Analysis of Blockchain-Based Credit Bank System Construction from the Perspective of Lifelong Education

Abstract

Blockchain technology is currently a solid foundation for the strategic advancement of national digitization. Its extensive use in a wide range of industries has given industrial innovation fresh life. The medium- and long-term strategies for educational reform and development in China have incorporated universal learning and lifelong learning. However, issues like academic fraud and copyright infringement arise with the implementation of the credit bank educational system, which was created with the intention of promoting lifelong learning. With its intrinsic decentralization, immutability, and data traceability, along with consensus algorithms and smart contracts, blockchain technology has emerged as a solution to these problems. This makes it easier to exchange educational materials and encourages the development of a system of lifelong learning.