Globsyn Business School Becomes The First AICTE Approved B-School In India To Use Blockchain Technology To Digitise Its Certification Process - GADGETS AND INNOVATIONS

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Tuesday, February 12, 2019

Globsyn Business School Becomes The First AICTE Approved B-School In India To Use Blockchain Technology To Digitise Its Certification Process



Globsyn Business School (GBS) becomes the first AICTE approved B-school in India to use Blockchain technology to digitise its certification process - a feat that has yet to be achieved by any other academic institutions in India, and among the very few to have taken this disruptive step globally. The rollout of the diplomas on Blockchain will allow the students and their prospective employers to access the diploma from any geographical location, without any need to send or present physical certificates. 

All students graduating from the post graduate programmes of GBS will now be able to share the credential of their diplomas with future employers and higher education institutions around the world without any hassle.

This has been made possible with the use of Certy, a platform that enables educational institutes to issue tamper-proof and instantly-verifiable certificates on the Blockchain, eliminating the need of background verification of students from the root. Certy is the brainchild of Somish, India's leading Blockchain startup based out of New Delhi.

Blockchain is a decentralized distributed digital ledger, which is collectively maintained by a network of computers. It can be visualized as a large ledger book shared among many people (members) who collectively keep the records. No data on the ledger can be modified by a single person without every other member of the ledger agreeing to the change.

Moreover, the ledger book is not stored in one place but is distributed among all the members, ensuring that no single person can tamper with the records, which is highly probable in a centralized database. This makes Blockchain hugely secure and is a technology which is being used extensively in the financial industry.

Globsyn has always paved the way towards promoting and advocating technology to facilitate various systems and processes of pedagogic delivery to make it more productive and convenient for its different stakeholders. While GBS Direct enables the MBA aspirants to experience a hassle-free application process into GBS, e-Globsyn is a web 2.0 application with cloud computing based components and an extremely robust that integrates knowledge management, social networking and active learning tools under a single login system.


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