Educhain: Institutions, Corporates & Govt Blockchain Records?
The blockchain has been listed my many media outlets as being the most technologically disruptive innovation of the 21st century. In the past year alone, we have seen the birth of countless services related to diverse fields such as Medicine, Healthcare, Finance that have all been based on the blockchain.
EduChain is one such platform. It has been designed to help enable “instant issuance and authentication of digital records” via the use of the crypto network. Owing to its structural framework, Educhain can be easily employed and used by:
- Educational institutions
More About the EduChain Service
As is clear for everyone to see, the crypto movement has completely changed the way information is exchanged and shared between individuals today. To help foster transparency within the blockchain, Educhain leverages its functionality in order to help create a new instructional network that promotes and propagates trust.
Through the use of Educhian, network participants can seamlessly exchange digital documents and records, without having to go through countless verification protocols. Some of the other key aspects of Educhain include:
(i) Issuance Potential:
As per the official company website, the platform has been designed to enable institutions to “securely issue official, digital records”. All of this is done via the use of cryptographically signed and attested protocols that ensure each and every document is accounted for.
(ii) Record Maintenance:
Owing to its use of a decentralized ledger system, all of the records that are stored within Educhain are recorded immutability without any chance of third party interference.
Another underrated aspect of Educhain is that it enables and empowers students/ professionals to claim complete ownership of their accomplishments, and learning outcomes. Not only that, they can share their digital credentials quite easily since all of the data is stored within a blockchain that allows for instant access.
(iv) Time Saving:
By eliminating issues associated with “record processing”, Educhain is able to cut down on interaction times, thereby allowing employers as well as job seekers to save on a lot of valuable effort.
As mentioned earlier, the decentralized nature of Educhain allows for recipients to easily verify official documents in a completely automated manner.
Why Choose Educhain?
All of the credentials that have recorded on the blockchain cannot be tampered with. This is because each data block is cryptographically signed and distributed within the network in a completely irreversible manner.
(ii) Ease of Transfer:
All of the institutions and individuals that are a part of this network can directly share digital documents and records in a completely hassle free manner.
When looked at in more detail, we can see that EduChain is extremely flexible and can be used with a wide array of digital document formats.
Another key facet of Educhain is that it can be used in conjunction with many of the existing data systems that are being used by institutions and companies across the globe.
(v) Cost Efficient:
As per an analysis report released by the company, E2E services that are being provided by Educhain can cut upto 90% of all incurred admin costs.
As mentioned earlier, this platform has the capacity to safely manage ‘digital credentials’ via the use of cryptographically secure modules that ensure maximum data protection.
How Do I Get on Board With Educhain?
While not released for the public as of yet, organizations that would like to try out this blockchain service can request for a free demo by filling out the web form on the official company website.
Alternatively, users also have the option to contact company representatives directly to help facilitate the use of Educhain within their particular institutional framework. For any other doubts or queries, users can get in touch with the platform devs via email or phone.