EduNFT: a secure NFT platform for Higher Educational Institutions

Abstract

Web 3.0 technologies such as blockchain, cryptocurrency, and Non-Fungible Tokens (NFTs) are progressively making waves. Despite their adoption in various sectors, their application in the education sector, particularly in Higher Educational Institutions (HEIs), is largely unexplored. Our research proposes the development of a secure NFT platform using blockchain technology, tailored for HEIs. The primary aim of this research is to authenticate rewards, and certificates, and digitalize badges using NFTs, minimizing potential fraud and enhancing data security. Reward NFTs can enhance students' and teachers' career recognition and credit. EduNFT is a ‘first of its kind’ in the Sultanate of Oman in creating a Web 3.0 technology-enabled campus where students are rewarded with digital assets (NFTs) for their achievements by the teachers or the institution over an NFT platform in a secured environment. It runs on the Polygon blockchain which is a "layer two" or "sidechain" scaling solution that runs alongside the Ethereum blockchain - allowing speedy transactions with low fees. The research methodology incorporates an authentication process that requires users to log in via their crypto wallets which enhances security and maintains user privacy. Instead of traditional physical rewards, this digital approach allows achievements to be stored perpetually in the blockchain, reducing risks of loss or damage. The proposed research empowers an impressive expansion of NFT utilization in higher education, contributing to the ongoing growth of the NFT space. The outcome, a pioneering NFT platform powered by Web 3.0 technology, stands to revolutionize the higher education sector, not only in Oman but potentially worldwide. In addition, the research serves as a crucial step toward integrating contemporary technologies into educational systems and furthering their evolution.