Using blockchain technology in credit transfer


Thesis Type: Postgraduate

Institution Of The Thesis: Kahramanmaras Sutcu Imam University, Graduate School of Science and Technology, Informatics, Turkey

Approval Date: 2019

Thesis Language: Turkish

Student: ZEYNEP KIYMIK

Supervisor: Mehmet Tekerek

Abstract:

The issue of credit transfer is a matter of verifying the content of a certificate. Here is the subject of discussion on block chain technology which can be considered as one of the means of connection of digital age in credit transfer. The blockchain is a distributed database that provides an unchangeable public record of digital transactions. The transparent and decentralized structure of the block chain network enables the creation of a non-rewritable and unbreakable data record, which is the main feature of many applications such as insurance, finance, fraud detection, copyright, intelligent contracts, identity management, e-commerce and health. Students must apply to the recognition and equivalence institutions of their country in order to ensure that the courses they currently take in higher education institutions are recognized in another country. After completing certain documents requested by these institutions, they have to apply to these institutions and wait for the results. The aim of this study is to create a trust network over block chain technology by eliminating the third institution in the process of recognition and equivalence between two learning institutions. At the same time, students can prove their lessons to their employer during their job application through their own block chain account. This study proposes a model that enables the credit transfer system used in higher education and existing credit transfer applications to be implemented using blockchain technology. The proposed model allows students to store course information in universities in the form of digital certificates with blockchain technology. A block-chain model of the credit transfer system is shown on a chart for higher education institutions. The proposed model is simulated on the Blockchain Demo.