Vietnam’s Ministry Of Education To Issue Certifications On Blockchain

Vietnam’s Ministry of Education to issue certifications on blockchain. Vietnam’s Ministry of Education and Training, or MOET, is looking to implement blockchain technology for issuing diplomas in 2021.

According to a Nov. 18 announcement, the MOET has collaborated with Singapore-based startup TomoChain to put national student certifications on TomoChain’s proprietary blockchain platform.

As part of the “National Qualifications Archive” project, the MOET plans to issue all types of diplomas granted by its training units, High School and Higher Education on the blockchain. The new system will allegedly take effect during the school year ending in 2021.

Vietnam’s new blockchain-based certification framework is designed to allow for straightforward and permanent verification of student qualifications, according to the announcement. The new system is expected to replace long-lasting verification processes by recruitment agencies and HR units.

Nguyen Van Phuc, deputy minister at the MOET, said “Diploma and certificate management is an issue that needs to be resolved by technology, which is significant for the whole of society and also cost-efficient for the diploma management system in particular, and education in general.”

Kyn Chaturvedi, chief business development officer at TomoChain, said that the initiative is the first time that the startup is providing its services for a governmental agency. “It is also the first time that the Vietnamese government is working with any blockchain business,” Chaturvedi noted.

[image: Katherine McCormack]

bitcoin
Bitcoin (BTC) $ 97,152.03 1.17%
ethereum
Ethereum (ETH) $ 3,382.65 1.94%
tether
Tether (USDT) $ 0.999422 0.19%
xrp
XRP (XRP) $ 2.27 1.74%
bnb
BNB (BNB) $ 666.36 1.74%
solana
Solana (SOL) $ 185.99 3.85%
dogecoin
Dogecoin (DOGE) $ 0.320532 4.64%
usd-coin
USDC (USDC) $ 1.00 0.09%
staked-ether
Lido Staked Ether (STETH) $ 3,378.99 1.89%
cardano
Cardano (ADA) $ 0.911066 5.13%
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)