College Archives -
A strand of white hair tucked into a shabby almanac on the shelf of a college library in upstate New York has been revealed to be from one the nation’s Founding Fathers.
Imagine getting treated by a doctor with a fake diploma, or losing a job to another candidate who faked his resume. Unfortunately, such cases are all too prevalent these days in various parts of the world where proper documentation verification is too cumbersome or too costly. However, bitcoin might provide the answer to making sure this reality is preventable in the future.
Bitcoin CV Verification
University College London (UCL) has announced that its Centre for Blockchain Technologies has concluded a pilot program enabling MSc graduates in Financial Risk Management to offer instant verification of their academic qualifications using bitcoin.
All graduates of this course in 2016 and 2017 could register their degree details on a platform developed by London-based startup Gradbase. The school checked the validity of this data and then the system issued a transaction validating the authenticity of these degrees via bitcoin. The participating graduates received a QR code they can place on their CV documents, business cards or professional profiles which anyone can scan to verify their credentials.
The company’s co-founder, Cédric Colle, commented: “Academic fraud is a global issue which needs a global solution. The ambition of Gradbase is to become the first platform for easily and trustworthily verifying any qualification around the world.”
University College London’s Centre for Blockchain Technologies
Founded in 1826 in the heart of Britain’s capital city, UCL is the third largest university in the UK by total enrolment and the largest by postgraduate enrolment. It has about 38,000 students from 150 different countries as well as more than 11,000 staff.
Its Centre for Blockchain Technologies (CBT) serves as an academic interdisciplinary research hub for bitcoin and related innovations, as well as a think tank connecting developers and regulators. It provides consultancy services to industry members, knowledge-transfer activities and in-house solutions.
“We are very excited to have collaborated with Gradbase on a pilot which is a UK first. The UCL CBT is playing a leading role in enabling the use of Blockchain technology in the education sector, and we believe that, in the future, such technology will become mainstream,” said Paolo Tasca, Executive Director of UCL CBT.
Would you want to have verification of your ID, CV or academic qualifications stored on the bitcoin blockchain? Tell us what you think in the comments section below.
Images courtesy of Shutterstock.
The post University College London Fights CV Fraud via Bitcoin Verification appeared first on Bitcoin News.
The eldest son of the 13 siblings allegedly tortured and held captive by their parents was allowed out of the house to attend community college, where he excelled.
“For generations of fans, Keith Jackson was college football,” ESPN quotes Disney CEO Bob Iger as saying. “When you heard his voice, you knew it was a big game.” Jackson, who retired from a 54-year broadcasting career in 2006, died Friday night in Los Angeles at the age of 89,…
Amazon founder Jeff Bezos and his wife, MacKenzie Bezos, donated $ 33 million to fund 1,000 scholarships for Dreamers, immigrants who were brought to the United States illegally as children.
The money will go to TheDream.US, the largest scholarship program for Dreamers. Each student receives…
Amazon.com Inc. Chief Executive Jeff Bezos is granting $ 33 million in college scholarships for undocumented immigrant high-school graduates in the U.S., according to TheDream.US, a nonprofit education group.
WSJ.com: US Business
In 2014, a schoolgirl decided to do her class project on bitcoin. As part of her presentation, she distributed 30 paper wallets containing BTC to her classmates. Three years later and half of her peers still have their wallets, with some planning to use the windfall to help pay for college. The girl at the center of the story has benefited the most however: years of performing chores, paid in bitcoin, have seen her pocket money swell to over 3.5 BTC.
Also read: Twenty Years Ago, Two Men Predicted Bitcoin
Smart Kids Get Paid in Bitcoin
Clever kids don’t badger their parents for a pocket money raise: they simply request a change in currency, from fiat to crypto. That’s what one sixth grader did back in 2014, but the enterprising girl didn’t stop there. The 12-year-old sought to educate the rest of her class on the wonders of bitcoin, which formed the topic of her science fair project.
Armed with some bitcoin, kindly donated by members of r/bitcoin, and the support of her bitcoin-mad parents, the girl created an information stand which addressed what bitcoin is, how it works and how it can be used. Her submission evidently pleased the judges, who awarded her first place in the Interior Alaska Science Fair. Some kids would have accepted their rosette and moved on, but not this one. Today, the now-15-year-old remains a big fan of bitcoin – which has been very good to her in the intervening years.
It’s Never Too Early to Talk About Bitcoin
In a post to r/bitcoin this week, the girl’s mother provided an update on the legacy left by the winning science project. She wrote:
Those 30 kids are all now about 15 and they all have their wallets, so cool. My daughter made sure they added little bits to their wallets in the bitcoin lows (and highs – haha). Some have never spent and are saving for college or gonna hold for the long haul.
She finished: “Little Alaska group of crypto kids talking about decentralized banking, forks, and the current issues with bitcoin now when they hang out. All from this little science project in 2014.”
At the time of the project, one bitcoin was worth about $ 850. Pupils who were disciplined enough to hodl – and to retain their paper wallets – are now sitting on a healthy lump sum. The wallet that the girl used to collect donations to fund the 2014 project now contains 3.45 BTC. The mother explained that she’s stored the private key in a safe place and will give it to her daughter when she turns 18, whereupon she’s free to use the funds to pay for college.
As this story illustrates, it’s never too early to teach your kids about money and to give them a measure of financial freedom. If bitcoin fees are preventing you from issuing your kids with micropayments for washing the car, there are always alternatives – bitcoin cash for one. Alternatively, create a virtual ledger on a whiteboard in the kitchen displaying “off-chain transactions”, before rounding them up and issuing them at the end of the month. For parents who are big on bitcoin, there’s a wealth of ways to incentivize the next generation to take an interest in cryptocurrency.
How have you tried teaching your kids about bitcoin? Let us know in the comments section below.
Images courtesy of Shutterstock and kimberlitepipes.
Make your voice heard at vote.Bitcoin.com. Voting requires proof of bitcoin holdings via cryptographic signature. Signed votes cannot be forged, and are fully auditable by all users.
The post How a 2014 Bitcoin Project Will Pay an Alaskan Schoolgirl’s College appeared first on Bitcoin News.
Why bother to weave and sew new clothes when you can just grow them? The Washington Post reports on Luis Quijano, a 19-year-old former political science major at Liberty University who is experimenting with growing his own “leather-like material” using water, sugar, green tea, kombucha, and fermentation. While Quijano, who…
Two people are dead in what Pennsylvania State Police say was a murder-suicide on a college campus Wednesday, KDKA reports. Police say a female employee at Penn State Beaver was convinced to come outside by her estranged husband, who shot her in a parking lot outside a campus dining hall….
High school seniors already thinking about what college they want to attend next September might get some help from WalletHub . Evaluating wallet friendliness (e.g., student debt, cost of living), social environment (students per capita, nightlife, crime), and academic and economic opportunities (quality of education, unemployment), the site has come…