Category: University

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Decentralised technology is enjoying its first day at school

Categories Blockchain, Cryptocurrency, ICOs, European Commission, European Parliament, University, Technology, Ethereum

Decentralised technology is enjoying its first day at school

When we hear the word ‘blockchain’ most of us associate it with cryptocurrencies. Whilst this may be true to some extent, the real potential of blockchain far exceeds just transfers of value. Over the last 18 months, many more use cases for blockchain have been discovered and it seems to be gaining a foothold in a range of industries.

But when it comes to the education sector, blockchain has taken some time to find its feet and to even conceptualize, let alone become functional. Over the last couple of months, a handful of universities have started issuing degrees on the blockchain, but this is not even scratching the surface of its potential.

This could be for a couple of reasons – firstly, educational leaders and institutions have a reputation for being slow to adapt to new technology and secondly, learning is still a quintessentially human experience. But despite this, it seems that finally as we enter the last quarter of 2018, blockchain is enjoying its first day at school.

The sudden increase in interest of blockchain in education is due to the realization of some core issues.

Firstly, issuing transcripts and accessing records of academic achievement is an extremely labour intensive process and impossible to access any time and any place. Couple this with increased mobility and on-going and life-long learning and you find yourself in a situation where the necessity for having access to complete, multi-jurisdictional, and instantly accessible qualification records is a necessity. These needs are well served by blockchain technology and in the last couple of months, around 100 educational institutes have taken steps towards integrating such a system into their operations.

Now it seems that institutions within most EU states are looking at Ethereum-based blockchains to help them set up efficient and immutable record keeping systems that can be accessed on a permission-based basis. This system will be especially useful in countries where there are issues with certification and qualification fraud.

The promise for blockchain in the academic world is real and it is picking up some serious momentum as 2018 comes to a close – it is not a matter of its possibility to happen, but rather the timelines of its implementation.

 

If you have any questions in relation to ICOs, please contact us on [email protected]

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The E&S Group KSU Fresher’s Week Winner

Format AsideCategories University, Academics, Education, Competition, KSU

The E&S Group KSU Fresher’s Week Winner

As you already know the E&S Group team took part in KSU Fresher’s Week organised at the University of Malta where we held a competition for attentiveness and agility among the University undergraduates. We offered the participants to go through the labyrinth as fast as possible to have an opportunity to win the main prize – a tablet.

During the 5 days of Fresher’s Week, nearly 100 young people participated in this competition of skill whilst also trying out their luck. Last Monday the front-runner of the competition was announced. 

 The winner of the maze competition was Liam Grech, to his disbelief, with the fastest time achieved, 4.92 sec to be exact! Liam is undergraduate doing his Bachelor of Science (Honours) in Mathematics and Statistics and Operations Research. Let us wish him good luck in writing his thesis this academic year and promising career prospects!

E&S Group provides a range of services including ICO Legal Services, Corporate Services, iGaming, International Tax Planning, Financial Planning, Tokenomics, and more. If you are a student willing to work in one of these fields in the future, be sure to get in touch!

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Refreshing KSU

Categories Malta, The Blockchain Island, E&S Group, University, Academics, Applications, Education, KSU

Refreshing KSU

E&S Group was participating in the KSU Fresher’s Week organised at the University of Malta, 1-5 of October. There are around 11,500 students, including about 1,000 international students from 92 different countries and 450 visiting overseas students, following full-time or part-time degree and diploma courses in the Maltese University. on the 1st week of October fourteen Faculties, eighteen Institutes, thirteen Centers and three Schools of the campuses in Msida and Valletta opened their doors for the freshers.

The opening ceremony was followed by numerous workshops, quests, games and activities organised by the University’s students communities and partnering organizations, including E&S Group which had its tent welcoming students and graduates. During the 5 days of the event, the company representatives from legal, accounting, corporate and marketing departments were inviting students with a related background to complete the internship with E&S Group. As a result, we got 37 applications from law students, 45 – from economists and accountants, and 35 application forms were filled in by undergraduates studying education, communications, media and design.

Except for spreading the information about its services and career opportunities, the E&S team also organised the competition where the winner is to get the tablet as the main prize. The number of participants reached almost 100! We are comparing top 5 results now to get in touch with the lucky winner as soon as possible, so keep your cell phone on.

E&S Group is growing and will be happy to see young talents among its professionals. If you miss the opportunity to visit our stand, the information about our operating principles, services and the company development can be also found in our brochure left in the following departments: Faculty of Economics, Management & Accountancy (FEMA), Faculty of Information & Communication Technology (ICT), Faculty of Laws, Institute of Digital Games, ICT Building, IT Services, Library, DegreePlus, KSU noticeboard.

 

E&S Group provides a range of services including ICO Legal Services, Corporate Services, iGaming, International Tax Planning, Financial Planning, Tokenomics, and more. If you are a student willing to work in one of these fields in the future, be sure to get in contact!

