Pilot projects innovated opportunities to explore different ways to enable learners to retain and obtain greater control over their digital identities, expand employment opportunities, and diversify lifelong learning pathways through distributed ledger technologies and new relationships. The long-term success of blockchains and other distributed ledger technologies are contingent upon a variety of factors, but the top two are: (1) building a future-ready blockchain infrastructure, and (2) designing around the needs of end users (stakeholders). Funded by the U.S. Department of Education and managed by the American Council on Education (ACE), this report summarizes the objectives of the Education Blockchain Initiative (EBI), the objectives and key results of the Blockchain Innovation Challenge (BIC), and the work done by the selected four pilots. In addition, this report provides a valuable summary of the EBI efforts by documenting lessons learned and best practices identified by the four pilots and informing education practitioners, workforce developers, policymakers, technology developers, and philanthropies of the potential of ecosystems centered around the premise that learner and employment records, blockchains, and interoperability standards must empower learners to generate social and economic equity.