Blockchain application and its benefits in the field of education in Vietnam

Abstract

Blockchain is a new technology, widely used in cryptocurrency applications such as Bitcoin and Ethereum. However, it can also be applied in many other fields such as healthcare, real estate, and education. The application of Blockchain in education can help ensure the integrity, security, and reliability of information, enhance transparency and objectivity, and reduce counterfeiting and fraud. Instead of storing data on a centralized server, data on the Blockchain is stored on multiple nodes in the network. The nodes in the network together perform the validation and authentication of information. Each new block of data added to the Blockchain must be verified by the nodes in the network, which helps to ensure the integrity and security of the system. Blockchain is widely used in crypto applications like Bitcoin, Ethereum, and many other cryptocurrencies, but it can also be applied in many other fields like healthcare, real estate, logistics, and more again.