Banner

Should Blockchain Be Applied in Vietnamese Education?

03/11/2022

When it comes to blockchain, most people usually think of Bitcoin, but in fact this technology has made great strides and created a lot of positive changes in other areas besides digital assets. Notably, blockchain is initially creating a revolution in the education industry in some countries around the world, especially at the university level. Should blockchain be applied in universities and colleges in Vietnam?

Blockchain is a chain of blocks of information linked together by cryptographic algorithms. Information once written to the block cannot be modified. Blockchain stores a copy of information at every node (computer in the system), so it can be seen as an effective, transparent, and convenient storage tool for searching and retrieving information. As for higher education and training, blockchain also offers broad application potential.

Blockchain is believed to be an effective tool for higher education.

How is blockchain applied in tertiary education?

Manage student documents and records

The traditional record-keeping method still has disadvantages as the school online management system is likely to be hacked or overloaded. In contrast, thanks to its decentralized nature and cryptographic algorithms, blockchain is virtually impenetrable, which ensures the security of documents and records stored on the platform. In addition, personal data of students (grades, collective activities, movements, awards, etc.) will be kept clearly and permanently, allowing data retrieval at any time.

Blockchain facilitates the process of managing student records.

Enforce the school regulations

Blockchain can also be used to automatically enforce the school regulations with the smart contract feature. Smart contracts are programmed to automatically perform tasks when the established conditions are satisfied, helping to handle cases of non-compliance. For example, if a student violates some of the rules, the system will record and propose appropriate disciplinary measures. 

The smart contract enables automatic enforcement of regulations.

Bridge the gap to recruiters

With immutable characteristics of blockchain, the data of the entire learning process, research, and extracurricular activities of students are recorded and stored on the school online platform. Employers and businesses can access student profiles, identify their capabilities and select suitable candidates. Students can also actively send their online resumes to recruiters, making it easy for them to review without any intermediaries.

Blockchain builds a flexible bridge between students and employers.

Access multiple sources of information at a lower cost

Blockchain can give all members of an educational institution the right to access and share resources such as books, podcasts, and movies via the public domain. While other storage systems are limited in capacity and expensive to maintain, blockchain allows these resources to be stored indefinitely and boundlessly, always available to serve teachers and students without any fees.

Although blockchain has proven its potential in education and training, there are not many institutions in Vietnam implementing pilot projects to integrate blockchain into this field. Every year, the State spends about 20% of the total budget on education and training activities (according to Resolution No. 25/2016/QH14 dated November 9, 2016 of the National Assembly), showing that education and human development are our country's top concern. Therefore, Vietnam fully has the resources and opportunities to apply high technologies to serve, innovate, and improve the quality of education.

In the Mekong Delta, FUNDGO Startup and Innovation Fund not only invests in key areas such as science, technology, finance, etc. but also focuses on education. The Fund has actively cooperated with leading colleges and universities in the region such as Can Tho University, Can Tho University of Engineering and Technology, FPT University, FPT Polytechnic College, etc. to organize many blockchain workshops and seminars to disseminate knowledge about this new technology, step-by-step bringing blockchain into education. With solid resources and expertise in blockchain, FUNDGO is ready to support organizations and educational institutions in Vietnam in applying blockchain to training programs, contributing to the improvement of teaching and learning quality.

FUNDGO focuses on education - training and strengthens cooperation with universities and colleges in the region.

Obviously, the application of blockchain is beneficial to educational management. Therefore, if it is applied properly and exploited effectively, Vietnamese education will reach a higher level, and other barriers in the traditional management process will also be removed.

Category:

RELEVANT NEWS

arrow left arrow right

Tết Nguyên đán – ngày lễ sum vầy, đong đầy ý nghĩa

Tết Nguyên đán là lễ hội truyền thống lớn và quan trọng nhất trong năm của Việt Nam, là dịp để nhà nhà đoàn tụ, sum vầy cùng tổng kết lại năm cũ và chào đón năm mới. Tết Nguyên đán còn là một trong những nét văn hóa lâu đời, không thể thiếu trong […]

Innovative Startup with Students as the Focus

Students are the backbone of the innovative startup ecosystem since they are not afraid of change and are highly adaptable to new trends and technological advancements. Therefore, it is crucial to educate students about the significance of innovative startups as well as stimulate their desire to start a business.

Digital Transformation: Change the Appearance of Vietnamese Education

Digital transformation in education and training has been around for a long time and actively utilized in the teaching and learning process all over the world, including in Vietnam. According to the National Digital Transformation Program approved by the Prime Minister on June 3, 2020, education is the second priority field for digital transformation after medicine. This demonstrates that education and digital transformation in the industry are critical to the country's development. So, what are the advantages of the digital transformation in education? How is the digital transformation in Vietnamese education? Let's find out in this article!

Metaverse – A Perfect Complement to the Real World

With the explosion of industry 4.0, Metaverse is becoming one of the most commonly mentioned concepts. According to experts, Metaverse will develop into a general trend in the future and will perfectly complement the real world.

Blockchain – a Potential Field for Technology Startups in Vietnam

In recent years, blockchain has made positive changes and created a prominent trend in Vietnam. With disruptive and diverse applications, blockchain is considered a fertile ground for technology startups and the startup ecosystem in our country. So how has blockchain made a difference in economic development?

Successful Startup: Important Things that Must not Be Ignored

Startup is currently a popular trend in Vietnam when more and more young people have a passion for business and a venturesome spirit. However, it is their inexperience that causes startups to encounter numerous difficulties and make a lot of mistakes on their journey. Understanding the do's and don'ts is one of the key foundations for startups to stand firm in the fierce market competition.

Blockchain Technology and the Law

Blockchain is gradually becoming a trending technology that captures enormous attention from organizations and businesses around the world. In Vietnam, blockchain is no longer an unfamiliar term as it has received widespread acceptance. The State is also promoting research and step-by-step promulgating blockchain-related legal framework, guidelines and policies.

Why do Businesses Fail at Digital Transformation?

Digital transformation is an ultimate goal that myriad businesses in Vietnam are striving towards, but not all of them can achieve it. Statistics from the Vietnam Association of Business Administrators show that over 90% of companies fail to perform this process. So what are the culprits behind their failure? Read the following blog to find out some common mistakes in the digital transformation of Vietnamese enterprises.

EN