{"id":4839,"date":"2021-02-09T17:58:45","date_gmt":"2021-02-10T00:58:45","guid":{"rendered":"https:\/\/blogs.ubc.ca\/etec523\/?p=4839"},"modified":"2021-08-31T16:53:34","modified_gmt":"2021-08-31T23:53:34","slug":"blockchain-technology","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/etec523\/2021\/02\/09\/blockchain-technology\/","title":{"rendered":"Blockchain Technology"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/blogs.ubc.ca\/etec523\/files\/2021\/02\/download-1.jpg\" alt=\"\" class=\"wp-image-4840\" width=\"394\" height=\"197\" srcset=\"https:\/\/blogs.ubc.ca\/etec523\/files\/2021\/02\/download-1.jpg 318w, https:\/\/blogs.ubc.ca\/etec523\/files\/2021\/02\/download-1-300x150.jpg 300w\" sizes=\"auto, (max-width: 394px) 100vw, 394px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">While many of us think of Bitcoin or another cryptocurrency when we hear the word &#8220;Blockchain&#8221;. However, blockchain technology is a distributed ledger technology (DLT) that allows data to be stored globally on thousands of servers, letting anyone on the network see everyone else&#8217;s entries in near real-time. Making every agreement, process, task, and payment have a digital record and signature that could be identified, validated, stored, and shared throughout a decentralized fraud-resistant platform. While this might not be we will immediately engage as educators, this technology incorporated into the fabric of school systems and most of the technology we use. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Some Examples <\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Transcripts<\/strong> -Academic credentials must be universally recognized and verifiable. Blockchain or\u00a0DLT technology could streamline verification procedures and reduce fraudulent claims of unearned educational credits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u00a0Identity\u00a0<\/strong>-With the increased number of learning apps and services, identity management is becoming a  big problem in education.\u00a0Blockchain technology can help users carry their identity around the internet. Users will be able access apps on decentralized networks and have data portability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Cloud storage.<\/strong>\u00a0As learners and education institutions store more data, Blockchain or DLT technology\u00a0cloud storage could offer safer and potentially cheaper alternatives. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Can you think of any other examples? Or is Blockchain just a fad? <\/p>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"How the blockchain will radically transform the economy | Bettina Warburg\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/RplnSVTzvnU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>While many of us think of Bitcoin or another cryptocurrency when we hear the word &#8220;Blockchain&#8221;. However, blockchain technology is a distributed ledger technology (DLT)&#8230;<\/p>\n<div class=\"more-link-wrapper\"><a class=\"more-link\" href=\"https:\/\/blogs.ubc.ca\/etec523\/2021\/02\/09\/blockchain-technology\/\">Read more<span class=\"screen-reader-text\">Blockchain Technology<\/span><\/a><\/div>\n","protected":false},"author":45779,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-4839","post","type-post","status-publish","format-standard","hentry","category-mobiletechnologies","entry"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/etec523\/wp-json\/wp\/v2\/posts\/4839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/etec523\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/etec523\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec523\/wp-json\/wp\/v2\/users\/45779"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec523\/wp-json\/wp\/v2\/comments?post=4839"}],"version-history":[{"count":1,"href":"https:\/\/blogs.ubc.ca\/etec523\/wp-json\/wp\/v2\/posts\/4839\/revisions"}],"predecessor-version":[{"id":4841,"href":"https:\/\/blogs.ubc.ca\/etec523\/wp-json\/wp\/v2\/posts\/4839\/revisions\/4841"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/etec523\/wp-json\/wp\/v2\/media?parent=4839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec523\/wp-json\/wp\/v2\/categories?post=4839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec523\/wp-json\/wp\/v2\/tags?post=4839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}