Design and Application of a Credit Bank Based on Blockchain Technology

Yun Chen; Jinsong Xu

doi:doi:10.11648/j.ijics.20240901.11

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Design and Application of a Credit Bank Based on Blockchain Technology

Yun Chen, Jinsong Xu^*

Published in International Journal of Information and Communication Sciences (Volume 9, Issue 1)

Received: 7 March 2024 Accepted: 1 April 2024 Published: 17 April 2024

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Abstract

Credit banks are an important way to build a lifelong learning system and a learning society. At present, various types of credit banks in China generally have limitations such as low efficiency in learning achievement certification and conversion, difficulty in ensuring the quality of learning achievement certification, and vague identification of credit banks. Blockchain technology has the characteristics of openness, consensus, transparent transactions, anonymity, tamper resistance, and traceability, which can effectively solve the centralized governance problems faced by the current construction of credit banks. This article elaborates on the current development status and characteristics of credit banks at home and abroad, analyzes the feasibility of combining credit banks with blockchain, and designs a blockchain based credit bank system architecture and processing flow to address the challenges of inconsistent credit conversion standards, low conversion efficiency, and data security risks in traditional credit banks. It proposes using block structure design to achieve secure and tamper proof credit data, proposes a smart contract based credit recognition and conversion method to achieve decentralized governance of credit banks, and establishes a blockchain based credit bank certification, conversion, and other application design models, which can provide technical support for the large-scale application of credit banks in the future.

Published in	International Journal of Information and Communication Sciences (Volume 9, Issue 1)
DOI	10.11648/j.ijics.20240901.11
Page(s)	1-8
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Blockchain, Credit Bank, Design, Application

References

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[4]	Hu Chao, Yu Ruishi, Chen Yan. Research on the credit bank construction of integrated course mutual selection and blockchain under the background of digital transformation [J]. China Education Informatization, 2023, 8 (29): 64-73. https://doi.org/10.3969/j.issn.1673-8454.2023.08.008
[5]	Chen Dandan. How can credit banks build a bridge for lifelong learning? [N] Workers Daily. 2023(6).
[6]	Qi Yali. The current situation, dilemma and countermeasures of the construction of credit banks in China [J]. Education and occupation, 2019 (6): 78-83. https://doi.org/10.13615/j.cnki.1004-3985.2019.06.016
[7]	Fang Peng, Zhao Fan, Wang Baoquan, et al. Development, technology and applications of blockchain [J]. Journal of Computer Applications, 2024: 1-14. https://doi.org/10.11772/j.issn.1001-9081.2023121826
[8]	LI Zhi-hong, QIU Ting-yu, LI Ke-xin. Research on the Credit Bank System based on Blockchain Technology [J]. Modern Educational Technology, 2019(7): 120-126. https://doi.org/10.3969/j.issn.1009-8097.2019.07.018
[9]	Zou Jun, Zhang Haining, et al. The Blockchain Technology Guide [M]. Beijing: Machinery Press, 2016.
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[11]	Grech A, Camilleri A. Blockchain in Education [J]. JRC Working Papers, 2017. https://doi.org/10.2760/60649
[12]	Wang Ran, Chen Fengying, An Tao. Research and Design of National Credit Bank System Based on Blockchain Technology, Adult Education, 2024(1), 54-60. https://doi.org/10.3969/j.issn.1001-8794.2024.01.008
[13]	Zhang Zhonghua, Wang Ji-u, Zhu Xiangrong et al. Design and Implementation of Credit Bank System Based on Blockchain Technology—Taking the “Foreign Language Educational Innovation” Program of Beijing Foreign Studies University as an Example. Modern Educational Technology, 2022, 32(6): 100-108.
[14]	Tao Yunxiang, Wang Jun. Blockchain-based Credit Information Uplink Model and Implementation. Journal of Anhui Normal University (Natural Science), 2024, 47(1): 20-26. https://doi.org/10.14182/J.cnki.1001-2443.2024.01.003
[15]	Wang Yanbing, Han Bingbing, Zheng Liming. Construction of credit banks based on blockchain and the learning achievement certification system [J]. Digital Technology & Application, 2022, 40(2): 134-136. https://doi.org/10.19695/j.cnki.cn12-1369.2022.02.44

