Survey on blockchain for sharing of students' credentials in education ecosystem. (12th October 2022)

• Record Type: Journal Article
• Authors: Arigela, Sri Santhoshi Devi; Voola, Persis
• Is Part Of: International journal of blockchains and cryptocurrencies. Volume 3:Number 3(2022)
• Page Start: 173
• Page End: 221
• Publication Date: 2022-10-12
• Subjects: blockchain -- distributed ledger technology -- DLT -- smart contracts; Blockchains (Databases) -- Periodicals; Cryptocurrencies -- Periodicals; Electronic funds transfers -- Periodicals; 332.404
• Languages: English
• ISSNs: 2516-6425

Abstract

In recent years, blockchain technology has experienced tremendous growth in application development and gained a lot of attention from people. Blockchain technology-based applications are rapidly expanding in a variety of domains, including government, education, the energy sector, and the internet of things (IoT), among many others. Blockchain is a decentralised and peer-to-peer system that permits the recording of digital transactions in a distributed, encrypted, and secure manner. Even though blockchain technology has the potential to provide more efficient and reliable applications, challenges and obstacles are also present. This paper gives a rigorous overview of the underlying concepts of blockchain: distributed ledger technology, smart contracts, and other features; with the challenges and the corresponding solutions also discussed at the end. This paper also surveyed the blockchain applications in the education ecosystem that are tied to student credentials.