Frankfurt School Will Deliver Certificates Based On Blockchain
As part of the pilot program, graduates of one of the courses at the Frankfurt School of Finance and Technology Management will be able to prove their successful completion of the course with certification based on Blockchain.
For the pilot project, the Frankfurt School of Finance and Management works with Consensys, one of the leading software companies in the field of blockchain. Consensys has developed a decentralized application (DApp) for so-called sovereign credentials, in which certificates are not necessarily published on the blockchain, but only copied to the computers of numerous network members.
This makes the Frankfurt School of Finance and Management the first educational institution in Germany that offers its students certificates based on blockchain. The new technology is also used in Switzerland at the University of Basel. At the end of April, the Center for Innovative Financial Technologies (CIF) presented the course certificates registered on the Ethereum blockhouse.