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APA Style

Chen, Y., Xu, J. (2024). Design and Application of a Credit Bank Based on Blockchain Technology. International Journal of Information and Communication Sciences, 9(1), 1-8. https://doi.org/10.11648/j.ijics.20240901.11

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ACS Style

Chen, Y.; Xu, J. Design and Application of a Credit Bank Based on Blockchain Technology. Int. J. Inf. Commun. Sci. 2024, 9(1), 1-8. doi: 10.11648/j.ijics.20240901.11

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AMA Style

Chen Y, Xu J. Design and Application of a Credit Bank Based on Blockchain Technology. Int J Inf Commun Sci. 2024;9(1):1-8. doi: 10.11648/j.ijics.20240901.11

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@article{10.11648/j.ijics.20240901.11,
  author = {Yun Chen and Jinsong Xu},
  title = {Design and Application of a Credit Bank Based on Blockchain Technology
},
  journal = {International Journal of Information and Communication Sciences},
  volume = {9},
  number = {1},
  pages = {1-8},
  doi = {10.11648/j.ijics.20240901.11},
  url = {https://doi.org/10.11648/j.ijics.20240901.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijics.20240901.11},
  abstract = {Credit banks are an important way to build a lifelong learning system and a learning society. At present, various types of credit banks in China generally have limitations such as low efficiency in learning achievement certification and conversion, difficulty in ensuring the quality of learning achievement certification, and vague identification of credit banks. Blockchain technology has the characteristics of openness, consensus, transparent transactions, anonymity, tamper resistance, and traceability, which can effectively solve the centralized governance problems faced by the current construction of credit banks. This article elaborates on the current development status and characteristics of credit banks at home and abroad, analyzes the feasibility of combining credit banks with blockchain, and designs a blockchain based credit bank system architecture and processing flow to address the challenges of inconsistent credit conversion standards, low conversion efficiency, and data security risks in traditional credit banks. It proposes using block structure design to achieve secure and tamper proof credit data, proposes a smart contract based credit recognition and conversion method to achieve decentralized governance of credit banks, and establishes a blockchain based credit bank certification, conversion, and other application design models, which can provide technical support for the large-scale application of credit banks in the future.
},
 year = {2024}
}

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TY  - JOUR
T1  - Design and Application of a Credit Bank Based on Blockchain Technology

AU  - Yun Chen
AU  - Jinsong Xu
Y1  - 2024/04/17
PY  - 2024
N1  - https://doi.org/10.11648/j.ijics.20240901.11
DO  - 10.11648/j.ijics.20240901.11
T2  - International Journal of Information and Communication Sciences
JF  - International Journal of Information and Communication Sciences
JO  - International Journal of Information and Communication Sciences
SP  - 1
EP  - 8
PB  - Science Publishing Group
SN  - 2575-1719
UR  - https://doi.org/10.11648/j.ijics.20240901.11
AB  - Credit banks are an important way to build a lifelong learning system and a learning society. At present, various types of credit banks in China generally have limitations such as low efficiency in learning achievement certification and conversion, difficulty in ensuring the quality of learning achievement certification, and vague identification of credit banks. Blockchain technology has the characteristics of openness, consensus, transparent transactions, anonymity, tamper resistance, and traceability, which can effectively solve the centralized governance problems faced by the current construction of credit banks. This article elaborates on the current development status and characteristics of credit banks at home and abroad, analyzes the feasibility of combining credit banks with blockchain, and designs a blockchain based credit bank system architecture and processing flow to address the challenges of inconsistent credit conversion standards, low conversion efficiency, and data security risks in traditional credit banks. It proposes using block structure design to achieve secure and tamper proof credit data, proposes a smart contract based credit recognition and conversion method to achieve decentralized governance of credit banks, and establishes a blockchain based credit bank certification, conversion, and other application design models, which can provide technical support for the large-scale application of credit banks in the future.

