Blockchain Application in the Elimination of Scholarship-based Manipulation

Abstract

Abstract: Blockchain technology has many applications in terms of record-keeping, transparency, and cryptocurrency as well. Additionally, with one of its characteristics, manipulation or fraud can be eliminated. By decentralizing the data, the data becomes immutable, which means any traditional method of record-keeping that were susceptible to manipulation can be removed now. In this paper, a method to remove scholarship-based manipulation has been proposed. In many universities, there are scholarships based on the student’s family income. To support the poor and deserving in getting an education, these scholarships are a must. However, paper-based income certificates used to justify family income can be easily manipulated. Therefore, with the help of the Ethereum Smart Contract, a framework to store income certificates has been proposed. This method can be used to enter income data from the student’s family’s employer’s backend. Considering a fair and acceptable income for eligibility for the scholarship, the university can decide to go ahead with it without fearing the manipulation of income data. Keywords: Blockchain Technology, Scholarship manipulation, fraud detection, Education, Smart contract.