January 18, 2019· arXiv (Cornell University)
preprint
Open access
TEduChain: A Platform for Crowdsourcing Tertiary Education Fund using Blockchain Technology
Abstract
Blockchain is an emerging technology framework for creating and storing\ntransaction in distributed ledgers with a high degree of security and\nreliability. In this paper we present a blockchain-based platform to create and\nstore contracts in between students and their higher education sponsors. The\nsponsorship might be in any form, such as scholarship, donation or loan. The\nfund will be arranged and managed by a group of competitive agents\n(Fundraisers) who will hold the distributed ledgers and act as miners in the\nblockchain network.\n
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