Noticias Crypto

German Frankfurt School to Issue Blockchain-Based Course Certificates

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The Frankfurt School of Finance & Management has introduced blockchain-based coursework certificates for its students.

The Frankfurt School of Finance & Management (FS) en Germany will now offer students the ability to prove their qualifications using blockchain technology, Cointelegraph auf Deutsch registrados Septiembre 17.

As part of a pilot program, graduates of one of FScourses on blockchain technology will be able to prove their successful completion of the course with a certification stored on a blockchain itself.

For the pilot project, FS is working with Consensys, one of the leading software companies in the blockchain field. Consensys has developed a decentralized app (DApp) for so-called self-sovereign identities, wherein certificates are not necessarily published on a blockchain, but only copied to the computers of numerous network participants.

The copies can be encrypted so that the owner of a particular node in the respective network can decide on a case-by-case basis which certificates he or she makes visible to other network participants. Thus, the blockchain actually makes credentials physically portable for the students.

Veronika Kütt, Research Associate at the FS Blockchain Center and Head of the pilot project, finds the opportunity to digitally present certificatesfascinating”:

We are doing pioneer work here. <…> Our students find it a privilege to be involved in new technology at an early stage. It’s a bit like the programming of the first public Internet sites in the mid-’90s.

Professor Philipp Sandner, Head of the FS Blockchain Center, added:

With the blockchain you can store personal data, such as a CV or identity card, as in a picture book. With our project we show how easy and comfortable that can be for the user. “

This makes the FS the first educational institution in Germany to offer its students blockchain-based certificates. The new technology is also being used in Suiza at the University of Basel. At the end of April, the Center for Innovative Finance (CIF) introduced course certificates registered on the Etereum blockchain.

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Tim Draper Predicts Total Crypto Market Cap of $80 Trillion in Next 15 Años
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Tim Draper Predicts Total Crypto Market Cap of $80 Trillion in Next 15 Años

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Billionaire investor Tim Draper has forecasted that total crypto market capitalization will reach $80 trillion in the next 15 años.

Venture capital investor Tim Draper has predicted that total cryptocurrency market capitalization will hit $80 trillion in the next 15 años, news outlet DealStreetAsia registrados Septiembre 14.

Speaking at the DealStreetAsia PE-VC Summit 2018 en Singapore, Draper argued that the significant slide in the cryptocurrency market in recent months is attributed to people who have not adopted digital currencies as a new asset class. Draper stated that once people become more familiar with the technology, it would transform many important industries globally:

“I think it’s going to have such a transformative effect on industries that we never even imagined would be transformable. The internet went after industries that were $10–100 billion dollar markets, cryptocurrency will go after trillion dollar marketsthese are finance, healthcare and insurance, banking and investment banking, y governments.”

In January 2018, Barron’s registrados that the Russell 3000 Indexwhich accounts for 98.5 percent of the entire ESTADOS UNIDOS. stock marketwas worth $30 trillion. The “staggeringamount of money followed a successful year in 2017, in which the market experienced 22 percent returns.

Draper also compared the current state of the crypto market with the early days of Internet, diciendo::

“The internet started in the same way, it came in big waves and then it kind of came crashing down, and then the next wave comes concentrated but much bigger, and I suspect the same thing will go on here (con Bitcoin).”

Brian Kelly of CNBC’s Fast Money compared cryptocurrency to the “Internet in the 1980sas well, pointing out that Bitcoin (BTC) is still in its early stages. Kelly asserted that while he used to see crypto as comparable to the Internet in 1995, he now understands that a better comparison is further back. He added:

“I think this technology is going to work, it’s going to be game changing, but it’s very early days, so we can have this massive volatility.

En el momento de la publicación, total crypto market capitalization is around $202 mil millones, Según CoinMarketCap.

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