Building on earlier work done at the Media Lab, MIT has formed the Digital Credentials Consortium an international network of universities to develop a shared system for digital academic credentials.
See https://digitalcredentials.mit.edu for more information.
Public ledger technology enables us to develop new tools, standards, and strategies to store and manage digital academic credentials. Certificates can be cryptographically signed and tamper-proof. They can represent or recognize many different types of achievements.
After developing a number of prototypes (we issued digital credentials to Media Lab Director's Fellows and Media Lab alumni) our code base grew into the largest open-source project for digital academic credentials. We have since shifted efforts to contributing to the Digital Credentials Consortium.