Blockchain News

South Korean College to Current NFT Certificates for Graduates

Written by James Smith

Sungkyunkwan College (SKKU), a prime personal college in Suwon, South Korea, seeks so as to add flavour to its commencement ceremony slotted onFebruary 16, by providing (non-fungible token) NFT certificates to a few graduators due to their wonderful efficiency at school.

In line with native information protection, the announcement reads:

“If the certificates is made with NFT, the benefit is that the unique can at all times be stored with out the chance of loss or forgery, and can be utilized as an official certificates anytime, wherever.”

Moon Kyung-won, a Tenth-grade pharmacy graduate, would be the major recipient of the NFT award as a result of he far outweighed his 40 hours commencement requirement by clocking 284 hours of volunteer work, mentoring and guiding kids from North Korea refugee households.

Sungkyunkwan College acknowledged that its resolution to make use of NFTs was reached as a result of they’re impressed by blockchain know-how, giving the content material a novel recognition worth by remodeling photographs, music, and photos right into a non-replicable format. 

The college added:

“It’s a custom-made occasion for Era Z who’re fascinated with digital property and metaverses, and it is usually a small comfort for ‘corona college students’ who’ve misplaced their campus life as a result of Corona 19 state of affairs.”

SKKU additionally plans to streamline on-campus administrative companies by way of blockchain know-how.

To woo younger traders, South Korean presidential candidates have announced crypto-friendly measures, provided that the nation has greater than 5 million particular person crypto accounts. 

Subsequently, Era Z could be a game-changer within the presidential elections slated for subsequent month as a result of smartphone possession amongst this group reached 91% this yr.

Moreover, the common degree of buying and selling expertise has fashioned a extremely receptive inhabitants to crypto property.

Crypto and shares have emerged as a super funding automobile for younger South Koreans who grapple with excessive lease in locations like Seoul.

Picture supply: Shutterstock

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James Smith

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