“Blockchain Ecosystem” / @DeviantArt
A distributed ledger is a consensus of replicated, shared, and synchronized digital data geographically spread across multiple sites, countries, or institutions. One form of distributed ledger design is the blockchain system, which can be either public or private. A “smart contract” is a program that runs on the blockchain which makes it possible for economic activity to proceed without a central authority; securely and reliably. Blockhain can be installed at the foundation of educational enterprises to enable collaboration and to merge both business and operational activity with the financial transfers that are involved with that activity.
Consensus products for this technology evolve in consortia and open-source platforms which, at the moment, are run by a different cast of characters than the city or state Fire Marshall with whom most education facility managers are most familiar. Join us today as we update our understanding of the vocabulary and state of the art as it pertains to higher education’s real assets.
At our usual time 11 AM/ET. Use the login credentials at the upper right of our home page.
