Two Italian Institutes to Issue Blockchain-Based Digital Diplomas

News / 15.03.2020

Two high schools in Italy will start issuing diplomas on Ethereum’s blockchain public technology, according to a local news report. These digital diplomas will be unchangeable and easily shareable.

The two institutions to take this path are the international high schools of Villa Flaminia, located in Rome and the Institute of Higher Education “M. Ciliberto – A. Lucifero”, located in Crotone. The first will rely on a blockchain-based system which was created by the EY company whiles the latter has partnered with Blockchain Italia instead.

According to the report, this initiative seeks to make the entire process of diploma issuance and traceability very transparent. Ultimately, this will go a long way to curb the issuance of fake diplomas, which has been a long-standing problem in the country.

According to Maria Chiara Sidori, the head of Rome’s high school institute, this project can contribute to the elimination of information asymmetries with other bodies. It will allow educational institutions and companies to verify the authenticity of the qualification claimed by candidates.

Sidori added that, this proposal will also help to strengthen the existing teaching methods that involve continuous feedback between the teacher and student. She claims this would standardize the process in real-time.

Featured image courtesy of Shutterstock.

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Debasish Das is from India, an engineering graduate and holds a postgraduate degree in management. He has 10 years of experience in the financial sector, having worked for one of the biggest MNC banking groups in the country. Currently he has business in e-commerce, insurance and consultancy. As an avid blockchain and cryptocurrency enthusiasts he believes in investing in the future of technology, and feels this is going to make the world a single marketplace and also give the power from centralized banks and governments back to people.