Secure Digital Transactions in The Education Sector Using Blockchain

A blockchain is a decentralized, distributed peer-to-peer network that allows one node to communicate with other nodes. When using blockchain technology in education, data or records can be stored permanently without fear of hacking du e to the secure hashing algorithms in blockchain technolog...

Full description

Bibliographic Details
Main Authors: Muhammad Nouman, Kareem Ullah, Muhammad Azam
Format: Article
Language:English
Published: European Alliance for Innovation (EAI) 2022-03-01
Series:EAI Endorsed Transactions on Scalable Information Systems
Subjects:
Online Access:https://eudl.eu/pdf/10.4108/eai.3-11-2021.171758
_version_ 1819178795120197632
author Muhammad Nouman
Kareem Ullah
Muhammad Azam
author_facet Muhammad Nouman
Kareem Ullah
Muhammad Azam
author_sort Muhammad Nouman
collection DOAJ
description A blockchain is a decentralized, distributed peer-to-peer network that allows one node to communicate with other nodes. When using blockchain technology in education, data or records can be stored permanently without fear of hacking du e to the secure hashing algorithms in blockchain technology. The goal is to create a new blockchain technology that has the potential to form a decentralized application in education, with the help of different components, such as Meta Mask, IPFS, Ganache, and other test networks such as Rinke by and Rostand, as well as Web3 JS and Ethereum cryptocurrency. This research was applied in the following ways: (a) analysing the three most well-known blockchain cryptocurrencies (Bitcoin, Litecoin, and Ethereum); (b) investigating the features and issues surrounding the Bitcoin cryptocurrency, and (c) creating a graphical interface for the IPFS bandwidth analysis for storing files on the network using Web3 JS and Smart Contracts. As a result, this research paper provides a proper demonstration of data storage without the use of a centralized system (decentralized and distributed P2P network) using IPFS to aid in data segmentation for storage purposes.
first_indexed 2024-12-22T21:48:13Z
format Article
id doaj.art-9111bebf825a4a3083d6d9e559ef9c32
institution Directory Open Access Journal
issn 2032-9407
language English
last_indexed 2024-12-22T21:48:13Z
publishDate 2022-03-01
publisher European Alliance for Innovation (EAI)
record_format Article
series EAI Endorsed Transactions on Scalable Information Systems
spelling doaj.art-9111bebf825a4a3083d6d9e559ef9c322022-12-21T18:11:26ZengEuropean Alliance for Innovation (EAI)EAI Endorsed Transactions on Scalable Information Systems2032-94072022-03-0193510.4108/eai.3-11-2021.171758Secure Digital Transactions in The Education Sector Using BlockchainMuhammad Nouman0Kareem Ullah1Muhammad Azam2University of Agriculture Faisalabad, PakistanUniversity of Agriculture Faisalabad, PakistanUniversity of Agriculture Faisalabad, PakistanA blockchain is a decentralized, distributed peer-to-peer network that allows one node to communicate with other nodes. When using blockchain technology in education, data or records can be stored permanently without fear of hacking du e to the secure hashing algorithms in blockchain technology. The goal is to create a new blockchain technology that has the potential to form a decentralized application in education, with the help of different components, such as Meta Mask, IPFS, Ganache, and other test networks such as Rinke by and Rostand, as well as Web3 JS and Ethereum cryptocurrency. This research was applied in the following ways: (a) analysing the three most well-known blockchain cryptocurrencies (Bitcoin, Litecoin, and Ethereum); (b) investigating the features and issues surrounding the Bitcoin cryptocurrency, and (c) creating a graphical interface for the IPFS bandwidth analysis for storing files on the network using Web3 JS and Smart Contracts. As a result, this research paper provides a proper demonstration of data storage without the use of a centralized system (decentralized and distributed P2P network) using IPFS to aid in data segmentation for storage purposes.https://eudl.eu/pdf/10.4108/eai.3-11-2021.171758blockchain technologyipfslitecoinethereump2p technology
spellingShingle Muhammad Nouman
Kareem Ullah
Muhammad Azam
Secure Digital Transactions in The Education Sector Using Blockchain
EAI Endorsed Transactions on Scalable Information Systems
blockchain technology
ipfs
litecoin
ethereum
p2p technology
title Secure Digital Transactions in The Education Sector Using Blockchain
title_full Secure Digital Transactions in The Education Sector Using Blockchain
title_fullStr Secure Digital Transactions in The Education Sector Using Blockchain
title_full_unstemmed Secure Digital Transactions in The Education Sector Using Blockchain
title_short Secure Digital Transactions in The Education Sector Using Blockchain
title_sort secure digital transactions in the education sector using blockchain
topic blockchain technology
ipfs
litecoin
ethereum
p2p technology
url https://eudl.eu/pdf/10.4108/eai.3-11-2021.171758
work_keys_str_mv AT muhammadnouman securedigitaltransactionsintheeducationsectorusingblockchain
AT kareemullah securedigitaltransactionsintheeducationsectorusingblockchain
AT muhammadazam securedigitaltransactionsintheeducationsectorusingblockchain