All students between 14 and 19 will have their personal details and exam results permanently stored online according to a report from BBC.
The system will allow students to keep a safe and reliable record - what the Times calls a Tamperproof CV - of their academic qualifications and will be accessible using a permanent, lifelong Unique Learner Number (ULN).
It is expected that organisations that need to access a person's record - universities, potential employers and others - could get access to that data with the person's permission.
According to Reuters, Already 40 partners have joined in the project, called Managing Information Across Partners (MIAP).
While this would allow employers to be sure that potential candidates have a verifiable track record and qualification, it would still not solve the bigger issue of raising educational standards in the UK and will obviously not apply to foreign applicants or University students.
Also, there are fears though that this gold mine would attract the wrong crowd, especially since not much has been said about who will have the power to access and amend the database.
The government has already announced that it has plans to implement a Child database system, although this has been postponed.