2022
DOI: 10.3390/su14052955
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Fostering Equality in Education: The Blockchain Business Model for Higher Education (BBM-HE)

Abstract: This paper seeks to address which business model in higher education that fosters SDG 4, is adequate for the post-pandemic period. To that end, it introduces the “Blockchain Business Model for Higher Education” (BBM-HE) and a transformed business model canvas framework based on existing literature, concepts, theories and findings relating to most of the pressing issues in higher education from the present study. To determine these issues, secondary data is used in the qualitative research design by applying in… Show more

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Cited by 17 publications
(14 citation statements)
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“…Current research has only provided an overview of the business setting, such as meeting the global agenda of Industry 4.0 to modernize university operations which aims to create rich and diverse business systems [47]. Moreover, few discrete studies were completed on technology to sustain business, such as blockchain technology [52] to control the sales of energy [53], a circular economy created by recycling waste [54], building stock sustenance [55], and revenue generation using car parking spaces [56]. Research, to date, has only highlighted the possibility of improving efficiency through smart technology [49].…”
Section: Discussionmentioning
confidence: 99%
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“…Current research has only provided an overview of the business setting, such as meeting the global agenda of Industry 4.0 to modernize university operations which aims to create rich and diverse business systems [47]. Moreover, few discrete studies were completed on technology to sustain business, such as blockchain technology [52] to control the sales of energy [53], a circular economy created by recycling waste [54], building stock sustenance [55], and revenue generation using car parking spaces [56]. Research, to date, has only highlighted the possibility of improving efficiency through smart technology [49].…”
Section: Discussionmentioning
confidence: 99%
“…This created connection between universities and industry [50] for economic benefits by maximizing funds and providing the best service to campus stakeholders with open business opportunities for web developers [51]. Dedicated smart systems are developed, including the "Blockchain Business Model for Higher Education" (BBM-HE) created to transform business model for tokenized education [52]. In addition, the control and energy management system to boost and sell energy to the grid [53], the smart waste management system which recycles solid wastes for circular economy [54], the BIM-based smart system in the saving of building stock for investment [55] and finally, a smart parking platform providing profits for participants through electric vehicles [56] to lower costs, improve user experience and maintain a certain level of revenue [57] are also developed.…”
Section: Business Servicesmentioning
confidence: 99%
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“…The extant literature that link education blockchain to the SDGs are scarce and mostly in the field of business administration (Gilder, 2018; Son‐Turan, 2022; Yeung, 2018). Literature about SDG10 ‘Reduced Inequalities’ and SDG9 ‘Industry, Innovation, Infrastructure’ are dominated by technology‐centred theoretical speculations within the general context of educational mobility, accessibility, and social inclusion in higher education (Cheung & Wong, 2017; Kwok & Treiblmaie, 2022; Yeung, 2018).…”
Section: Overview Of the Blockchain Use In Educationmentioning
confidence: 99%