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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
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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

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