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Malta blockchain

Malta Set to Store Diplomas on the Blockchain

There’s no surprise as to why Malta is called the ‘Blockchain Island,” thanks to its progressive stance on cryptocurrency regulations and 2018 relocations by several major exchanges. Now, one of the world’s smallest and most densely populated countries is giving blockchain enthusiasts and supporters another reason to label it as a blockchain paradise, with the Maltese government recently announcing a two-year contract with blockchain-anchored records system, Learning Machine, to secure educational certificates and diplomas on the blockchain.

Keep in mind that Malta isn’t the only country to issue diplomas on the blockchain, as the University of Bahrain announced its intention to do so earlier this year (January, 2019). And, back in mid-October 2017, the Massachusetts Institute of Technology (MIT) issued blockchain-based digital certificates to over 100 graduates through a “tamper-proof” application. However, Malta may be the first country in the world to secure diplomas and education certificates, at all levels of education, on the blockchain  

The Maltese government initiative is set for the “scaling-up” of a two-year test project, to place all of the nation’s educational bodies, including secondary school certificates, on the blockchain. The project is also positioned to help minimize bureaucracy and provide greater security for student personal information and private data. During the signing ceremony at Castille, Prime Minister Joseph Muscat praised the project in a short address, and acknowledged Malta’s entrenchment at the forefront of blockchain technology. “In 2017, we said Malta will become the blockchain island, and it has.”    

May 23-24 Malta Blockchain Summit

Malta Blockchain Summit

Malta’s recent push for integrating educational certificates onto the blockchain comes at a great time, with the Malta Blockchain Summit right around the corner in May, 2019. The summit will run from May 23rd to 24th at the Hilton, and feature speakers and presentations from notable names in AI, big data, blockchain, IoT, and quantum technology.  

Early bird tickets start at EUR $99, and increase to $129 by March 15th, and ultimately coming in at $399 for last minute tickets purchased after April 30th. There are also free events for those looking just to pop in, have some drinks, and catch an AI startup pitch.

Some notable speakers at the conference include Maltese Prime Minister Joseph Muscat, Tim Draper of Draper Associates, Ben Goertzel of SingularityNET, and Sophia the Robot – the world’s most expressive robot and one of SingularityNET’s first use cases. You can find a list of all speakers over at the Malta Blockchain Summit website.

Final Thoughts

In our present-day blockchain ecosystem, we’ve seen the “little guys” making some of the biggest pushes towards the implementation and integration of blockchain technology into government and traditional systems.

All the way across the Atlantic, New Hampshire and Wyoming have been quickly making strides towards mass cryptocurrency adoption, with Wyoming recently having passed several laws classifying cryptocurrency as property and governed under the Uniform Commercial Code, and New Hampshire in the midst of rolling out crypto payments for taxes and other fees. Malta’s integration of diplomas at all levels on the blockchain is one more point in favor of small dogs having the loudest barks.

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