Final Qualifying Work

Analysis and Application of Blockchain Technologies for Digital Verification and Storage of Educational Achievements

I am pleased to present the expanded description of my diploma thesis on the topic: "Designing a Diploma Tokenization System Based on Blockchain Technologies for Digital Verification and Decentralized Storage of Educational Achievements".

Key Points:

Objective of the Study: To develop and implement a system based on blockchain technologies for creating, storing, and verifying educational diplomas and certificates, ensuring their immutability and accessibility.

Tasks:

• Conduct an analysis of the relevance and issues surrounding digital identification of diplomas.
• Investigate existing solutions and technologies in this field.
• Define the functional and non-functional requirements for the system.
• Design the system architecture and its components, including client applications.
• Choose the appropriate technology stack.
• Perform an economic analysis of the developed system, including commercialization readiness assessment, total cost of ownership calculation, and competitiveness evaluation.
• Conduct a pilot issuance of digital diplomas.

Highlights:

Effective Blockchain Types: A detailed analysis of public, private, and consortium blockchains, examining their suitability for different business and scientific applications.

Consensus Mechanisms: An in-depth exploration of various consensus mechanisms, including Proof of Work (PoW), Proof of Stake (PoS), Proof of Authority (PoA), and Practical Byzantine Fault Tolerance (PBFT), and their effectiveness in maintaining security, transparency, and efficiency.

Sector-Specific Applications: Insightful case studies on the application of blockchain in education, demonstrating its impact and benefits.

Detailed Description:

The study begins by addressing the relevance and challenges of digital diploma verification in the modern society. Traditional methods face issues such as forgery, loss, and lengthy verification processes, which complicate job placement and diminish trust in educational institutions. Blockchain technology offers a robust solution to these problems by providing a decentralized and tamper-proof system for storing and verifying educational achievements.

System Architecture:

• User Registration and Authentication: The system includes a Telegram bot for user interaction, allowing students to register, request diploma issuance, and receive notifications about their diploma status.
• Diploma Issuance and Storage: Each diploma is tokenized as an NFT (Non-Fungible Token) and stored in a decentralized manner using IPFS (InterPlanetary File System). This ensures the diploma's immutability and accessibility for future verification.
• Data Security and Privacy: The system employs cryptographic methods such as SHA512 and HMAC for data hashing and encryption, ensuring the security and privacy of user information.
• Smart Contracts: The issuance and verification processes are managed by smart contracts deployed on the Ethereum Virtual Machine (EVM). These contracts handle the creation, signing, and verification of diplomas.

Economic Analysis:

• Commercialization Readiness: The study evaluates the system's potential for commercialization, including market analysis and business model development.
• Total Cost of Ownership (TCO): A detailed TCO analysis is conducted to assess the financial feasibility of implementing and maintaining the system.
• Competitiveness: The system's competitive advantages, such as enhanced security, reliability, and user convenience, are highlighted.

Key Takeaways:

Enhanced Transparency and Security: Understand how blockchain technologies ensure transparency, security, and decentralization in managing educational achievements.

Optimized Business Processes: Discover how blockchain can streamline educational processes, reduce fraud risks, and improve operational efficiency.

Future-Ready Technology: Gain insights into the future developments of blockchain technology and its potential to drive digital transformation across various sectors.

Blockchain Types Article

Exploring the Classification of Blockchain Types and Their Applications in Business and Science

I am pleased to announce the release of our latest scholarly article: "Classification of Blockchain Types and Their Applications in Various Business and Science Fields." This comprehensive study delves into the most effective types of blockchains and consensus mechanisms tailored to specific applications in finance, healthcare, education, and other pivotal sectors. The article emphasizes the integration of blockchain technologies into modern business processes and research projects, unlocking the full potential of this groundbreaking technology.

Highlights:

• Effective Blockchain Types: An in-depth analysis of public, private, and consortium blockchains, examining their suitability for different business and scientific applications.
• Consensus Mechanisms: A thorough exploration of various consensus mechanisms, including Proof of Work (PoW), Proof of Stake (PoS), Proof of Authority (PoA), and Practical Byzantine Fault Tolerance (PBFT), and their effectiveness in maintaining security, transparency, and efficiency.
• Sector-Specific Applications: Insightful case studies on the application of blockchain in finance, logistics, energy, healthcare, and education, demonstrating its impact and benefits.

Key Takeaways:

• Enhanced Transparency and Security: Understand how blockchain technologies ensure transparency, security, and decentralization in data management.
• Optimized Business Processes: Discover the ways blockchain can streamline business processes, reduce fraud risks, and improve operational efficiency.
• Future-Ready Technology: Gain insights into the future developments of blockchain technology and its potential to drive digital transformation across various sectors.

Join us on this journey towards a more transparent, secure, and efficient digital economy with blockchain technology at its core!

NFT Tokenomics Article

Transforming Diploma Verification with Blockchain and NFTs

I am thrilled to announce the publication of our latest article: "The Use of Tokenomics and NFT to Verify Diplomas of Higher Education Institutions and Identify Priorities for Student Development." This groundbreaking piece explores the burgeoning issue of diploma forgery and how innovative technologies like blockchain and Non-Fungible Tokens (NFTs) could revolutionize the verification process in the educational sector.

Highlights:

• Diploma Forgery: A small dive into the current landscape of counterfeit diplomas, revealing the risks and challenges posed by unqualified professionals infiltrating various industries.
• Blockchain Solution: An exploration of how distributed ledger technology can offer a robust and transparent system for validating the authenticity of academic credentials, potentially putting an end to the diploma forgery menace.
• NFTs for Education: A unique perspective on employing NFTs to securely and immutably record educational achievements, ensuring that each diploma is as unique as the individual it represents.

Key Takeaways:

• Understand the gravity of the counterfeit diploma issue and its impact across sectors.
• Discover how blockchain and NFTs can serve as powerful tools for reforming diploma verification, contributing to a more qualified and competent workforce.
• Gain insights into the future of educational records management, where technology fosters trust and integrity.

Let's embark on this journey towards a more transparent and secure educational ecosystem together!