Abstract :

Access To Higher Education Remains A Major Challenge In Many Developing Economies Due To Financial Constraints, Limited Scholarship Opportunities, And Inefficiencies In Traditional Loan Systems. Recent Advancements In Blockchain, Decentralized Finance (DeFi), And Crowdsourcing Offer New Possibilities For Creating Transparent, Secure, And Trust-free Financial Ecosystems. Blockchain Technology Provides Immutable Ledgers, Decentralization, And Cryptographic Validation That Eliminate The Need For Intermediaries And Reduce Operational Costs [1], [5], [15], [23]. Smart Contracts Introduced Through Platforms Such As Ethereum Enable Automated Loan Disbursement, Repayment Tracking, And Enforcement Of Funding Rules Without Centralized Authorities [2], [6], [11], [18]. Crowdfunding And Peer-to-peer Lending Frameworks Have Also Gained Traction As Alternative Financing Mechanisms, Supporting Individuals And Small Enterprises Through Distributed Contributions From Global Participants [7], [14], [16], [22]. Studies Show That Blockchain-based Crowdfunding Increases Transparency, Reduces Fraud, And Enhances Trust Between Lenders And Beneficiaries [8], [9], [10], [17]. Furthermore, Fintech Innovations And Multi-sided Platforms Facilitate Secure Financial Inclusion For Unbanked Populations, Particularly In Developing Regions [12], [13], [20], [24]. Educational Financing Mechanisms Leveraging Decentralized Infrastructures Can Therefore Bridge Long-standing Funding Gaps And Democratize Access To Higher Education [21], [25]. Building On These Advancements, The Proposed System Envisions A Blockchainenabled, Decentralized, And Transparent Crowdsourcing Platform That Empowers Students To Obtain Affordable Educational Loans While Ensuring Accountability, Security, And Trustworthiness Across The Entire Funding Lifecycle. Keywords :Blockchain, Crowdfunding, Smart Contracts, Decentralized Finance, Higher Education Funding, P2P Lending, FinTech, Distributed Ledger Technology, Transparency, Developing Economies.

Published:

29-11-2025

Issue:

Vol. 25 No. 11 (2025)

Page Nos:

322-328

Section:

Articles

License:

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

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