The possibility of blockchain application in Higher Education

Abstract

Blockchain technology has the potential to revolutionize the way Higher Education operates. Blockchain is a decentralized and secure database that can store and manage digital information without the need for a centralized authority. This technology can be applied in Higher Education to improve the security, transparency, and efficiency of academic and administrative processes such as student records, credentials verification, and payment processing. Additionally, blockchainbased platforms can provide new opportunities for collaboration and credentialing that could enhance the learning experience for students. While there are still some challenges to be overcome, such as regulatory issues and the need for interoperability, the potential benefits of blockchain in Higher Education are significant and worth exploring. The purpose of this paper is to investigate the possible applications of blockchain technology in Higher Education institutions and to provide a proposal/scheme of a blockchain-based academic and career record system in Higher Education. The system being proposed is composed of three layers, which are the data, blockchain, and application layers. It is distinguished by decentralized control, secure transactions, and privacy protection.