Project description
Blockchain technology for academic degrees
Today’s higher education industry is among the fastest growing education sectors. However, recent technological developments such as online and corporate universities represent new challenges that contribute to making traditional universities unsustainable. Academic degrees in paper form, for instance, limit the user’s access to a labour market conditioned by digital technology. The EU-funded SmartDegrees project proposes an innovative and disruptive solution based on blockchain technology that increases digital support, adds user’s digital identification and allows expansion to other sectors such as healthcare. SmartDegrees innovative platform introduces a new business model that secures reliable registration and certification of academic degrees by converting them into dynamic digital assets.
Objective
The higher education sector is one of the most attractive and growing sectors1, but is undergoing profound changes, due to disruptive innovations, such as the online and corporate “universities”, in addition to sustaining ones related to the Internet, mobile phones and new technologies. To avoid disruption, the universities must develop innovation strategies. The model of traditional universities has become unsustainable The academic degrees are an example of the existing obsolescence, since its support in paper limits the value to the user accessing the labor market, whose processes are digital. The university is changing and blockchain will be key, which will be the most important and most disruptive technology for education, allows:
(i) Address current job-to-be-done in degrees: enhancement, digital support, (ii) Add other opportunities, such as user's digital identification, (ii) Expansion to other sectors, such as healthcare. SmartDegrees provides a unique platform addressing a new business model for the registration and certification of academic degrees, in blockchain to secure and provides an efficient process for all stakeholders (academic institutions, companies and graduates) SmartDegrees converts the degree in a digital asset secure and dynamic in the profesional and social life of people.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences internet
- natural sciences computer and information sciences computer security cryptography
- social sciences economics and business business and management business models
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications mobile phones
- social sciences economics and business business and management employment
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
28010 MADRID
Spain
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.