Since its emergence, NFT has been applied in various fields such as education and art. However, compared to the art industry, most people are not familiar with the role of NFT in the education sector.
Let’s take a look at the impact of NFT both inside and outside the classroom.
Thanks to blockchain technology, NFTs can enhance the quality of education, broaden educational perspectives, and increase educational resources.
Blockchain enables the transfer of assets between different ecosystems while allowing NFT storage providers to acknowledge their existence.
Users can exchange and auction NFTs in different markets and showcase them in virtual worlds. But how exactly do NFTs contribute to education?
Certification Issuance and Management
Due to their technical nature, NFTs can replace diplomas, awards, or certificates that prove students’ knowledge and skills, as they possess security and verifiability.
In terms of services such as APA format paper writing, the use of NFTs can reduce the possibility of forgery. Students can also use NFTs to self-manage their records and credits, track lifelong learning progress, and preserve educational data.
Massachusetts Institute of Technology (MIT) is one of the prominent universities applying NFTs.
MIT has established the Digital Certificate Consortium, an international network of several universities that has a universal digital certificate system capable of verification, tracking, and corporate review. This system allows institutions to issue digital diplomas and certificates in a way that does not require manual registration.
NFTs are more applicable in certificate issuance and management than commonly recognized. Professor Bo Brannan at Pepperdine University has used NFTs as rewards for completing courses. To enable students to access their academic records online, he requires them to complete and submit assignments from the course syllabus to demonstrate their mastery of the subject.
Some universities have also incorporated NFTs into undergraduate degree programs. In 2019, Monterrey Institute of Technology and Higher Education became the first university in Mexico to offer blockchain-verified digital diplomas to graduating students.
Protection of Rights
Another significant advantage of NFTs is the restoration of ownership to creators of various content or works. Students spend a significant amount of time creating original content.
Peter Thomas, the dean of the Royal Melbourne Institute of Technology at the University of Melbourne, stated that the copyright issues of student works and projects are often overlooked in the education stage.
For this reason, turning student works into NFTs can affirm their creativity in another form.
Through this approach, students can receive recognition for their achievements and their work can be shared and appreciated by a wider audience. Additionally, this can also inspire more students to create outstanding works.