Utilization of Block chain Technology and Smart Contracts in the Education Procedure of Universities
Keywords:
Blockchain Technology, Smart Contract, Educational Technology, Technology Acceptance Model (TAM).Abstract
The development of new technologies and the accessibility of high-speed internet are essential to every facet of our daily lives. There are a lot of issues that come with this development, particularly those that are security-related. One of the most significant innovations of the past 10 years, blockchain technology is gaining popularity because to its ability to secure supply chains, transportation, and other industries. The use of technological innovations that disrupt is a basic prerequisite for increased accountability and openness. We investigated the main elements influencing educational universities' plans to employ the technology of blockchain for online education. A digital negotiation procedure that involves multiple anonymous participants without the involvement of any reliable middlemen is called a Smart Contract (SC). It is computer code that operates on its own accord. The blockchain powers smart contracts. As a result, the agreement and the code are locked into place and kept on an online public view database. Smart contracts have numerous potential applications in the world of digital commerce, such as in the fields of management, finance, medical care, or the Internet of Thing. Two of the most popular open-source, cutting-edge, cross-industry blockchain systems are Ethereum and Hyper Ledger. The findings demonstrated that blockchain adoption in intelligent learning environments was significantly impacted by compatibility. The widespread acceptance of the technology known as blockchain was also shown to be significantly impacted in other ways. This research provides a broader version of the Technology Acceptance Model (TAM) for blockchain implementation, which may help policymakers create intelligent learning environments for the education universalities of developing countries.
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