Yu Minhong: Blockchain is likely to replace the college entrance examination in the future

Recently, the 8th China Innovation and Entrepreneurship Contest, the Special Competition for Small and Medium Enterprises (New Oriental Session) was held in Chengdu High-tech Zone. New Oriental Education Technology Group Chairman Yu Minhong delivered a speech at the scene. He said that he believes that blockchain can be applied to education. Blockchain, as an immutable distributed information storage, is likely to replace China's college entrance examination in the future. The blockchain records all the learning data of high school students, plus big data technology, and finally can extract the student's learning level report without the college entrance examination. But from the blockchain + application until the end can become the basis for student learning records, this path is very long and can not be made in an instant.