Universities in Spain, Mexico, Italy, Switzerland, and the United Kingdom are using blockchain technology to issue academic degrees.
The Pontifical Catholic University of Argentina (UCA) will offer a Postgraduate course called “Law & Fintech: Regulatory Framework of Technologies in the Financial Sector,” according to what local media recently reported. This course will work under the virtual modality, from next Thursday, July 16th. The website of that educational institute of higher studies also reported the news.
Dr. Emiliano Carlos Lamanna Guiñazú is the Program Director, and the coordinators are Dr. Ignacio Torino, and Dr. Santiago Eraso Lomaquiz. “In the Pontifical Catholic University of Argentina we prepare an executive program so that, together with the leading experts and representatives of the sector, we analyze the regulation applicable to technologies in the financial sector,” Santiago Eraso says.
The planned modules for the students are as follows:
- General, legal, and regulatory aspects of the FinTech ecosystem.
- Regulatory framework of financial institutions.
- Payment methods.
- Corporate structures and tax aspects.
- Entrepreneurship Financing Methods.
- Electronic signature, digital signature, and electronic contracting of financial services.
- Online loans and Investment funds.
- Personal data protection. Labor aspects.
- Crowdfunding.
- Crypto assets.
- Blockchain and smart contracts.
- Criminal aspects and investigations. Digital compliance.
- Insurtech. Ecosystem, modalities, technical and regulatory aspects.
In this way, the postgraduate program will have 13 modules. The virtual study plan consists of 40 hours for three months. Almost 25 teachers participate in the program.
Argentina Adopts Blockchain Technology
Other higher education institutes in Argentina decided to use blockchain technology to guarantee reliability in the issuance of academic degrees. The Technological Institute of Buenos Aires (ITBA) began to issue diplomas, using blockchain technology, for all its courses.
Sebastián Mur, Director of the Technological Institute of Buenos Aires, commented: “We are working to digitize all the University’s processes. This novelty helps students to demonstrate their knowledge and helps us to have validated certificates.”
This system, which already works in universities in Spain and Mexico, seeks to offer greater transparency, traceability, and inalterability of the information whilst facilitating access to the degree and streamlining administrative procedures.
Some universities that use this system are the University Carlos III of Madrid (Spain), the University of Murcia (Spain), the Polytechnic School of Cartagena (Spain), the University of Cagliari (Italy), University of Cambridge (United Kingdom) the University of St. Gallen (Switzerland), the University of Guadalajara (Mexico), and Tecnológico de Monterrey (Mexico).
The advantages that blockchain technology offers in these universities are the verification of authenticity without any possibility of falsification, constant availability, the impossibility of loss or deterioration, ease of sharing the degree on social networks, or from a mobile phone, and the digitization of the degrees.
In Argentina, there is also an initiative called “Blockchain Node,” which seeks to promote a meeting space for those who are interested in using resources related to blockchain technology. In this way, Argentina continues adopting blockchain technology as other countries do around the world.
By María Rodríguez
