As reported by cointelegraph, the Vietnamese Ministry of Education and Training, also known as MOET, is planning to employ the TomoChain blockchain for issuing diplomas in 2021.
The MOET has associated with Singapore-based startup TomoChain in order to put national student certifications on TomoChain’s proprietary blockchain platform.
As part of the “National Qualifications Archive” project, the MOET plans to issue all types of certifications and diplomas granted by training units and the High School and Higher Education on the blockchain. The new system will apparently come into effect during the school year ending in 2021.
According to a Nov. 18 announcement, Vietnam’s new blockchain-based certification system is designed to immutable verification of student qualifications. It is hoped that the new system replace the long-lasting verification processes by recruitment agencies and HR units.
The deputy minister at the MOET, Nguyen Van Phuc stated:
“Diploma and certificate management is an issue that needs to be resolved by technology, which is significant for the whole of society and also cost-efficient for the diploma management system in particular, and education in general.”
According to cryptopotato, Founder and CEO of TomoChain noted that his company has been exploring proper ways to achieve the transition of qualifications from their present format to blockchain technology for over a year. He also added:
“Currently, storing data evidence on a public chain is a global trend due to its economic, security, and confidential advantages. I strongly believe that this system lays a solid foundation for adopting cutting-edge digital technologies in e-government 4.0 in Vietnam, helping us walk alongside other innovative and progressive countries around the world.”