Educational Certificates In Malta Will Be Stored On A Blockchain

According to local crypto news media MaltaToday, all of the educational certificates issued in Malta will be stored on a blockchain.

This initiative comes after a two-year-old pilot project which includes all of the country’s schools including the secondary school certificates that are issued by the state, independent schools and church certificates.
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The report shows that the Maltese government signed a contract for the following two years with a software company Learning Machine that will help build the pilot project.

While the signing ceremony was taking place at Castille, the Maltese Prime Minister Joseph Muscat claimed that the country is the first one in the world to store all educational certificates on a blockchain and was cited saying:

 “In 2017, we said Malta will become the blockchain island, and it has.”

As previously reported, back in January, the University of Bahrain also announced storing the diplomas on the blockchain. The university initiative is a part of the digitization strategy. Also, the Massachusetts Institute of Technology also issued blockchain-based digital certificates for more than 100 graduates that were a part of a pilot program since October 2017. The certificates were issued through a special app in order to protect the certificates and make them ‘’tamper-proof.’’

In 2018, the government in Malta passed a couple of crypto bills that provide legal certainty for blockchain-related businesses. The Junior Minister for Financial Services, Digital Economy and Innovation Silvio Schembri said:

 “The three Bills that will regulate distributed ledger technology (DLT) have been approved by Parliament and enacted into law. Malta , the first world jurisdiction to provide legal certainty to this space.”