Blockchain in University Credentialing

These flashcards cover key concepts and details regarding the implementation of blockchain in university credentialing and smart contract functionalities.

What are the challenges faced by universities before implementing blockchain for credential verification?

Challenges include fake degrees, slow verification processes, and high administrative costs.

How does blockchain adoption help in higher education credentialing?

Blockchain provides tamper-proof records and instant verification.

What is a key component of the cost-benefit analysis for blockchain implementation in universities?

Reducing paperwork and administrative overhead can save costs.

What is the main use case identified for blockchain in education?

Storing student credentials on a blockchain for instant verification by employers.

What limitations must be considered when implementing a blockchain solution in universities?

Integration with existing systems and adherence to GDPR compliance.

Who are the participants in the blockchain ecosystem for credentialing?

Participants include students, university administration, and employers.

What type of blockchain is recommended for university credentialing?

A private blockchain accessed by universities and employers.

Which consensus algorithm is suggested for this blockchain application?

Proof of Authority (PoA), where universities act as trusted validators.

What role do smart contracts play in the blockchain credentialing application?

Smart contracts ensure only authorized universities can issue credentials.

What is the purpose of an oracle in the blockchain application?

An oracle verifies student enrollment before the issuance of a degree.

What is a significant feature of the UniversityCredential smart contract?

It allows the admin to authorize multiple universities for issuing degrees.

What happens when a degree is revoked in the blockchain system?

The degree's validity is set to false, and a revocation event is emitted.

Describe the workflow for degree verification using the blockchain.

A student shares a verification link with an employer, who can instantly verify the degree on the blockchain.

How does a university issue a degree in the blockchain application?

By calling the issueDegree function with the student's details.

What information can be checked when a degree is verified?

Student Name, Course Name, University Name, Graduation Year, and Degree Validity.