On-campus activities like positions of responsibility in campus amenities and participation in research, benefit the students as well as the university, while also making students financially self-sufficient to a certain extent. However, this student participation is stymied by lack of awareness and motivation. Significant impetus to innovation and student participation can be provided by incentivization of these activities. In this paper, we propose a system to create a blockchain-based economy, to incentivize students with empirical benefits or monetary awards calculated using objective algorithms. The incentivization algorithms have been designed for three promising use cases: research work, positions of responsibility in universities, and crowdfunding. The demonstrated implementation of this system utilises VJTI Chain, an already established Proof of Authority blockchain in VJTI Mumbai, India. This creates a circular economy within the university which encourages students to earn more rewards by reinforcing positive feedback.
翻译:但是,这种学生参与因缺乏认识和动力而受阻。激励这些活动可以大大推动创新和学生参与。在本文中,我们提议建立一个制度,以建立以连锁经济,激励学生获得经验利益或利用客观算法计算的金钱奖励。激励算法是为三个大有希望的使用案例设计的:研究工作、大学责任职位和人群筹资。这个制度的实施证明利用了VJTI链,这是印度孟买VJTI已经建立的管理局链条的证明。这在大学中创造了一种循环经济,通过强化积极的反馈鼓励学生获得更多的回报。