An article published in The Public Eye by Fieldfisher provides a brief overview of what blockchain technology is and offers some potential ways it could be used in the professional regulation arena. One area that could be addressed by blockchain is ensuring the authenticity of professional qualifications held by international applicants; a decentralized management system could allow regulators to "verify 'ownership' of a qualification, preventing fraud and allowing regulators to easily confirm qualifications without the costly and potentially hazardous posting of original documents." The article also suggests the possibility of creating a secure professional identity that would allow the public to "ascertain the professional's registration, qualifications and current ability to practice," furthering public confidence in the profession.
October 17, 2017
