What Do Digital Credentials Mean for Education?

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Digital credentials enabled by blockchain technology are having an increasing impact on higher education in the following key ways:

1. Credibility: They validate skills and achievements from any learning source in a tamper-proof, verifiable way.

2. Portability: Unlike traditional degrees, they are owned by students and transferable across institutions, borders, and employers.

3. Granularity: They break learning into smaller modular credentials that can accumulate over time into larger qualifications.

4. Personalization: Students can customize credential pathways based on academic and professional goals.

5. Motivation: They incentivize continuous, lifelong learning by enabling stackable micro-credentials.

6. Accessibility: By lowering barriers, they increase access to more affordable and flexible education opportunities.

7. Innovation: They support new models like competency-based education focused on skill mastery.

8. Relevance: They allow learners to keep credentials current by demonstrating the latest in-demand skills.

Digital credentials have the potential to profoundly disrupt the degree-centric model and shift power to lifelong learners in the 21st century economy.
 
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