Hostname: page-component-586b7cd67f-t7fkt Total loading time: 0 Render date: 2024-11-20T07:39:02.376Z Has data issue: false hasContentIssue false
  • English
  • Français

TEduChain: a blockchain-based platform for crowdfunding tertiary education

Part of: Distributed Ledger Technologies: Papers Arising from Three Australian Symposia

Published online by Cambridge University Press:  09 June 2020

Mahmood A. Rashid Open the ORCID record for Mahmood A. Rashid [Opens in a new window] ,
Krishneel Deo ,
Divnesh Prasad ,
Kunal Singh ,
Sarvesh Chand  and
Mansour Assaf
Mahmood A. Rashid
Affiliation:
Institute for Sustainable Industries and Liveable Cities, Victoria University, Melbourne, VIC3030, Australia, e-mail: mahmood.rashid@vu.edu.au Institute for Integrated and Intelligent Systems, Griffith University, Mount Gravatt, QLD4111, Australia
Krishneel Deo
Affiliation:
School of Computing, Information and Mathematical Sciences, The University of the South Pacific, Suva, Fiji, e-mails: krishdeo924@gmail.com, divnesh44@gmail.com, kunz.kunal@gmail.com, sarvesh.chand12@gmail.com
Divnesh Prasad
Affiliation:
School of Computing, Information and Mathematical Sciences, The University of the South Pacific, Suva, Fiji, e-mails: krishdeo924@gmail.com, divnesh44@gmail.com, kunz.kunal@gmail.com, sarvesh.chand12@gmail.com
Kunal Singh
Affiliation:
School of Computing, Information and Mathematical Sciences, The University of the South Pacific, Suva, Fiji, e-mails: krishdeo924@gmail.com, divnesh44@gmail.com, kunz.kunal@gmail.com, sarvesh.chand12@gmail.com
Sarvesh Chand
Affiliation:
School of Computing, Information and Mathematical Sciences, The University of the South Pacific, Suva, Fiji, e-mails: krishdeo924@gmail.com, divnesh44@gmail.com, kunz.kunal@gmail.com, sarvesh.chand12@gmail.com
Mansour Assaf
Affiliation:
School of Engineering and Physics, The University of the South Pacific, Suva, Fiji, e-mail: mansour.assaf@usp.ac.fj
Get access Rights & Permissions [Opens in a new window]

Abstract

Blockchain is an emerging technology framework for creating and storing transaction in distributed ledgers with a high degree of security and reliability. In this paper, we present a blockchain-based platform to create and store contracts in between students and their higher education sponsors facilitated by intermediary brokers denoted as fundraisers. The sponsorship might be in any form, such as scholarship, donation, or loan. The fund will be arranged and managed by a group of competitive fundraisers who will hold the distributed ledgers and act as the miners in the blockchain network.

Type
Research Article
Information
The Knowledge Engineering Review , Volume 35 , 2020 , e27
Copyright
© The Author(s), 2020. Published by Cambridge University Press

