The University of St. Gallen in Switzerland is setting its sights on blockchain technology to fight fake diplomas, a type of fraud that has been on the rise globally in recent years.
According to a CNN Money Switzerland interview from Sept. 19, the University of St. Gallen has announced that it is introducing a blockchain-based pilot project to verify the authenticity of its degrees in a matter of seconds rather than several days. The university’s CIO Harald Rotter said:
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