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The World Scholarship Foundation can reduce the current challenges faced by students around the globe. We intend to boost the academic performance of every student around the globe by given them scholarships based on their grades and acquirement of diplomas or certificates certified by reputed and recognized educational institutions and by bringing students closer to the use of cryptocurrency and blockchain technology, they would be acquainted with the use and development of the technology and the underlying laws behind it. This presented solutions will also inhibit rapid growth of social wellbeing and development directly linked to the benefits of blockchain technology in itself. The scholarship model behind the Foundation will open doors to new social projects through the usage of blockchain technologies as it can be applied in various social sectors that are expensive for citizens and mostly rely on governmental funding such as the health systems in countries around the world.