How Blockchain Technology can be implemented in Educational Institutions?
Blockchain revolution is in full swing and over the course of time period, the searches for this keyword has increased by 250%. Top MNCs are discussing about it and calling meetings to add blockchain to their company but what this hype is all about and how blockchain will benefit the business? This begs a question, what is blockchain ? The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. The blockchain database isn’t stored in any single location, meaning the records it keeps are truly public and easily verifiable. No centralized version of this information exists for a hacker to corrupt. Hosted by millions of computers simultaneously, its data is accessible to anyone on the internet. Shared Documents Analogy in Blockchain! As per William Mougayar, Venture advisor, 4x entrepreneur, marketer, strategist and blockchain specialist, “The tradi...