Blockchain based Transcript Processing

Abstract

Blockchain has emerged as a revolutionary technology which provides secure and distributed mechanisms, from wider applications of cryptocurrencies to application areas such as property registration, insurance etc. It has features like distributed ledger that eliminate the need for a trusted third party to facilitate transactions. The emergence of smart contracts – blockchain-based protocols that can automatically execute a contract – has accelerated the spread of the technology to new application areas. Higher education is one field where suitable use-cases are prompting innovators to start using blockchain. With the world moving towards digitisation, there is a need to deliver data and important documents to students in higher education institutions via digital platforms while maintaining the integrity and confidentiality of the data so that it can be trusted with the guarantee that no unauthorised modification has taken place. To solve this problem we propose the utilization of blockchain in the field of education via a blockchain-based university transcript verification system and a blockchain based system for storing and processing examination answers.