2018-7-24 08:21 |
Swiss blockchain company KryptoPal will be working together with Gulf University in the Kingdom of Bahrain to develop and then implement a self-sovereign student portfolio management system built on smart contract technology.
Currently, students must send transcripts and certifications to many colleges when they apply for a new program but can be exposed to instances where transcripts and certifications are tampered with.
Venkat Nallapati, Founder and CEO of KryptoPal, stated: “We’re excited about the potential this technology can bring to academic institutions like Gulf University because the costs and inefficiencies of document management systems can be eliminated using this new blockchain platform.
It is our hope that the security and immutability of blockchain technology will protect students’ personal information and grant full time control over their digital identity,”
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