Applications, Challenges, and Possibilities of Blockchain in Education

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Blockchain is a groundbreaking innovation and has been incorporated into education lately. Blockchain has acquired significant consideration from analysts and specialists. This is primarily because of its exceptional elements including decentralization, security, unwavering quality, and data preservation. Despite this growing interest, some significant information was available regarding the use of blockchain innovation in education as well as a growing awareness of the current status of information. It revolves around three principal topics: The potential of blockchain innovation to deliver constructive changes to education, as well as the challenges it poses, has been demonstrated with several informative learning applications. It additionally offers an understanding of other instructive regions that could profit from blockchain innovation. Blockchain is the innovation that can prompt critical changes in our learning climate and will incredibly affect the years to follow. Blockchain technology is designed to provide a decentralized and secure way to record and verify transactions or data across a network of computers. Its key features include Decentralization, Immutability, Transparency, Security, and Trustworthiness. Thus, this review endeavors to examine and investigate favorable as well as challenging factors used in Blockchain Technology for current or future utilization. Accordingly, countless distributed examinations were thoroughly investigated and dissected depending on their commitments to the Blockchain's assemblage of information.