VL  - 9
IS  - 1
ER  -

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Author Information

Yun Chen

School of Extend Education, Wannan Medical College, Wuhu, China

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Jinsong Xu

Jiangsu SPBPU Institute of Engineering, Jiangsu Normal University, Xuzhou, China

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APA Style

Chen, Y., Xu, J. (2024). Design and Application of a Credit Bank Based on Blockchain Technology. International Journal of Information and Communication Sciences, 9(1), 1-8. https://doi.org/10.11648/j.ijics.20240901.11

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ACS Style

Chen, Y.; Xu, J. Design and Application of a Credit Bank Based on Blockchain Technology. Int. J. Inf. Commun. Sci. 2024, 9(1), 1-8. doi: 10.11648/j.ijics.20240901.11

Copy | Download

AMA Style

Chen Y, Xu J. Design and Application of a Credit Bank Based on Blockchain Technology. Int J Inf Commun Sci. 2024;9(1):1-8. doi: 10.11648/j.ijics.20240901.11

Copy | Download

@article{10.11648/j.ijics.20240901.11,
  author = {Yun Chen and Jinsong Xu},
  title = {Design and Application of a Credit Bank Based on Blockchain Technology
},
  journal = {International Journal of Information and Communication Sciences},
  volume = {9},
  number = {1},
  pages = {1-8},
  doi = {10.11648/j.ijics.20240901.11},
  url = {https://doi.org/10.11648/j.ijics.20240901.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijics.20240901.11},
  abstract = {Credit banks are an important way to build a lifelong learning system and a learning society. At present, various types of credit banks in China generally have limitations such as low efficiency in learning achievement certification and conversion, difficulty in ensuring the quality of learning achievement certification, and vague identification of credit banks. Blockchain technology has the characteristics of openness, consensus, transparent transactions, anonymity, tamper resistance, and traceability, which can effectively solve the centralized governance problems faced by the current construction of credit banks. This article elaborates on the current development status and characteristics of credit banks at home and abroad, analyzes the feasibility of combining credit banks with blockchain, and designs a blockchain based credit bank system architecture and processing flow to address the challenges of inconsistent credit conversion standards, low conversion efficiency, and data security risks in traditional credit banks. It proposes using block structure design to achieve secure and tamper proof credit data, proposes a smart contract based credit recognition and conversion method to achieve decentralized governance of credit banks, and establishes a blockchain based credit bank certification, conversion, and other application design models, which can provide technical support for the large-scale application of credit banks in the future.
},
 year = {2024}
}

Copy | Download

TY  - JOUR
T1  - Design and Application of a Credit Bank Based on Blockchain Technology

AU  - Yun Chen
AU  - Jinsong Xu
Y1  - 2024/04/17
PY  - 2024
N1  - https://doi.org/10.11648/j.ijics.20240901.11
DO  - 10.11648/j.ijics.20240901.11
T2  - International Journal of Information and Communication Sciences
JF  - International Journal of Information and Communication Sciences
JO  - International Journal of Information and Communication Sciences
SP  - 1
EP  - 8
PB  - Science Publishing Group
SN  - 2575-1719
UR  - https://doi.org/10.11648/j.ijics.20240901.11
AB  - Credit banks are an important way to build a lifelong learning system and a learning society. At present, various types of credit banks in China generally have limitations such as low efficiency in learning achievement certification and conversion, difficulty in ensuring the quality of learning achievement certification, and vague identification of credit banks. Blockchain technology has the characteristics of openness, consensus, transparent transactions, anonymity, tamper resistance, and traceability, which can effectively solve the centralized governance problems faced by the current construction of credit banks. This article elaborates on the current development status and characteristics of credit banks at home and abroad, analyzes the feasibility of combining credit banks with blockchain, and designs a blockchain based credit bank system architecture and processing flow to address the challenges of inconsistent credit conversion standards, low conversion efficiency, and data security risks in traditional credit banks. It proposes using block structure design to achieve secure and tamper proof credit data, proposes a smart contract based credit recognition and conversion method to achieve decentralized governance of credit banks, and establishes a blockchain based credit bank certification, conversion, and other application design models, which can provide technical support for the large-scale application of credit banks in the future.

VL  - 9
IS  - 1
ER  -

Copy | Download