Centurion Institute of Technology, India to award university degrees

最新报道:According to Crypto.com, India's Centurion University of Technology and Management plans to issue over 1,000 degrees annually on the Avalanche blockchain to make credential verification easier and more secure. According to a press release sent to crypto.news, starting this academic year, Centurion University of Technology and Management graduates will be able to access their university certificates on the blockchain. By partnering with the Avalanche blockchain, the university will award over 1,000 degrees annually to enhance student academic credentials. The partnership will cover bachelor's, master's, and doctoral programs, as well as diplomas, certificates, gold medals, and honorary degrees. This means all degrees will be digitally recorded on the blockchain, making each graduate degree globally accessible. In the sample document, a QR code is located at the bottom of the degree page; students can scan it to verify their certificate directly on the Avalanche (AVAX) blockchain. Centurion University of Technology and Management (CTUM) is a private, multi-campus institution located in the Indian states of Andhra Pradesh and Odisha. The campus is known for its "Campus to Crypto" initiative and incorporates blockchain technology into its daily operations. The campus club, known as the "CUTM Official Blockchain Community," organizes workshops, hackathons, and bootcamps on blockchain and other Web3 projects. For example, Centurion hosted a four-day Avalanche India bootcamp, attracting students and developers to learn Avalanche technology. The educational institution's latest partnership with Avalanche will enable recruiters, universities, and government agencies around the world to verify graduates' academic credentials in seconds using Avalanche's blockchain technology. This collaboration demonstrates CTUM's commitment to promoting Web3 adoption while also providing students with the tools they need for their futures. By guaranteeing the authenticity of academic records, the program reinforces its commitment to integrity and ensures global recognition for its graduates. One of the key advantages of blockchain technology is its ability to bypass traditional systems and save on annual subscription fees. In the long term, implementing blockchain-based degrees could automate credential verification, reduce administrative overhead, and eliminate fraud. Dr. PK Mohanty, Vice President of Columbia University Asia Pacific, stated that blockchain technology has the potential to transform the way institutions maintain and verify academic records, paving the way for more modern bookkeeping systems. Mohanty stated, "Blockchain technology is transforming the way institutions maintain and verify academic records. Through this initiative, we are strengthening trust in our degrees while giving our students an edge in a digitally connected world." Blockchain's application in education is still in its early stages, with a market value of $350 million in 2024 and projected to reach $500 million in 2025. The blockchain education market is projected to grow at an annual rate of 43.9% between now and 2033. By 2033, the blockchain education market is projected to reach $9.39 billion, with more schools, universities, and training institutions around the world adopting blockchain technology. Just a few days ago, the Ethereum (ETH) Foundation and Columbia University partnered to establish a new blockchain-focused research center, the Columbia-Ethereum Center for Blockchain Protocol Design. This initiative aims to fund initiatives that advance blockchain technology. Meanwhile, as early as April 2025, Lomond School became the first school in the UK to accept Bitcoin (BTC) for tuition payments, providing parents and students with more flexible payment options and accelerating Bitcoin adoption in the region.

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