Blockchain in education: Opportunities, applications, and challenges
This paper discusses the opportunities and challenges of applying blockchain technologies in the education sector. The key blockchain-in-education applications discussed are the digitalization and decentralization of educational certifications and the enhancement and motivation for lifelong learning. Some of the key challenges explored are data protection laws such as the General Data Protection Regulation and the California Consumer Protection Act, which pose impediments for application developers and scalability challenges that arise because of slow-speed blockchain transactions and the Scaling Trilemma. Additionally, market adoption and innovation challenges highlight that blockchain-in-education is a relatively immature innovation that governance bodies within educational institutions often disregard or perceive cautiously.
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