The Blockcerts Wallet app uses blockchain technology to give graduates access to their degree that they can share with potential employers

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Blockchain technology is proving to offer major benefits beyond its well-known applications in the cryptocurrency field. New application allows MIT graduates to prove ownership of their degree using blockchain technology. The Massachusetts Institute of Technology has graduated this summer, a pilot program has allowed graduates to receive their degrees through a specially designed application in addition to traditional means.It uses blockchain technology to give graduates easy access to a verifiable, tamper-proof version of their degree that they can share with potential employers.

Understand the Blockchain in Two Minutes

Blockcerts Wallet uses the same blockchain implementation to verify the legitimacy of student credentials. When an individual downloads the application, a pair of public and private keys is generated, and a one-way hash is added to the blockchain.The student's public key is entered in the digital copy of the diploma, and the application has access to the private key for the purpose of proving ownership. When someone wants to verify that the degree is legitimate, he can access a web portal where he can paste a link or download the digital file and receive confirmation of the identity of his owner, which is instant and free.

Source : Futurism.com

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