Smart Contract based Central Sector Scheme of Scholarship for College and University Students

摘要

Education plays a vital role in human life. To encourage higher education, the Indian government has taken many initiatives. These include the disbursement of scholarships to financially help the students belonging to low-income families. Central Sector Scheme of Scholarship for College and University Students (CSS) is one such scheme that financially helps meritorious students in pursuing graduation and post-graduation. This scheme was introduced in 2008. Scholarships from CSS have been helping students to fund their educational expenses. But there have been some difficulties faced by the students in availing this scholarship. These include lack of traceability of application form, loss of application form in transit through Indian Postal Service, lack of transparency between students and their respective Education Boards, and lack of bank account verification. In this paper, we propose a Smart Contract for CSS Scheme that overcomes the above-mentioned drawbacks. It has four entities: Students, Education Boards, Colleges, and Banks. The Blockchain-based Smart Contract proposed in this paper, has been developed to provide a user-friendly environment to a student and maintain a transparent and constant connection between students and their respective Education Boards. Many applications have been developed on the Blockchain platform but to the best of our knowledge, there does not exists any government scholarship scheme on the Blockchain platform in India.