Blockchain adoption continues to grow exponentially as countries around the world find new and innovative uses for the groundbreaking technology.
Now, the Caribbean Examinations Council (CXC), the organization tasked with managing certifications in the region, has begun testing a pilot system aimed at storing examination results on a blockchain. The new system will provide additional security against loss of data in a region that is particularly affected by natural disasters such as hurricanes, earthquakes and volcanic eruptions.
The first phase of the pilot will place the examination results of 24,000 students who recently completed their 2018 finals on the new blockchain. The certificates will be issued in the form of Blockcerts which utilize an enterprise platform designed for official recording called Learning Machine Federated Issuing System. CXC Registrar Glenroy Cumberbatch believes the system will improve security and provide greater functionality to users.
“Our candidates as well as users of the certificates, that is, employers, colleges and universities will find Blockcerts very convenient to use,” he said.
Candidates will receive their certificates via a dedicated blockchain wallet on the open-source Blockcerts blockchain which provides strong security and verification.
The popularity of blockchain technology is growing in the Caribbean, with Forbes magazine recently lauding the area as an “idyllic blockchain sandbox”. The article mentions the administration of David Burt, premier of Bermuda, and the newly elected Prime Minister of Barbados, both of which are working toward expanding fintech and digital currencies on the island nations.