What is Giving Compass?
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Giving Compass' Take:
• Manoj Kutty created Greenlight Credentials, a blockchain ledger that will contain all student information such as transcripts and report cards to advance college and career preparedness.
• How does blockchain help both students and universities? Will high schools adopt this new tech?
• Read about how blockchain is bring used for social good.
For a century, high school transcripts have just been a list of completed courses and grades. But it’s still a hassle to call the high school registrar and request a fax copy of the transcript or have a copy mailed to a college.
In 2019, information is increasingly complicated to manage now that a growing number of students are taking classes at multiple high schools, earning college credits, and collecting industry credentials and work readiness badges from a variety of sources.
With growing interest in demonstrated competence over seat time and pedigree, many schools want to present a more complete picture of a young person’s capabilities. Dallas County high schools are going to deploy an extended transcript to more fully share career readiness information. Another example is the 250 schools that have banded together in the Mastery Transcript Consortium to create a new way to share demonstrated capabilities.
All this new information from new sources makes transcript security and portability a real challenge. Manoj Kutty thinks blockchain is part of the solution.
After 17 years leading Tata Interactive, Manoj Kutty launched LoudCloud, a competency-based learning platform. After six years of growth, Kutty sold LoudCloud to Barnes and Noble Education. To address the transcript dilemma, Kutty launched Greenlight Credentials last year.
The benefit of a distributed ledger technology like Blockchain is that it allows employers and colleges to have instant verification of a multiple-source transcript. For convenience and security, that beats a paper transcript received in the mail.
The big future opportunity is a marketplace where universities can search for applicants by category and credential and invite them to apply (or even offer acceptance based on verified credentials).
Read the full article about blockchain is helping students by Tom Vander Ark at Getting Smart