The implementation of a blockchain system for the automatic generation of academic credentials in a higher education institution can be considered as a safeguard against potential instances of abuse and counterfeiting of diplomas. However, the utilization of blockchain technology in the field of education, particularly within higher education institutions, appears to be limited in scope. This article aims to elucidate the advantages and constraints associated with the use of blockchain technology in higher education organizations. In addition, we present the ideas towards developing a blockchain-based prototype model that targets the automatic generation of diplomas using smart contracts and ensures the fast and secure verification of diplomas. In order to provide a more comprehensive understanding of the blockchain system, we aim to expand on its description via the use of graphical representations in the form of use case diagrams for each actor involved in the system. Additionally, we provide use case scenarios, as well as outline the functional as well as the nonfunctional requirements that are essential for the proper functioning of such a system.