Department of Computer and Information Science, Raiganj University, West Bengal, India
*Corresponding author: umeshsarkar.cis@gmail.com
Blockchain technology is emerging as a significant disruptive force, offering decentralized, secure, and transparent systems for both higher education and corporate management. In academia, institutions like MIT and Harvard are using it to revolutionize credential verification and secure student records, reducing fraud and improving accessibility. In the corporate world, companies such as IBM and JPMorgan leverage blockchain to enhance supply chain management and financial transactions, gaining efficiency and trust through real-time tracking and fraud prevention. Furthermore, smart contracts are streamlining operations by automating agreements and removing intermediaries. Despite challenges like high implementation costs, scalability, and regulatory uncertainty, its future seems inevitable. Rapid advancements in AI integration, interoperability, and hybrid models are paving the way for widespread adoption, positioning blockchain as a true game-changer for the modern era. Blockchain technology is changing how universities and companies operate by creating secure, transparent systems that aren’t controlled by one single entity. In higher education, schools like MIT and Harvard are using it to protect student records and verify degrees, making fraud much harder. In the business world, companies like IBM and JPMorgan use it to track products in a supply chain or secure financial transactions. While it’s still expensive and faces challenges with scaling up, new advancements (like combining it with AI) show it’s well on its way to becoming a core, game-changing technology. Blockchain technology is building a new foundation of trust and efficiency for universities and companies. Its decentralized nature means data is both secure and transparent, allowing institutions like MIT and Harvard to offer fraud-proof digital degrees and protect sensitive student records. For businesses like IBM and JPMorgan, this translates to highly efficient, traceable supply chains and faster, more secure financial transactions. While adoption hurdles like cost and scale exist, advancements like AI integration are solving these problems, clearing the path for blockchain to become a core engine for modern operations.
Blockchain, Higher Education, Education System, Corporate Management, ICT, Bitcoin, Education Management