Authors: Deepanshu Jain, Ayush Garg, Tejna Khosla, Vinay Kumar Saini
DOI Link: https://doi.org/10.22214/ijraset.2023.48602
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Blockchain Technology has other applications outside of Bitcoin. This technology has the potential to be used in a variety of industries, including education, finance, insurance, healthcare etc. This article not only provides a broad overview of Blockchain Technology, but also provides descriptions of how it could be used in educational institutions. School records management, such as validation and transfer of student transcripts, degrees, test scores and records, including those related to college admissions; educator credentialing/certification/re-certification; management and tracking of school assets, such as buses, library books; management of student privacy and parental permissions.
In 2008, someone using the pseudonym Satoshi Nakamoto proposed the ideas of blockchain while describing how cryptography and an open distributed system work. All blockchains have distributed and decentralized programs at their very core. Blockchains can be thought of as a decentralized, unchangeable database that keeps track of every transaction ever made and shares that information with all parties involved . The Bitcoin protocol served as the foundation for the first blockchain implementation. An encrypted distributed ledger is used to record transactions and blocks. There are two types of transactions: those that have not yet been completed and those that have been completed but have not yet been added to the blocks of the main chain. To begin, a root block is created. Each block contains a collection of transactions that will be added to the distributed ledger with a proper time stamp. Through mining, which involves an intense competition and a lot of computer work, new transactions are validated and added to the main chain, thus forming new blocks . here are three types of blocks in Bitcoin transactions: orphan blocks, blocks on the main chain carrying encrypted confirmed transactions, and blocks related to the main chain but excluding (not connected with blocks from the main chain).With the exception of the orphan blocks, the first two categories are represented in a directed rooted tree with ties to the root (via a prior pointer). The rooted tree eventually leads to the blockchain, which is a back-linked list of transactions constructed using hash pointers from a technical perspective . Every block is identified by its unique cryptographic signature. The network participating in blockchain technology maintains a private/public key infrastructure.
There are many uses for blockchain technology across many industries, but in this paper, the focus will be on possible applications in the education sector. The development of a safe and open system for monitoring and confirming academic records will be aided by this technology. It contributes to better access to educational resources by establishing a decentralized system for exchanging study guides, classes, notes, etc. It will assist in developing a system with improved security for exchanging student data, thereby lowering the issue of data breaches. It can be used for creating and issuing digital credential that are verifiable, secure, and non-fragile. Additionally, this technology will aid in the development of a more effective system for scheduling, course registration. and allowing educators to easily manage their course offerings.
II. ECOSYSTEM OF BLOCKCHAIN
An ecosystem of Blockchain Technology in education sector might include the following:
III. POTENTIAL OF BLOCKCHAIN IN DIFFERENT FIELDS
Data security and data protection, even in the event of a compromised node, are two main advantages of using blockchain in education. During the epidemic, the education industry quickly reacted to digitalization . Blockchain technology has the potential to revolutionize the education sector. Blockchain can, first and foremost, significantly alter how students and teachers collaborate and handle academic data . Blockchain's distributed ledger technology has the potential to have a positive, major impact on the transparency and accountability of the education sector . Let's investigate how blockchain can impact education. The education sector is ripe for disruption as the world becomes more and more technologically savvy. We have benefited from the EdTech sector over the years. The modernization of education has advanced due to this pattern. The time has come for blockchain technology to significantly accelerate the process. Blockchain distributed ledger technology, artificial intelligence (AI), and machine learning are increasingly replacing textbooks.
According to a 2019 report, Blockchain start-ups are becoming increasingly popular in a variety of industries, including finance, healthcare, supply chain management, agriculture, etc. Since blockchain technology was initially developed as the foundation for Bitcoin, a digital currency, the majority of start-ups are in the financial sector. For transaction verification and tracking, the financial sector needs a system that is more secure and transparent. The other reason is that only the financial industry has the necessary funding and resources to develop this technology. The remaining start-ups are spread across a variety of industries, such as energy, education, real estate, transportation, and healthcare.
IV. . IMPACT OF BLOCKCHAIN TECHNOLOGY IN THE EDUCATION SECTOR
There are numerous ways by which blockchain technology can revolutionize the education sector in different field:
A. Smart Contracts for Assignments and Courses
Blockchains frequently use smart contracts. This can help teachers create blockchain-based courses and classes. Once the prerequisite conditions are met, the course will begin automatically and can continue at its own pace . Students and teachers can both sign a smart contract outlining the requirements of an assignment, as well as the due date and marking deadline.
???????B. Authenticity of Paperwork and Degrees
The immutable ledger technology of blockchain produces a timeline of recent events. This can be useful for providing a detailed report card, tracking attendance and informing students and stakeholders about their progress [4,5,6]. Students can submit their work using blockchain without having to worry about losing them and their work will remain unique. Additionally, students can now acquire their certificates and degrees digitally rather than on a fragile paper. The advantages of digital degrees and certificates include their convenience, organisation, quick and lack of burden.
???????C. Incentivization Of Education
One of the most significant use cases for blockchain is cryptocurrency and tokenization. In the near future, professors will be able to motivate students by offering them coin rewards if they perform well or complete a particular major . Additionally, the teaching-learning process may be permanently altered by the gamification element of the tokenization teaching style . Students who perform well in an exam or submit their work on time can be rewarded, which is a great motivator for them to score well and submit their work on time.
???????D. Grant Access
In addition to promoting lifelong learning, blockchain technology can enable access to publicly available, freely used, and distributable educational resources such as books, courses, and notes . The resources can be shared publicly in an affordable and safe way. his technology aids in reaching out to students in remote parts of the world, allowing them to take courses and exams digitally. This technology also benefits teachers to grade their students directly on the blockchain.
???????E. Streamlining fees payment
The Tuition’s fee payment for students is a difficult and drawn-out procedure. Blockchain, on the other hand, will be useful in streamlining this process, resulting in lower administrative costs and perhaps even reduced tuition rates as blockchain technology establish a decentralized ledger for payments . This ledger can help reduce operational costs and bring two institutions closer together by speeding up the process of real-time transactions.
???????F. Identity and Student Records
Safe management of all information pertaining to a student who has registered for a study programme [4,5]. Discovering learning patterns, enhancing training, which in turn helps in creating new learning models, will be the main objectives of innovative schooling. A graph of learning exchanges as well as information on individual courses may be included in the ledger.
V. CHALLENGES OF ADOPTING BLOCKCHAIN TECHNOLOGY IN EDUCATION
There are various challenges encountered while using blockchain technology in education sector.
VI. LITERATURE REVIEW
There are numerous ways by which blockchain technology can revolutionize the education sector in different fields:
VII. . CASE STUDIES
There are few case studies where the blockchain technology is used:
An overview of blockchain technology and information on using it in education were provided in this paper. The advantages of using this technology include the secure and open record-keeping system it offers, which helps to ensure the validity of the credentials. The student data is given greater privacy and security. The lack of understanding and knowledge about the blockchain, the high cost of implementing and using this technology, regulatory and legal concerns are challenges that come along with the benefits. The development of a more user friendly and intuitive platform so that it gets more widely adopted and Integration with technologies such as Artificial Intelligence, Internet of Things, etc. are the potential areas for research. Future generations and the problems to be solved will be greatly benefited by the use of blockchain in the education sector.
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Copyright © 2023 Deepanshu Jain, Ayush Garg, Tejna Khosla, Vinay Kumar Saini. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Authors : Deepanshu Jain
Paper Id : IJRASET48602
Publish Date : 2023-01-09
ISSN : 2321-9653
Publisher Name : IJRASET
DOI Link : Click Here