Vietnam's Ministry of Education and Training, or MOET, is planning to implement blockchain technology for issuing diplomas in 2021.
According to a Nov. 18 announcement, the ministry has partnered with Singapore-based startup TomoChain to put national student certifications on TomoChain's proprietary blockchain platform.
As part of the "National Qualifications Archive" project, the MOET plans to issue all types of diplomas granted by its high school and higher education training units on the blockchain.
The new system will reportedly come into effect during the school year ending in 2021.
According to the announcement, Vietnam's new blockchain-based certification system is designed to enable transparent and immutable verification of student qualifications.
"Diploma and certificate management is an issue that needs to be resolved by technology, which is significant for the whole of society and also cost-efficient for the diploma management system in particular, and education in general."
"It is also the first time that the Vietnamese government is working with any blockchain business," Chaturvedi noted.
A number of educational ministries and schools around the world have announced plans to issue diplomas on blockchain.
In March 2020, the Ministry of Education of Brazil proposed to issue blockchain-based certificates by non-state universities to prevent fraud.
That same month, two Italian high schools announced plans to issue diplomas on the Ethereum blockchain.
Vietnam's ministry of education to record certifications on blockchain
Published on Nov 18, 2020
by Cointele | Published on Coinage
Coinage
Recent News
View All
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.