ACE Receives ED Funds to Explore Blockchain's Potential

blockchain

The American Council on Education is exploring the use of blockchain in education with a new initiative funded by the U.S. Department of Education. The Education Blockchain Initiative seeks to "help identify and evaluate ways that blockchain technology can improve the flow of data among educational institutions and employers while empowering individuals to translate educational outcomes into economic opportunity," according to a news announcement.

"This work is about exploring the potential of blockchain technology to give learners greater control over their educational records," said Ted Mitchell, president of ACE, in a statement. "It's about enabling more seamless transitions between and across K-12, higher education and the workforce. This initiative will explore how this nascent technology can break down barriers for opportunity seekers to fully unlock their learning and achievement."

A steering committee made up of experts in technology and education as well as workforce stakeholders will oversee the initiative. Members include:

The committee will oversee the development of a research paper that will "review the current use of blockchain in education as well as identify opportunities and challenges for potential applications that can advance equity in educational and workforce outcomes." In addition, the initiative plans to launch a competitive challenge to fund blockchain pilot programs, with winners to be selected by the committee members. A process and criteria for pilot project selection will be released later this year.

"Blockchain holds vast potential to better connect learning in diverse contexts and help students achieve their education and workforce goals and ultimately improve mobility," said Louis Soares, ACE's chief learning and innovation officer and lead for the initiative. "ACE is excited to lead this work and ensure the learning from this project is accessible across educational institutions."

About the Author

Rhea Kelly is editor in chief for Campus Technology, THE Journal, and Spaces4Learning. She can be reached at [email protected].

Featured

  • lock with a glowing keyhole integrated with a transparent, layered server stack against a dark background with a subtle grid pattern

    Cohesity Integration Adds Protection for Red Hat OpenShift Virtualization Workloads

    AI-powered data security company Cohesity has expanded its collaboration with Red Hat to enhance data protection and cyber resilience for Red Hat OpenShift Virtualization workloads.

  •  black graduation cap with a glowing blue AI brain circuit symbol on top

    Report: AI Is a Must for Modern Learners

    A new report from VitalSource identifies a growing demand among learners for AI tools, declaring that "AI isn't just a nice-to-have; it's a must."

  • Abstract AI circuit board pattern

    New Nonprofit to Work Toward Safer, Truthful AI

    Turing Award-winning AI researcher Yoshua Bengio has launched LawZero, a new nonprofit aimed at developing AI systems that prioritize safety and truthfulness over autonomy.

  • modern college building with circuit and brain motifs

    Anthropic Launches Claude for Education

    Anthropic has announced a version of its Claude AI assistant tailored for higher education institutions. Claude for Education "gives academic institutions secure, reliable AI access for their entire community," the company said, to enable colleges and universities to develop and implement AI-enabled approaches across teaching, learning, and administration.