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Blockchain Luxembourg, S.A. 2018. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=253370613.Google Scholar
Bond, F., Amati, F. & Blousson, G. 2015. Blockchain, Academic Verification Use Case. Technical Report. https://s3.amazonaws.com/signatura-usercontent/blockchain_academic_verification_use_case.pdf.Google Scholar
Brito, N. & Castillo, A. 2013. Bitcoin: A Primer for Policymakers, September 2013. Retrieved 22 October 2013.Google Scholar
Conoscenti, M., Vetró, A. & De Martin, J. C. 2017. Blockchain for the internet of things: A systematic literature review. In Proceedings of IEEE/ACS International Conference on Computer Systems and Applications (AICCSA), November 2017, 1–6.Google Scholar
Dorri, A., Kanhere, S. S., Jurdak, R. & Gauravaram, P. 2017. Blockchain for IoT security and privacy: The case study of a smart home. In Proceedings of IEEE International Conference on Pervasive Computing and Communications Workshops (PerCom Work-shops), March 2017, 618–623.Google Scholar
Gong, X., Liu, X., Jing, S., Xiong, G. & Zhou, J. 2019. Parallel-education-blockchain driven smart education: Challenges and issues. In Proceedings of Parallel-Education-Blockchain Driven Smart Education: Challenges and Issues, Xi’an, China, 2018, 2390–2395.Google Scholar
Harthy, K. A., Shuhaimi, F. A. & Ismaily, K. K. J. A. 2019. The upcoming blockchain adoption in higher-education: Requirements and process. In Proceedings of 4th MEC International Conference on Big Data and Smart City (ICBDSC), Muscat, Oman, 2019, 1–5.Google Scholar
Hou, H. 2017. The application of blockchain technology in E-government in China. In Proceedings of 26th International Conference on Computer Communication and Networks (ICCCN), July/August 2017, 1–4.Google Scholar
Lei, A., Cruickshank, H., Cao, Y., Asuquo, P., Ogah, C. P. A. & Sun, Z. 2017. Blockchain-based dynamic key management for heterogeneous intel-ligent transportation systems. IEEE Internet of Things Journal 4(6), 1832–1843.CrossRefGoogle Scholar
Media Lab Learning Initiative. 2019. Digital Certificates Project. http://certificates.media.mit.edu/.Google Scholar
Mengelkamp, E., Notheisen, B., Beer, C., Dauer, D. & Weinhardt, C. 2017. A blockchain-based smart grid: Towards sustainable local energy markets. Computer Science—Research and Development. Springer, August 2017, 1–8.Google Scholar
Mettler, M. 2016. Blockchain technology in healthcare: The revolution starts here. In IEEE 18th International Conference on E-health Networking, Application Services (Healthcom), September 2016, 1–3.Google Scholar
Mikroyannidis, A., Domingue, J., Bachler, M. & Quick, K. 2018. Smart blockchain badges for data science education. In IEEE Frontiers in Education Conference (FIE), San Jose, CA, USA, 2018, 1–5.Google Scholar
Morris, D. Z. 2016. Leaderless, Blockchain-Based Venture Capital Fund Raises $100 Million, And Counting. Fortune. Archived from the original on 21 May 2016. Retrieved 23 May 2016.Google Scholar
Naumova, O. A., Svetkina, I. A. & Naumov, D. V. 2019. The main limitations of applying blockchain technology in the field of education. In Proceedings of the International Science and Technology Conference, May 2019.Google Scholar
Ouaddah, A., Elkalam, A. A. & Ouahman, A. A. 2017. Towards a novel privacy-preserving access control model based on blockchain technology in IoT. In Europe and MENA Cooperation Advances in Information and Communication Technologies. Advances in Intelligent Systems and Computing, Rocha, Á., Serrhini, M. & Felgueiras, C. (eds). vol 520. Springer, Cham.CrossRefGoogle Scholar
Popper, N. 2016. A Venture Fund With Plenty of Virtual Capital, but No Capitalist. The New York Times. Archived from the original on 22 May 2016. Retrieved 23 May 2016.Google Scholar
Rashid, M. A., Deo, K., Prasad, D., Singh, K., Chand, S. & Assaf, M. 2018. TEduChain: A platform for crowdsourcing tertiary education fund using blockchain technology. In The 3rd Symposium on Distributed Ledger Technology (SDLT 2018).Google Scholar
Roehrs, A., da Costa, C. A. & da Rosa, R. 2017. OmniPHR: A distributed architecture model to integrate personal health records. Journal of Biomedical Informatics 71, 70–81.CrossRefGoogle ScholarPubMed
Shae, Z. & Tsai, J. J. P. 2017. On the design of a blockchain platformfor clinical trial and precision medicine. In Proceedings of the International Conference on Distributed Computing Systems, June 2017, 1972–1980.Google Scholar
Third, A., Domingue, J., Bachler, M. & Quick, K. 2016. Blockchains and the Web position paper. In Proceedings of the W3C Workshop Distributed Ledgers Web, Cambridge, U.K. https://www.w3.org/2016/04/blockchain-workshop/interest/third.htmlGoogle Scholar
Trottier, L. 2016. Original-bitcoin (github), April 2016.Google Scholar
Turkanović, M., Hölbl, M., Košič, K., Heričko, M. & Kamišalić, A. 2018. EduCTX: A blockchain-based higher education credit platform. IEEE Access 6, 5112–5127.CrossRefGoogle Scholar
Yli-Huumo, Ko, D., Choi, S., Park, S. & Smolander, K. 2016. Where is current research on blockchain technology?—A systematic review. PLoS ONE 11(10), e0163477.CrossRefGoogle ScholarPubMed
Yuan, H. & Wang, F. Y. 2016. Towards blockchain-based intelligent transportation systems. In Proceedings of IEEE 19th International Conference on Intelligent Transportation Systems (ITSC), November 2016, 2663–2668.Google Scholar