A new report from the American Council on Education (ACE) outlines the outcomes and best practices that have emerged from the Education Blockchain Initiative, which was funded by the U.S. Department of Education and included the Blockchain Innovation Challenge. Blockchain is a technology best known as the underpinning of the first cryptocurrency, Bitcoin. It is a type of shared, distributed ledger technology that uses an agreed upon and encrypted process. The $900,000 competition sought bold ideas to reorient education and employment around learners and ultimately funded four projects that explored how blockchain technology can empower learners with more control over their educational records and create more equitable opportunities for economic advancement.
https://www.ecampusnews.com/2022/02/22/the-next-evolution-of-blockchain-in-higher-ed/
