IBM and Sony Announce Educational Platform On Blockchain

Corporate giants Sony and IBM have become the latest companies to partner up in developing applications for the blockchain — in this case, an educational platform designed to facilitate the secure exchange of student data.

The service, which is being launched by Sony’s educational offshoot, Sony Global Education, is expected to launch next year, and could introduce significant security and efficiency benefits for the storage and exchange of student records.

The platform is being developed on IBM Blockchain, the infrastructure set up specifically to work with clients in developing blockchain solutions for a range of commercial applications.

The system will be targeted at both primary and higher education establishments, and will enable student information relating to progress and attainment to be securely recorded, stored and exchanged between institutions across the network.

Sony has also indicated that the platform will be used as a building block for additional services in future, which will leverage data stored on the blockchain to provide a range of services to educational institutions.

Masaaki Isozu, Sony Global Education’s president, said the underlying technology had the capacity to revolutionize the way the education sector handles student information.

“Blockchain technology has the potential to impact systems in a wide variety of industries, and the educational sphere is no exception when educational data is securely stored on the blockchain and shared among permissioned users.”

Beyond education, Sony has also stated it is examining alternative applications for the technology in supply chain logistics, another industry that looks set to benefit hugely from this emerging technology.

“Sony Group is also considering innovative ways to make use of blockchain technology. It will continue evaluating this system going forward as it works towards the creation of appealing products and services in a host of different fields.”

The news comes at a time when a significant number of companies are developing proofs-of-concept for blockchain apps, with existing projects moving from testing phases into deployment throughout this year.

As the technology continues to mature, analysts expect the coming 12 months will see a large number of applications launch in key sectors, offering substantial efficiency and security gains for those leveraging the technology.