What is Blockchain Technology in Education? Blockchain formed the cornerstone for Bitcoin. A distributed ledger system, each entry is a block time-stamped, encrypted and replicated at all of the nodes along the chain. The often-applied application of the blockchain in Higher Education mainly has to do with consolidating credentials. How is Blockchain Technology Used in Higher Education? Blockchain in higher education can adapt the use of degrees, certificates, and diplomas to a digital format. Why is this technological innovation so important? In short, it: