Blockchain-Based Certification: Enhancing Transparency and Trust in Higher Education
Purpose: The aim of this paper is to showcase the practical application of the blockchain technology for the certification in the higher education. Design/Methodology/Approach: The research methodology is based on the 5D model of educational entity, which consists of 5 main dimensions: the organizational, infrastructural, methodological social and economic. The main methods used in the paper include: subject studies, logical synthesis, system approach and process approach., Findings: A designed certification system utilizing blockchain technology can offer several technical advantages. Firstly, the decentralized and tamper-proof nature of blockchain ensures the security and integrity of the certification process. This eliminates the possibility of fraudulent activities and ensures the authenticity of the issued certificates. Additionally, the use of smart contracts can automate certification-related tasks, resulting in increased efficiency and accuracy while reducing the need for manual intervention. Secondly, the use of public blockchains in the certification system provides easy access and verification of certificate details for multiple parties. Practical Implications: A blockchain-based certification system can provide a high level of security, integrity, and authenticity to the certification process. By utilizing the technology's decentralized and tamper-resistant nature, it can minimize the risk of fraud and increase the trustworthiness of the certification system. In addition to that, a well-designed certification system can provide numerous economic benefits. Firstly, it can streamline and optimize the certification process, reducing the costs associated with manual verification and other administrative tasks. This can save time and resources for both individuals and educational institutions, allowing them to focus on other important tasks. Originality/Value: The originality of the study results from the synthesis of various research methods in the approach to certification processes in higher education.