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E&S Group Announces Participation in KSU Fresher’s Week 2018

Categories Tax, iGaming, Blockchain, Cryptocurrency, Malta, ICO Legal Service, Law, E&S Group, University, Technology, Tokenomics, DLT, KSU, Corporate Services

E&S Group Announces Participation in KSU Fresher’s Week 2018

As Malta continues to stride towards solidifying its reputation as the ‘Blockchain Island’, E&S Group is proud to announce its participation in the KSU Fresher’s Week 2018 at the University of Malta.

Held in between the 1st-5th of October 2018, the KSU Fresher’s Week gives new students the opportunity to meet not only each other but also businesses involved in the sectors they may one day wish to work in. E&S Group will have a stand at the event where students are invited to come and meet the team, network, make contacts for future internship opportunities, and learn about the range of services the company provides. Students will also be able to get their hands on merchandise and enjoy a range of games and competitions throughout the week.

E&S Group is a boutique law firm, located in the heart of St Julian’s. Whilst based in Malta, their client portfolio has a global reach across multiple sectors and disciplines. As Malta’s cryptocurrency and blockchain sector continue to increase, so does the demand for special legal professionals with an interest in these emerging industries.

Lawyers and accountants with experience and knowledge in ICOs, cryptocurrency, and blockchain technology are in demand, and as the sector is still in its infancy, this demand is set to grow exponentially. E&S Group is looking to inspire, educate, and develop the talents of potential digital market participants, as well as to attract the island’s brightest professionals to a sector that is set to revolutionise the local, and international economy.

E&S Group provides a range of services including ICO Legal Services, Corporate Services, iGaming, International Tax Planning, Financial Planning, Tokenomics, and more. If you are a student willing to work in one of these fields in the future, be sure to stop by the E&S Group stand to say hello!

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Oxford researcher wants to open the first blockchain university in Malta

Categories Blockchain, Cryptocurrency, Malta, The Blockchain Island, University, Technology

Oxford researcher wants to open the first blockchain university in Malta

An Oxford research fellow,  Joshua Broggi is looking to open the world’s first blockchain University, in Malta.

A co-founder of Woolf University, Broggi and three other directors have announced plans to open a blockchain-powered university on the island. The university will run on a completely blockchain-based system in an effort to save on operating costs and to increase efficiency by automating all administrative procedures. This is in addition to the fact that the immutable and trustworthy nature of the technology means that all degrees earned from the university will be secure and validated on the blockchain.

“We use a blockchain to create efficiencies by managing custodianship of student tuition, enforcing regulatory compliance for accreditation, and automation a number of processes,” Broggi told Forbes in an interview.

The university will offer a range of courses both online and on-site and its structure is designed to encourage earning anywhere in the world, via tailor-made tutorials. Both students and teachers will be able to “check in” to a lesson which will trigger a series of smart contracts which will validate activities such as attendance and the completion of assignments whilst also paying the tutor for their time.

Students will also receive micro-credits for completing certain tasks and these credits will be able to be used towards paying for their course.

Blockchain technology is already being used in a number of universities for recording and authenticating degree certificates it has also caught the attention of various universities such as the University of Oxford, Cambridge University, and Kings College London.

The original plan was to gain funding for the project through means of an ICO, but Woolf announced that they have received enough private funding to be able to negate this step.

Broggi and his team aim to open a total of five colleges but due to Malta’s reputation as the “blockchain island”, it was an obvious first choice.

Malta’s Prime Minister Joseph Muscat said in a statement:

“As an island country, Malta has a long tradition of looking beyond its own borders, and Malta is now developing a robust regulatory framework for distributed ledger technology. Both the educational policies and the blockchain policies are supportive of Woolf’s aims and we look forward to continued work with Malta as they become ‘the blockchain island.’”

 

E&S Group is a leading corporate & law firm offering various services with regards to ICOs. Feel free to contact us directly on +356 20103020 or by email at [email protected] to find out how E&S can help you in ‘making things happen’.

For more information click the link.

 

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5 ways DLT Technology can improve education

Categories Blockchain, Cryptocurrency, ICOs, University, Technology, Education

5 ways DLT Technology can improve education

Blockchain is a public ledger, distributed across multiple nodes that automatically records and verifies any transactions that are made on it. This technology powers cryptocurrencies such as bitcoin and Ethereum but it also has the ability to change a range of other industries, including education.

But how can it transform the traditional sector of education? Here are just a few ideas.

