Blockchain, a distributed ledger provides a way for information to be recorded, shared and accessed by a community. For an instance, Bitcoin is the first example of blockchain technology – a simple yet elegant solution that recorded transactions and has also outlived the digital currency it was actually designed for.
Other people might have countless new applications for blockchain, but it depends on how you want to use it, for example, usage of blockchain technology that offers a solution to improve the accuracy of the doctors’ directories.
Another area of interest includes the usage of blockchain technology within the IT audit, assuring to enable continuous monitoring. In simple terms, to create a process as to how one can manage and evaluate life experiences that are relevant to the development of information security professionals.
OpenCPE, what it is?
OpenCPEs, a concept used for a blockchain-based framework to manage Continuing Professional Education (CPE) credits acting as a pseudo-digital currency. OpenCPEs allow individuals, conferences, professional accreditation bodies, and other members of the information security community to submit, validate and consume the CPE credits. The OpenCPEs framework also includes the combination of technical specifications, guidelines, submission, and proposed governance model etc.
OpenCPE provides benefits in various sectors, let us talk about it one by one.
- The industry
Since it is a publicly available ledger of security industry educational activities, OpenCPEs enables automation and the ability to exchange information between companies that can create good educational opportunities. This also applies to associations that offer leading industry credentialing. As a whole, everyone can work together to help reward professionals that are seeking to participate in the industry. This will increase the expertise of the industry.
- Professional accreditation bodies
It is now easy to submit CPE opening up new ranges of activities that are CPE recognised. This helps reduce the strife for professionals seeking to take up certification further increasing the loyalty to the association by providing the desired blockchain certification.
OpenCPEs also offers an avenue for professionals in the information security system to receive credit for activities they participated. The information security professionals also have an opportunity to differentiate themselves from the other pack by accumulating high-quality CPEs.
- The employers
The employers are able to distinguish the candidates between the ones who have maintained the minimum amount of activity maintaining their industry certification from the ones who excel and have accumulated a great amount of educational experience.
- The information security system
The conference providers can increase attendance by guaranteeing a simple and automated process to award CPEs to the attendees. Groups such as professional associations, open source projects, and other groups will also be able to increase participation by rewarding individuals with CPE credits.
How OpenCPE’s function?
Much of this issue is yet to be resolved until we get more people to design the framework. However, the information security community is growing at a rapid pace but is it led by a small number of associations, conferences, and vendors. The system must be prototype through which the involvement of major players can be integrated.
OpenCPEs is likely leveraging Open Badges standard to display their achievements and skills. Talking of which, CredBadge, a digital platform provides seamless authentication with verification of credentials across the digital media all across the world. Integrating your blockchain credentials will leverage your skills among the players that are already in the industry. Blockchain credentialing is a record of your achievements and evidence of skills achieved.
The OpenCPEs also leverages blockchain for recording CPEs that can be submitted by professional accreditation bodies, individuals, research institutions or individuals etc. Now a professional accreditation body administering a specific credential will have their own rules as to the CPE. You need to make sure it will be accepted out of the blockchain. The notion of authoritative CPE providers evolves time to time that too through the governance model.
Not all CPEs provide the same level of trust, the blockchain will then provide the required transparency to allow market forces to recognise the quality of CPE providers. To catalyse development, a sample interface should be created on popular platforms. This will help automate and integrate the functionalities within the ecosystem.