My University Studies (M.U.St): An Academic Proof of Concept for the Web3.0

As we transition towards Web 3.0, the role of blockchain technology in education becomes increasingly pivotal, particularly in the management of digital identities and assets. This evolution emphasizes the importance of decentralization, enabling secure and trustworthy interactions among users while fostering innovation in educational frameworks. Despite recent advancements brought about by eIDAS 2.0 and the adoption of Self-Sovereign Identity (SSI) models, significant challenges remain in establishing cohesive European standards for digital identities. In response to these challenges, we introduce M.U.St (My University Studies), a proof-of-concept decentralized application (Dapp) aimed at enhancing academic credential management by leveraging the capabilities of Decentralized Identifiers (DIDs) and Soulbound Tokens (SBTs). Based on emerging technologies, our project seeks to empower users with control over their own digital identities, allowing them to securely manage and share their academic credentials across various Web 3.0 applications. To this end this paper presents a blockchain-based solution for decentralized identity and asset management in education, highlighting the interoperability feature of identities. We argue that adopting such a model not only improves the security and privacy of user data but, also, facilitates a more inclusive and accessible educational environment, ultimately paving the way for a more decentralized future in higher education.