NFT-Merit: An NFT-based Module Credit Management System on Ethereum Blockchain

Blockchain is one of the most promising technology trends that has the potential to be extensively adopted in the education sector. In this work, we investigate the feasibility of utilizing an Ethereum blockchain for developing a trusted frame-work using ERC-721 non-fungible tokens (NFTs) for a Module credit management system – NFT-Merit. In this framework, the NFTs minted by a university represents the module credits issued by its faculty and owned by its students upon satisfying module requirements in the credit management system. Once a student has collected all the NFTs required for graduating the degree, a smart contract automatically generates a degree certificate which can be integrated with the well-known OpenCert formats.