Malaysia’s Ministry of Education (MoE) of Malaysia announced in late 2018 that it is forming a consortium to tackle the issue of fraudulent university degrees by applying blockchain technology. According to the MoE, a team from the International Islamic University Malaysia (IIUM) developed the new system that will issue and verify the authenticity of university degrees.
According to Malaysia media reports, the government-backed consortium will initially be comprised of six public universities. 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 diploma-verifying system is set to operate using the NEM (XEM) blockchain protocols.
The MoE commented that the main purpose behind the establishment of the consortium is to adopt the technology by students and academics and to enhance skills training. In the long term, the MoE is researching the development of “industry-standard” blockchain solutions that could potentially generate revenue for consortium member universities.
In October 2017, the Massachusetts Institute of Technology (MIT) reportedly became the world’s first university to issue digital diplomas by implementing blockchain technology. 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.
Another company, Aversafe, with its development center in Ho Chi Minh City, Vietnam has also been developing a blockchain based certificate systems. Aversafe has been in discussions with several universities in Vietnam on their utilization of the Aversafe system and hopes to begin deploying its system to universities in Southeast Asia in 2019.