  1. Currently, degree certificates are easy to forge. One can log onto the internet, pay a fee and receive a fake credential in a matter of hours- something that causes a big headache for employers. Several universities around the world have already implemented a system of granting degrees over the blockchain, meaning that it is impossible for anyone to forge, alter, or add to without the correct authorisation.
  2. Sony Global Education has created an educational platform along with IBM that uses blockchain to store and share student records. Using this platform, comprehensive student records can be stored in one place and can be accessed easily by anyone who is given access to the network.
  3. In the near future, students will be able to create and store their CVs on the blockchain. Each qualification or work experience section can be authorised in an immutable way, meaning that the days of people lying on their CV’s will be over.
  4. Smart contracts can be used to manage students’ and teachers’ attendance, particularly when a minimum amount of attendance is necessary to pass a particular module. By ‘checking in’ on the network, smart contracts can then execute a number of steps that validate both assignment and attendance completion.
  5. DLT can help the way that libraries collect, store, and verify documents as well as digital rights for papers, documents, and books. Enhanced metadata archives can support community-based collections and facilitate better management, and recalling of information.

These are just 5 ways that blockchain has the power to totally disrupt the education sector. From verifying students credentials to improving the management of institutions libraries, blockchain has the ability to bring many old ways of doing things, into the 21st century.

 

If you have any questions in relation to ICOs, please contact us on [email protected]

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Digital certificates on the DLT platform to be introduced in an Italian university

Categories Blockchain, Cryptocurrency, Smart Contracts, University, Technology, Ethereum

Digital certificates on the DLT platform to be introduced in an Italian university

The University of Cagliari, Sardinia is set to join a range of other international universities that will be offering digital certificates over the blockchain. The system was introduced at the graduation session of Computer Science on the 20th of July and will be rolled out across other programmes later in the year.

The decision to switch to blockchain issuing was taken by the university following concerns around the manipulation or falsification of certificates. By using the Ethereum blockchain, the certificates become completely immutable and allow employers to hire students without any concerns over authenticity.

The Director of the University of Cagliari, Maria del Zompo said:

“We have decided to guarantee the authenticity of our graduates’ European certificates with this technology because we intend to equip them with a modern, simple and immediate tool that can be used anywhere in the world. A degree certificate, whether on paper or digital, is easily falsified or altered. Thanks to this technology, our students can guarantee the authenticity and integrity of their digital certificates to potential employers all over the world, in a simple and free manner. Our system does not require the availability of specific apps on smartphones, or access and registration to a specific site. It all takes place in a simple way and with free access tools.”

The new system will allocate one specific registration for each degree session that is unique to the student that takes it. The authenticity of it can be verified by anyone who has an internet connection and can follow the instructions provided on the website of the university. The project was developed in collaboration with FlossLab srl.

Computer Science professor, Gianni Fenu said:

“If the ‘computer signature’ of the document owned coincides with the registered one, integrity is guaranteed of the document The probability of obtaining a random coincidence is less than one divided by a number of 77 digits.”

Cagliari University joins a growing number of educational institutions across the world who have adopted similar systems. These include; Massachusetts Institute of Technology and The Indian Institute of Technology.

 

E&S Group is a leading law firm offering various services with regards to ICOs. Feel free to contact us directly on +356 20103020 or by email at [email protected] to find out how E&S can help you in ‘making things happen’.

For more information click the link.

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Stanford University studies blockchain and social impact.

Categories Blockchain, Cryptocurrency, University

Stanford University studies blockchain and social impact.

There is huge potential when it comes to blockchain and its ability to drive social impact, but how much is hype and how much is reality?

Many people believe that blockchain is set to infiltrate and revolutionise pretty much every major industry in existence, as well as altering the way that people and societies interact. A fledgeling technology that increases efficiency, is low cost and offers more transparency is about to have massive implications on sectors that are involved in driving social impact. The possibility of being able to transform existing systems through providing solutions that were previously inconceivable is here. But one question remains: is blockchain just the latest technological buzzword or are we at the pinnacle of something that is going to drive incredible social impact?

Stanford University recently conducted a study where they analysed 193 different organisations, initiatives, and projects that are utilising blockchain to drive social impact. Through mapping and cataloguing the blockchain sector, the research captured which applications have already begun to disrupt and create waves of social impact. It also identified which industries and use cases are more or less advanced, and what can be learnt from the many pilots, test cases, and experiments that are using blockchain for social impact.  Key findings from the study include:

We may be just beginning, but the impact is close

Whilst blockchain projects that are dedicated to social impact are still in the early stages (34% were started in 2017 or later and 74% are in the pilot stage) it is estimated that 55% of social blockchain initiatives will impact beneficiaries by the end of this year.

The blockchain is paving the way for things that were not previously possible

20% of the 193 blockchain initiatives that were researched would not have been possible without blockchain and 86% of them offer distinct improvements on existing solutions.

The blockchain is most common in payments and record verification

The most popular uses for blockchain technology are records and verification (26%) and payment and money transfers (25%). The most popular primary benefits are reducing risk and fraud (38%) and increasing efficiency (24%).

To know more about ICO legislation in Malta please follow this link.

Contact us directly on +356 20103020 or by mail at [email protected] to find out more.

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