The University of Nicosia (UNIC) has once again broken new ground in university adoption of Blockchain technology by being the first university in the world to publish all diplomas of all graduating students (Bachelor’s, Master’s, PhD) on the Bitcoin Blockchain, as of the graduating class of Spring 2017.
The University of Nicosia was previously the first university in the world to publish academic certificates on the Blockchain (Spring 2014) and, subsequently, to publish diplomas on the Blockchain on a trial basis (Spring 2015). It is now the first university in the world to move from trials to full implementation of this pioneering new technology, for all graduating students, on an ongoing basis.
The new service was announced by UNIC’s CEO, Mr. Antonis Polemitis, during his opening remarks at “DECENTRALIZED 2017”, a business and academic summit relating to the technical and societal implications of decentralization, cryptocurrency and Blockchain technology, organized by UNIC in Limassol, Cyprus on 2-3 November 2017.
Mr Polemitis said:
“We believe in a future where everyone has ownership of their own personal data and can share and authenticate it at will, while still ensuring strong privacy. This effort at UNIC is a step towards this decentralized future that will unfold over the next five to ten years. We view our role as a university to be focused on the cutting edge of these technological shifts, both in theory and in practice. I am very proud of our research team’s work. The technological platform was developed entirely internally at the University of Nicosia and includes some very interesting work on difficult topics, such as revocation. We look forward to discussing these developments with our colleagues in academia, business and the broader cryptocurrency and Blockchain community at our dedicated summit.”
Specifically, all diplomas issued to the graduating class of Spring 2017 have been digitized and their electronic fingerprint (“hash”) has been added to the public Bitcoin Blockchain, a decentralized and distributed digital ledger. This allows students to present an electronic PDF that can be verified by others (e.g. employers or academic institutions) immediately in a secure manner, either by a new verification tool on UNIC’s website or, independently, by replicating UNIC’s open-source instructions.
More details about the approach can be found at www.block.co, which will serve as a repository for the technology. UNIC is now offering this solution to other academic and governmental institutions on an open-source / free basis, in order to improve and further develop this technology in a collaborative manner.
The University of Nicosia is the largest university in Cyprus with approximately 12,000 students, and the largest research-oriented university in southern Europe that teaches primarily in English.
UNIC is regarded by most observers to have the most developed university Blockchain and cryptocurrency initiative in the world. It was the first university to offer a course on cryptocurrency, a free MOOC that has been followed by over 12,000 students since 2014. UNIC’s MSc in Digital Currency was the first academic degree programme in the world in this field, and graduates from this programme have been involved in leading Blockchain organisations worldwide. UNIC was also the first university in the world to accept bitcoin for tuition.
- Toronto’s Creative Destruction Lab Joins Facebook’s Libra Association - June 19, 2019
- Australia’s Power Ledger to bring P2P Energy Trading to Austria - June 19, 2019
- Litecoin Foundation Teams Up With Bibox And Ternio On Special Edition Litecoin Debitcard - June 19, 2019
- US Legislators Call for Halt to Facebook’s Cryptocurrency Plans – And to Face Congress - June 19, 2019
- Hyperledger Welcomes Diverse Line-up of New Members for Identity Project - June 18, 2019
- Facebook Announces Calibra Digital Wallet and Libra Cryptocurrency - June 18, 2019
- MIT Professor Silvio Micali’s Algorand Project Announces Date for First Auction - June 6, 2019
- SEC sues Canadian Messaging Service Kik Selling Unregistered Securities in its $100 million ICO - June 4, 2019
- CrowdEngine Teams Up With Polymath Adding Security Token Issuance to List of Crowdfunding Services - June 3, 2019
- Bitcoin Inc. CEO Morgan Rockcoon Busted – 21 Months in Prison and Fines - June 3, 2019
- Reshaping a Nation’s Logistics Sector: Singaporean Blockchain Company PLMP Cuts Multimillion Dollar Deal With Indonesia - June 3, 2019
- Swisscom TV Opens Blockchain-based Art Gallery - June 3, 2019
- Canadian Messaging Service Kik Burns $5 Million Fighting SEC Over Utility Tokens, Now Raising $5 Million More to Continue Battle - June 3, 2019
- Salesforce Introduces CRM Blockchain Platform For Selected Clients - June 3, 2019
- Block.one Plans to Tackle Pitfalls of Social Media With New Blockchain Community Called “Voice” - June 3, 2019
- CasperLabs and Ethereum on Proof of Stake Protocol at CryptoChicks in Toronto, family ran Hack-A-Thon for blockchain family - June 3, 2019
- World Economic Forum Inaugurates Global Blockchain Council to Address Lack of Well-Defined Rules for Working with Blockchain - May 29, 2019
- India’s First Blockchain Powered VoD Platform ‘myNK’ Launches At Cannes Film Festival - May 27, 2019
- New Zealand’s Cryptopia Exchange Packs It In – Announces Liquidation - May 15, 2019
- Canadian Blockchain Expert Alex Tapscott and NextBlock Global Limited to Pay $1M for Misleading Investors - May 15, 2019