Blockchain or Distributed Ledger Technology is a virtual platform to store and control the history of transactions dealing among users of the platform, connected or chained with the network known as blocks. Blockchain technology is able to create a digital ledger that solves many challenges of computing system factors such as transparency, security, trust, traceability, decentralization, cost effective measures. There are many areas of blockchain application in education and these are embedded in the innovative i-LMS system with internal and external stakeholders. IET foresee the numerous applications of blockchain-based ledger to serve benefits to the learning management system:
Potential applications of blockchain in education include:
- Build a transparent and immutable system for hassle free cash flow for students using Tokens.
- Creating link identity and e-wallet for the platform users to use tokens for transactions and collaborations.
- Smart contract engine to implement security and specific rules as per education institutions regulations.
- Verification/validation authenticity of academic documentations.
- Storage of permanent records.
- Learner identity verification and information security.
- Student ownership of lifelong learning credentials.
- Intellectual property protection for educational content.
- Education Industry Cooperative System between the educational institutions and utilizing companies.
1.Strengthen Online Education
With the blockchain innovation an ideal solution will be provided to the issues of online instruction, which are validity and security. The blockchain can generate non-modifiable learning records for online instruction, without the required third-party involvement for monitoring and ensure the reasonable recognition of course credits. The innovation can be within Students’ record and Authenticated certification.2.Student data privacy and consent
The student’s digital agreement can be executed without relying on a third-party legal document requirement. The proposed framework is blocks of repeated authorization which will allow the educational institution to grant access of data for any legal purpose after securing the consent for data access privilege using smart contract.3.Learning outcomes and meta-diploma
Blockchain based technology for learning outcomes, which is based on graduation requirement index of the education ministry, with professional certification can use automated evaluation software as a tool. The course-learning outcomes, the course name, course requirements and the weight of the course can be included in the block.4.Operational Skill Competition
By letting understudies mimic operations and diversions on an advanced instruction operation framework, education institutions can be able to examine learning accomplishment and quality of education. In digital education zone, it utilizes blockchain innovation to make strides competition mode. It’s progress proficiency and maintaining a strategic distance from the issue of misty and distortion messages. It can give unchangeable computerized certification of scholastic accomplishment.5.Financial Security
A blockchain framework based on Ethereum was is used for recording understudy grades and to provide a crypto currency channel using the blockchain hyperledger. The features of security in blockchain fortifies the layout grading and the assessment process.
6.Education Industry Cooperative System
The straightforwardness and non-tampering highlights of the blockchain with peer-to-per linkage actualizes the Education-Industry cooperative framework based on the blockchain Hyperledger framework. Utilizing the Certificate Authority benefit and exchanges within the Hyperledger system, the framework defined the linkage between the organizations. The smart contract actualizes the cooperative agreement between the education stakeholders in a transparent and secured process.7.Educational Certificate
Most of the available instructive certificate administration cannot ensure information security and reliability of the student information. Utilizing blockchain technology may overcome the trust issues with its transparency and connectivity with the stakeholders to ensure authentication of the certificates.8.Student Capability Evaluation System
Using blockchain technology, students’ academic performance and academic achievements in school, training, competitions, practice and other activities outside school can be analyzed to evaluate the students’ capability, which helps the students and companies who will open employment opportunity for them. The design scheme of the student professional ability evaluation system based on blockchain technology, which can analyze student ability analysis method based on clustering algorithm. The presented system may also provide possibilities for creating an ecosystem of student ability evaluation.