This research is dedicated to studying of use of blockchain technology in the education sector.
Advantages, requirements and also possible problems which can arise at different stages of introduction
of the considered solution are shown in the article. This review is dedicated to very new direction of application
of blockchain and is intended for the management of educational institutions and scientists researching
the considered technology. The goal of this article is to show the reasonability of integrating
blockchain-based platform into education. The current certification system has a number of issues which
can be solved by use of the said technology. The basic structure of blockchain provides high reliability
and security making it tamperproof. This property is the key solution to the greatest problem of current
certification system — the forgery of certificates. The mechanism is transparent which can help build
trust with participants. The decentralized ledger technology prevents loss or destruction of certificates
effectively solving the other big problem of paper certificates. The platform can help recruiters find suitable
workers by providing paid access to student’s grades and achievements database. The worldwide
adaptation of blockchain into education sector will allow migrating students to retrieve their certificates
and use it in other country. This review shows that the blockchain technology can become a suitable tool
for use as an open standard for certification system. The said platform is able to transform education and
make it more genuine, united and reliable. It is possible to draw a conclusion on efficiency of a blockchain
and to recommend it for use by educational institutions as the transparent and trusted system of registration
and verification of the academic achievements. This opens many new opportunities in education.
Key words
blockchain, education, smart contract, certificate, decentralized ledger, database