MIT Media Lab Introduces Blockchain Technology for Credentials

BLOCK(CHAIN) AND TACKLE: Still think blockchain is a mythical beast? The technology just got a big endorsement from MIT’s Media Lab, which introduced a project for issuing official credentials on blockchain. MIT is working with Learning Machine, a Boston-based enterprise software company that offers solutions for enrollment management and portfolio review in addition to blockchain credentials, to build an ecosystem for issuing, displaying and verifying blockchain-based educational credentials.

“Our goal is to help create an entirely new environment where individuals are the custodians of their official records and can easily share those records with others,” Learning Machine CEO Chris Jagers writes in a blog post.

The MIT Media Lab released its tools for the project under the an open-source license to let others build off of what the university has learned so far, it says in a Medium post. MIT intends for this initial version to be a starting point: “We hope that sharing some of the things we have grappled with and the decisions we made (and why) will be useful for other developers and institutions interested in developing digital credential systems that make use of blockchain architectures.”

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