Enhancing Financial Efficiency in Higher Education Institutions: A Case Study on Implementing an ERC-20 Token as a University-Specific Currency

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Page Numbers: 61-70
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Published: Mar 20, 2025
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Umaru Emmanuel Isaac1
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Umaru Emmanuel Isaac
Mewar University, India

Abstract

This paper aims to investigate the potential benefits and feasibility of implementing a decentralized financial transaction system on the Ethereum blockchain for higher educational institutions. The primary motivation behind this research is to explore the cost-effectiveness and advantages of transitioning from traditional server-based systems to blockchain technology. Additionally, the study evaluates the advantages of introducing a digital currency (MUCoins) for students, in this case Mewar university India, enhancing the control and flexibility over financial transactions on campus, enabling the university to accommodate more facilities that generate income.

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How to Cite
Isaac, U. E. (2025). Enhancing Financial Efficiency in Higher Education Institutions: A Case Study on Implementing an ERC-20 Token as a University-Specific Currency. Kwaghe International Journal of Sciences and Technology, 2(1), 61-70. https://doi.org/10.58578/kijst.v2i1.5204

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References

NUCoin. (n.d.). NUcoin. GitHub. https://github.com/cbrnrd/NUCoin
Harvard University. (2023). Financial system overview. https://cash.harvard.edu
Columbia University. (2023). Financial overview system. https://dining.columbia.edu/content/flex
Stanford University. (2023). Financial overview system. https://uit.stanford.edu/service/campuscard
Duke University. (2023). Financial overview system. https://dukecard.duke.edu
University of Michigan. (2023). Financial overview system. https://finance.umich.edu/treasury/mcard
University of California, Berkeley. (2023). Financial overview system. https://cal1card.berkeley.edu