Learning Machine Seeking The Replacement Of Paper With Blockchain Credentials As MIT Is Launched

0
Learning Machine Seeking The Replacement Of Paper With Blockchain Credentials As MIT Is Launched

Resumes, diplomas and transcripts are critical documents and thus there is a need to manage them properly. From the outlook, they are quite simple. However, they are associated with significant economic consequences to their holders.

Trends

It is worth noting that GPA or the right classes could radically impact the career prospects of a particular graduate. What doesn’t add up at this point in time is the fact that the infrastructure entrusted with the management of such important documents focuses on mailing official paper to processing centers.

Learning Machine has disclosed that it will embark on the migration of such documents into the digital era which will be achievable through their placement on the blockchain. The Massachusetts Institute of Technology happens to be its current design partner. It was in the previous year that MIT proceeded to unveil Machine Learning Technology and that was carried out at the MIT Media Lab and the Sloan School of Management.

Forwarded perspectives

An official working with MIT has proceeded to disclose that they will be getting involved in a $3 million seed fundraiser to support and grow the vision and if all moves according to plan it is expected that Dave Fields of PTB Ventures Will be joining in to help push the agenda forward.

Basically, Learning Machine is the major driving force behind the initiative commonly referred to as BlockCerts. It is possible for an Institution such as MIT to proceed and cryptographically sign a credential then move ahead to place it on the blockchain and what would follow would be the use of  the BlockCerts app in the verification of whether or not the credential is valid.

The founder and CEO of Learning Machine Chris Jagers bears expertise in space and it was just a short while back that he founded SlideRoom. This is a platform that has great capabilities especially in line with the evaluation of the large number of applicants in the different college admissions more so in Science and Technology. He made strong ties with MIT and much more is expected in the near future.

MIT was commended by market observers for the successful unveiling of the online Micromasters in data science. The other major development has been the unveiling of the Institute’s third MITx MicroMasters program which according to sources will assist the various learners around the globe to undertake career advancements.