Malaysia’s Education Ministry Sets up University Degree Verification System via Blockchain

Neutral Malaysia’s Education Ministry Sets up University Degree Verification System via Blockchain

The Ministry of Education (MoE) of Malaysia is establishing a U niversity Consortium to combat degree fraud using blockchain, the ministry announced in a tweet Nov. 8.

According to the ministry's tweet, the system is designed to issue and verify the authenticity of university-issued degrees. The new government-backed consortium will initially be comprised of six public universities and their diploma-verifying system is set to operate using the NEM ( XEM) blockchain. According to the ministry, the new system was developed by a team led by a professor from the International Islamic University Malaysia (IIUM).

According to a local media report, the idea of the consortium was proposed by the MoE in order to preserve the reputation and the integrity of Malaysian universities, to protect the rights of students, as well as to promote distributed ledger technology ( DLT).

The MoE commented to the media that the main purpose behind the establishment of the consortium is to "spread skills training," as well as to develop and adopt the technology by students and academics. In the long term, the ministry stated it is also eyeing the development of what it referred to as "industry-standard" blockchain solutions that could potentially generate revenue for Consortium member universities.

Recently, a Russian state-backed university announced it would store diploma data on blockchain, claiming that the institution has already recorded the information of "all diplomas issued over the past ten years" using DLT.

In October last year, the Massachusetts Institute of Technology (MIT) reportedly became the world's first university to issue digital diplomas by implementing blockchain technology.

