By Nicolas E.M. Michiels, Principal and Olivia O’Hea, Summer Associate, Powers Pyles Sutter & Verville PC
This article explores the application of blockchain technology to postsecondary institutions. First, we report on the U.S. Department of Education’s (ED) efforts to study blockchain and assess how it can be used by the education sector. Second, we consider the opportunities and challenges for blockchain in a higher education setting. Finally, we discuss specific ways career colleges could leverage blockchain technology.