A group of Woolf University academics are anticipating to bring one – on – one education system for students globally using Blockchain. The same has been scheduled to kick-start from next year onwards.

The distributed ledger technology will create an economic base for the students to avail education. Not only that, the platform will also facilitate increased remuneration for the teachers.

The students will be able to access their own personal data with ease through the platform. Then it will lead to transparency in the system. Similarly, blockchain will also provide security against any data breach. Only the people with permission can add any information to the nodes.

Joshua Broggi, Woolf’s Founder and Director also shared his views. He said that Woolf’s blockchain application will cut out the middle film of administration. It will help the management to avoid any unwanted issue within the University in the future.

The purpose is also to establish a direct contact between the students and the teachers. This will, in turn, build a good rapport. Definitely, it will function without the need of any authority. Students can avail this blockchain-powered educational system at $19,200 per year.

So, it will encourage the idea of establishing a “border-less university”. As all over the world students will be able to enroll themselves in the university, Broggi is very enthusiastic of its real-time implementation.