11/09/2018 / 18:12:00 Source: cointelegraph

BTC
1 BTC=$4,458.79
XRP
1 XRP=$0.4537
ETH
1 ETH=$134.01
XUC
1 XUC=$2.79
BCH
1 BCH=$247.84
EOS
1 EOS=$3.76

News Feed 50

Newsbtc Neutral - Analyst: Too Early to Write Off Bitcoin, SEC Had Negligible Effect on Crypto Markets read more.
11/20/2018 / 11:30:32
Livebitcoinnews Neutral - Going Once, Going Twice… Christie’s Art Auction Recorded on Artory Blockchain read more.
11/20/2018 / 11:30:10
Cryptoglobe Neutral - Genesis Trading CEO: Early 2017 Crypto Investors Are Now Leading The Massive Sell-Off read more.
11/20/2018 / 11:21:00
Cointelegraph Neutral - Markets Panic: Bitcoin Hits Lowest Since October 2017 as Bitcoin Cash Drops 40 Percent read more.
11/20/2018 / 11:14:00
Coindesk Neutral - Bitcoin Price Drops to $4,200 Despite Record Low On RSI read more.
11/20/2018 / 11:01:09
Bitcoinist Neutral - Roel Wolfert: ‘Cryptocurrency Will Just Be a Normal Part of Life’ [Interview] read more.
11/20/2018 / 11:00:20
Blokt Neutral - Block 30 Labs Launches New Index for Crypto Trading Markets read more.
11/20/2018 / 10:59:09
Newsbtc Neutral - Blockchain Project Launches Ethereum-like Token Development Platform read more.
11/20/2018 / 10:55:19
Ccn Neutral - Autodesk CEO: Blockchain Can Stem Corruption in the Construction Sector read more.
11/20/2018 / 10:53:01
Cointelegraph Neutral - Imaginative Ways to Buy Crypto, Explained read more.
11/20/2018 / 10:40:00
Bitcoin.Com Neutral - Everything That’s Wrong With Roubini’s Central Bank Crypto Love Letter read more.
11/20/2018 / 10:30:58
Financemagnates Positive - WinMiner to List on DX.Exchange after Winning ICO Pitch read more.
11/20/2018 / 10:25:12
Themerkle Negative - BCHSV Price Loses Another 37% as Struggle Intensifies read more.
11/20/2018 / 10:20:40
Cointelegraph Neutral - OKEx Rebuffs Market Manipulation Claims Over Early Bitcoin Cash Futures Settlement read more.
11/20/2018 / 10:20:00
Cointelegraph Neutral - Greek Supreme Court is Violating Alleged Bitcoin Launderer’s Rights, Lawyer Argues read more.
11/20/2018 / 10:11:00
Coindesk Neutral - Singapore’s Stock Exchange Clarifies Rules for Listed Firms Issuing ICOs read more.
11/20/2018 / 10:01:00
Livebitcoinnews Neutral - #Bitcoin Cash Price Analysis: BCH/USD Potential Countertrend Bounce read more.
11/20/2018 / 10:00:51
Newsbtc Neutral - Bearish Sentiment Mounts As Bitcoin (BTC) Plunges Below $4,400 read more.
11/20/2018 / 10:00:51
Cryptoglobe Neutral - TransferWise Co-Founder: ‘If Every Bank in the World Was Connected to the Ripple Network, It Would Be Amazing’ read more.
11/20/2018 / 09:55:55
Coinspeaker Neutral - Bitcoin Cash Hash War Stacking Heavy Loses read more.
11/20/2018 / 09:53:20
Cryptopotato Negative - OKEX Denies Guilty in the BCH Futures Issue: Customers’ Lousy Management Led to Losses read more.
11/20/2018 / 09:52:07
Newsbtc Neutral - Bitcoin Price Watch: BTC/USD Nosedives 15%, $4,000 Next? read more.
11/20/2018 / 09:30:40
Cryptoglobe Neutral - #NEO Long-term Price Analysis- 20 November read more.
11/20/2018 / 09:30:00
Themerkle Negative - Bitcoin Cash Price Onslaught Pushes Market Cap Below XLM’s read more.
11/20/2018 / 09:28:21
Cointelegraph Neutral - Bank of Thailand Governor: Digital Currency Use Won’t Replace Cash for Three-Five Years read more.
11/20/2018 / 09:21:00
Coinspeaker Neutral - Huobi Turns into Communism in a Bid to Get Support for Its Domestic Businesses read more.
11/20/2018 / 09:18:28
Coinspeaker Neutral - #Ethereum Price Analysis: ETH/USD Trends of November 20–26, 2018 read more.
11/20/2018 / 09:12:08
Ccn Neutral - India to [Finally] Draft Cryptocurrency Regulations in December: Report read more.
11/20/2018 / 09:11:54
Cointelegraph Neutral - Trezor Urges Caution After Discovery of Hardware Wallet ‘One-For-One Copies’ On Sale read more.
11/20/2018 / 09:04:00
Newsbtc Negative - Bloodbath Continues as Crypto Markets Collapse 33% in a Week Losing $70 Billion read more.
11/20/2018 / 09:00:21
Coindesk Neutral - Bitcoin Smart Contract Startup RSK Unveils New Infrastructure Project read more.
11/20/2018 / 09:00:18
Cryptopotato Negative - #Bitcoin Price Analysis Nov.20: HODLer’s nightmare, a chance for a correction? read more.
11/20/2018 / 08:57:27
Ccn Neutral - Blockchain Job Offerings and Seekers Decline with Crypto Market Capitalization read more.
11/20/2018 / 08:50:02
Coinspeaker Neutral - Bloodbath in Cryptocurrency Market Continues, Bitcoin Slips Below $5000 read more.
11/20/2018 / 08:48:58
Bitcoin.Com Neutral - Fear, Loathing and Opportunity: How Crypto Traders Are Handling the Drop read more.
11/20/2018 / 08:45:50
Cointelegraph Neutral - Singapore's Central Bank Finalizes Regulatory Framework for Crypto Payment Services read more.
11/20/2018 / 08:41:00
Cryptoglobe - Crypto Roundup - 20 November 2018 read more.
11/20/2018 / 08:34:04
Livebitcoinnews Neutral - #Bitcoin Price Analysis: BTC/USD Some Support at These Levels? read more.
11/20/2018 / 08:30:43
Newsbtc Neutral - #Ethereum Classic Price Analysis: ETC/USD Sellers Next Target $5.00 read more.
11/20/2018 / 08:28:40
Themerkle Negative - Even the XRP Price Feels the Pressure as Value Plummets by 10% read more.
11/20/2018 / 08:15:54
Coinspeaker Neutral - IBM Teams Up with Columbia University to Further Push Blockchain Development read more.
11/20/2018 / 08:13:44
Bitcoinist Neutral - ‘People Have Panicked’ – $4.5K BTC Price Business as Usual for John McAfee read more.
11/20/2018 / 08:02:30
Ccn Neutral - Another $25 Billion Wiped Out: Crypto Market Suffers From Large Sell-Off read more.
11/20/2018 / 08:02:10
Cryptonewsreview Neutral - BitMEX liquidations now top $1.3bn for last seven days read more.
11/20/2018 / 08:00:40
Ccn Neutral - Cryptocurrency Exchange Huobi Creates Communist Party Committee in China read more.
11/20/2018 / 07:43:08
Newsbtc Neutral - #Ripple Price Analysis: XRP/USD Outperforms Bitcoin And Ethereum read more.
11/20/2018 / 07:30:53
Cryptoglobe Neutral - Host of CNBC's Crypto Trader: ‘At This Rate XRP Will Be in the Number 1 Spot by Friday’ read more.
11/20/2018 / 07:18:45
Livebitcoinnews Neutral - Australia’s IvyPay Lets Users Pay Their Bills With Cryptocurrency read more.
11/20/2018 / 07:00:46
Bitcoin.Com Neutral - Singapore Finalizes Regulatory Framework for Cryptocurrency Payment Services read more.
11/20/2018 / 06:55:35
Cryptonewsreview Negative - John McAfee on the cryptocurrency price crash: stop panicking read more.
11/20/2018 / 06:39:43
Negative
3.8%
Neutral
94.7%
Positive
1.4%
Mixed
0.1%

Latest comments:

4 min
Hey Sam, how is it going? But I must explain to you how all this mistaken idea of denouncing of a pleasure and praising pain was born
3 min
Pretty good. Doing my homework.. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because
2 min
Any chance to go out? To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage
2 min
.. Maybe 40-50 mins. I don't know exactly. On the other hand, we denounce with righteous indignation and dislike men who are so beguiled
1 min
Anyway sounds great! These cases are perfectly simple and easy to distinguish.