SmartDegrees has been part of a round table at the Blockchain Conference organized by the Conferencia de Rectores de Universidades Españolas (CRUE), ICT sector, last October 5 at the University Internacional de Andalucía, in Malaga, which has aroused high interest, attending more than 70 people, mostly representatives of universities.

The objective of the day was to evaluate the maturity of this technology and what are its advantages and risks for universities, legal aspects and use cases in universities.

Maite Agujetas, COO of SmartDegrees, has described how blockchain is used to register and certify official university degrees in University Carlos III de Madrid, since last July, that the graduate can manage from his smartphone, through a free app that allows the following benefits:

  • It facilitates the enhancement of the degree, speeding up its sharing with labor platforms, recruiters and third parties.
  • The graduate is the sovereign owner of their data and decides how, where and when to display them.
  • The app and support technology, blockchain, guarantee its inviolability and prevent fraud.

The results are very positive, so the service is being extended to other universities, initially in Europe and Latin America.

In the experience of SmartDegrees, the keys have been “to choose the blockchain platform well”, which for the certificates of degrees has been a permissioned network, for facilitating the implementation of the specific activity of the certificates, and “avoiding the cryptocurrency”, if it is not necessary. This is the case of SmartDegrees, which uses, enterprise version of Ethereum, open source and without cryptocurrency. Maite Agujetas has also highlighted the current possibilities of the technology, which facilitates interoperability and integration between networks, as does SmartDegrees, which notarizes its operations in another additional blockchain network, that of Alastria, increasing the security provided by the SmartDegrees blockchain platform.

“Universities benefit from our activity, they are our partners, and we do not interfere with their internal processes, by resting in an API architecture.” However, “our final objective is the graduates, whom we help to value their qualification in the labor market and in the society, promoting services around the degree, which goes from being a static element in paper or electronically signed file, to be a secure and, therefore, dynamic digital asset, under the exclusive control of the graduate ”.

Related article: Blockchain and university degrees in the XXIV CRUE Conference of General Secretariats