The Ministry of Education has chosen ledger technology NEM to curb fake degree certificates issued in the University Consortium. It is believed that NEM has the potential to derive the result as it is speedy and has authentication requirements as well as unique traceability features. MADICT– Majlis Dekan-dekan ICT (Council of ICT Deans) has brought this innovative idea in January 2018 and currently it has launched the e-Scroll system.
The Ministry had noticed experts in the Universities in Malaysia and proposed them to adopt and develop the ledger technology NEM. Also, it aims to provide expert training for developing the technology and making students more aware of the technology in the Malaysian Universities at the same time. It was stated that all Ph.D. students from IIUM graduating will receive their degree certificates verified through ledger technology NEM very soon.
To develop the ledger technology NEM for storing and securing each certificate data, the Ministry of Education has formed a team which is comprised of 6 International Islamic Universities include Universiti Malaysia Terengganu (UMT), Universiti Utara Malaysia (UUM), Universiti Teknologi Mara (UiTM), the International Islamic University Malaysia (IIUM) and Universiti Sains Malaysia (UMS). Whereas IIUM is the current Head of the University Consortium. Professor Datuk Dr. Norbik Bashah Idris from IIUM is leading the team and they will develop ledger technology NEM. Within a moment, the verification process of each certificate will be done through QR Code, New Straits Times reported.
NEM Foundation Provides Blockchain Services To Boost Economic Growth In Australia
NEM Foundation has decided to boost the economic growth of Australia by implementing the new ledger technology NEM in three sectors include government, academia and industry. With ledger technology NEM, government organizations can record transaction by improving transparency, establishing trust and preventing frauds. It helps every industry to change the way of maintaining the information related to a customer, supply chain and transaction. Various educational sectors can store data of degrees, transcripts and assessments, NEM official website reported.
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