there would be less physical labour in verifying the authentication of those certificates. Verification of any academic certificate takes a lot of time and energy, let alone the humongous manual labour required to achieve its originality. With blockchain, there could be a total eradication of any bonus achievements or degrees gained via malpractices. Therefore, if opted for virtual certificates worldwide, then there would be minimal if at all, tampering of the government documents. This would lead to a smooth application for any job or further studies.

Thanks to the advancements in blockchain technology, we can surely expect the next level of globalized education programs in the coming years. The transparent nature of systems ensures the students, and thereby everyone, to gain confidence to make good use of their achievements over time. If these few educational blockchain uses are implemented soon, we would find the digitization of every aspect of India making a good impact on the country, and also the world at large.