Block chain technology and its impact on education sector

Abstract

In the current COVID situation education industry has been faced with “disruption, digitisation and educational transformation”. Block Chain technology (BCT) can change the education domain drastically and can enhance its working. In addition to higher efficiency, the key reasons for using BCT include improving the education system, improving learner experience, improving analytics, launching innovative services and enhancing stakeholder experience. However, organisations struggle with the implementation of BCT initiatives. There is a lack of credible literature written on the impact of BCT in education. This study aims to identify the variables that drive educational transformation using BCT and to study the impact of BCT in the education industry, as confirmed by research studies conducted by European Universities (Grech et al., 2017). The results of the study show that strategy, learner needs, technology, regulation, business processes, skills and competencies affect the BCT implementation in the education domain (Ali Alammary et al., 2019).