The Indian Institute of Technology (IIT) at Kanpur held its 54th convocation ceremony as a physical event earlier this week, and it saw the introduction of blockchain-based digital degrees at the university. Prime Minister Narendra Modi joined the ceremony and issued them to the IIT students.
IIT Kanpur students received digital degrees based on an in-house blockchain-driven technology that has been developed by the IIT-K under the National Blockchain Project in India. Hence, these digital degrees are highly-secured, verifiable globally, and are unforgeable, according to recent reports. Although, it remains to be seen how secure they actually are since blockchain can be prone to security lapses.
Furthermore, the digital degree system also makes managing student record much easier as compared to the conventional physical-copy methods. Plus, students will be able to access their mark sheets, transfer certificates, and other documents remotely, from anywhere. The blockchain system also lowers the cost of keeping and maintaining physical records of students and helps teachers execute particular curriculum in an automatic manner.
