Research Brief: The Blockchain – A Review of the Opportunities for Higher Ed
What the blockchain does is get rid of the notion that institutions operate as siloed entities, involving them instead as part of a larger system of data transactions. An exclusive report for our members by Alicia Miranda, Senior Research Analyst, Academic Impressions On average, college students will now attend three or more institutions before receiving a degree. Yet the current system for storing student data is designed and operates on the assumption that students will stay at one place for four years, that they will learn all the qualifications they hope to present as potential future job candidate from that one institution, and that this institution will always be in existence. There are several flaws in that assumption: All three of these circumstances can make it quite difficult for a student to gather their own data when they need it. The current model of higher education is both resilient and persistent; many of the same structures have endured since the middle ages. But as we move through the digital revolution, existing systems are proving inadequate to meet students’ (and others’) needs. Current data sharing causes friction because of the need of an intermediary (in this case, a higher-ed institution). It […]