Blockchain technology usage in education sector has a capacity to change the way academic records, diplomas, and credentials are maintained, communicated, and verified. Thus, this study aims at understanding the role of blockchain in the higher education sector. Mixed method approach was used in the study for a deeper understanding of the concept. Study 1 is qualitative in nature which includes the structured interviews. On the basis of transcripts generated from study 1, study 2 assimilates Technology Acceptance Model and Extended Theory of Planned Behaviour to study the adoption of blockchain technology in higher education institutes. Partial Least Squares Structural Equation Modelling (PLS- SEM) has been applied to test the hypothesis derived. A total of 333 responses were gathered via offline and online modes from the state of Punjab, India. Further, the proposed model frame was tested and validated through SmartPLS software version 3.2.8. The results of the study reveals that Perceived Usefulness, Perceived Ease of Use, Attitude, Perceived Behaviour Control, Awareness and Regulatory Support were found significant whereas, Personal Norms and Facilitating Conditions were insignificant. The study tries to extend the existing knowledge about the application of blockchain in the education system. Moreover, the study contributes to society by providing practical implications for policy formulation regarding deployment of blockchain technology in higher education institutions.