Connecting Bitcoin Blockchain with Digital Learning Chain Structure in Education
Abstract
In the present paper, an extension of the Bitcoin (BTC) structure is introduced, with a proprietary and unique DLCC (Digital Learning Chain Structure) blockchain, through which an automated bursary payment system could be constituted, which has, until this day, never been implemented at universities. Thus, an alternative is offered to achieve a bursary payment system, operating in a fully automatic, periodically repeating manner, never requiring supervision. In the DLCC blockchain, specifically, in the Smart Contract, the terms of contract are kept, concerning the bursaries, terms agreed by both parties (students and universities alike). A great advantage of the DLCC system is that it is able to extract the required grades from the electronic grade book, thus supervising the students' progress throughout the semesters. Upon reaching the end of each semester, if the student qualifies, meeting the requirements, the system will transfer the required quantity of cryptocurrency from the university's account automatically to the student's account.
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