I came across an interesting concept. The use of blockchain technology to validate academic (and other) achievements. I could find that allegedly the office of the registrar's at Stanford is invested in this. However, to gauge the potential, one would need to find out how many human resources are invested in performing the services that blockchain is supposed to automatize. It was suggested by some authors that cost could be cut here; but how large ist this effect really?
For large and prestigeous universities, how many employees are busy all day long confirming to companies or other universities whether a student's transcript is actually legit?
I cannot imagine this to be any more than a handful of people?