1
Secure Digital Transactions in The Education Sector
Using Blockchain
Muhammad Nouman
1,*
, Kareem Ullah
1
and Muhammad Azam
1
1
University of Agriculture Faisalabad, Pakistan
Abstract
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 due 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.
Keywords: Blockchain technology, IPFS, Litecoin, Ethereum, P2P technology
Received on 25 August 2021, accepted on 31 October 2021, published on 03 November 2021
Copyright © 2021 Muhammad Nouman et al., licensed to EAI. This is an open-access article distributed under the terms of the
Creative Commons Attribution license, which permits unlimited use, distribution, and reproduction in any medium so long as the
original work is properly cited.
doi: 10.4108/eai.3-11-2021.171758
*
Corresponding author. Email: m.nouman909@gmail.com
1. Introduction
A Blockchain is a chain of blocks that contain information.
This technique was regionally described in 1991 by a group
of researchers and was regionally intended to timestamp
digital documents that could not be backed up or tampered
with, almost like a notary. It was, however, mostly used and
adopted by "Satoshi Nakamoto" in Bitcoin 2009 to create
digital Bitcoin [1]. A blockchain is a distributed ledger that
is completely accessible to anyone. They have an intriguing
property that is extremely difficult to change once recorded
inside a blockchain [2].
Figure 1. Functions of Blockchain
Each square contains data about the square's hash and the
previous square's hash. The information put away inside the
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01 2022 - 03 2022 | Volume 9 | Issue 35 | e9