Banking, Finance, Insurance and Securities (BFIS) Information Technology (IT)

Saudi Arabia Kaust Tender

πŸ“„ Tender ID: 440220938 πŸ“… Published: 05 Dec 2018

πŸ“‹ Tender Overview

KAUST and Learning Machine Technologies announced on November 19 that the University will begin issuing Blockcerts blockchain-anchored credentials. The move positions KAUST among pioneering institutions around the world like MIT the University of Melbourne and Stanford University.Digital diplomas will be issued to all KAUST students graduating in December 2018 using the Learning Machine Issuing System. The diplomas will be anchored to the blockchain using Blockcerts the global open standard for portable secure and digital records that can be verified as official for a lifetime without cost. Developed jointly by MIT Media Lab and Learning Machine Blockcerts are led by a global community of contributors.It is imperative that KAUST as a world-renowned science and technology university takes a leadership position not only in the development of new and innovative technologies but also in the adoption and deployment of emerging technologies that provide significant value to our students and alumni stated Jason Roos KAUST chief information officer. We are excited to partner with Learning Machine to leverage the unmodifiable properties of blockchain while issuing digital diplomas which will facilitate more secure and easier means of verification for our future graduates.Scott Bray KAUST registrar noted This move towards cutting-edge digital technologies is just one way we are enhancing the experience for our students and graduates complementing our suite of digital services. The Universitys Registrars Office now has the ability to offer both secure and accessible degree verification along with leading institutions such as MIT and Stanford.Mohammed Halawani manager of KAUST IT Emerging Technology Strategy Performance stated It is an exciting opportunity for KAUSTto adopt the Blockcert technology. This move will set the University at the forefront of the digital transformation happening in the Kingdom and will be a first step towards building a new digital assertion concept. We aim to define a futuristic strategic direction for KAUST using blockchain along other disruptive innovative and emerging technologies that aligns with the KAUST vision and contributes to the realization of Vision 2030.Kausar Samli senior vice president of Global Services at Learning Machine said I have been deeply impressed by KAUSTs commitment to driving technological change.The advantages of using Blockcerts include offering a faster simpler and more secure way to issue official records validate documents and verify identities. This provides issuing institutions and recipients with lifelong ownership of their credentials without relying on a software vendor for ongoing access and verification.The flexibility of Blockcerts means that documents can be anchored to any blockchainpublic private or permissioned. Recipients receive store and share their digital diplomas via their Blockcerts Wallet a free mobile app that acts as a private credentials portfolio accessible exclusively by the recipient. The recipient may choose to share their Blockcerts with any employer government or educational institution in the world instantly and without cost for immediate verification.

πŸ” Key Information

πŸ“„
Tender Reference No.
440220938
πŸ“…
Publication Date
05 Dec 2018
🌐
Sector
Banking, Finance, Insurance and Securities (BFIS)
πŸ“
Notice Type
News
πŸ“
Location
Saudi arabia

πŸ“ Documents & Downloads

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🧭 Quick Facts

Authority N/A
Country Saudi arabia
State / UT N/A
Tender Type Procurement News
Currency N/A
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