Hey Steemians,
Blockchain technology has gained attention worldwide. It has been chosen to be relied on in almost all existing sectors of the world be it Banking and Payments, Cyber security, Forecasting or Networking. The biggest praise worthy aspect of Blockchain is that this technology is decentralized which is another reason for its adoption in different fields. But one sector which has not been much enlightened during this scenario is role of Blockchain in education system.
The technology has capabilities to reconstruct education system. Blockchain can provide a system in which certificates will be trusted primarily with an increased focus moving in the right direction with transparency rate of a 100%. Implementation of Blockchain in education will be an end to tons and tons of paper boxes pilling up as the records will be stored in the digital world with a secure lifetime access. Another factor is cost effectiveness as there is a control over personal data, data management and legal costs caused from liability issues will be reduced on a very high scale. Mentioning about cost payment systems in institutions will be improved as financial aids will be instantly approved and transferred by custom cryptocurrencies to voucher and fund grants.
Blockchain can be a solution if it is used above different levels of systems including institutions like university, colleges, schools or examination boards. These institutions produce range of credentials which are needed for a shared approach to create a database. Fact that current system of certification is not fit for its job is true to some extent. Paper systems can be influenced under fraud or can be lost but Blockchain can help avoid such situations. A database of achievement and credentials can be constructed which will allow a forever access to the documents not only to mobile populations but even to people who would have no copy to their degrees.
As the matter of fact some education institutions like Holburton School of Software Eengineering in San Francisco, Massachusetts Institute of Technology and University of Nicosia have already been using Blockchain technology for their administration. Massive Open Online Courses have been taken up by people despite of being tough. MOOCs have been changing the ways of education. If blockchain technology is used in this sector, the certificates will be secure and there are chances for gaining actual degrees out of it. Decentralizing MOOCs will help organizers to expand access to the certificates.
An education service is being provided by On-Demand Education Marketplace with a cheaper and more accessible education plans for students. A four year degree is a long time and by the time the degree is complete, students are under heavy debts. ODEM cuts the middleman and connects students directly to professors which saves time and money. The process goes through Blockchain which makes it more trustworthy and transparent. Almost 200 professors from top universities have been appointed by ODEM in a partnership with Excelorators.
ODEM tokens or ODEMT would be used to facilitate international payments as a part of transactions. These tokens will be live by Feb 17 and if not sold by March 19, these will be further live till the tokens get sold. To verify identity of an investor, a KYC process will be implemented. Also, Anti-money laundering measures have been included in the plans by the company. This will ensure the legal participation of contributors in ICO.
Blockchain will be a remarkable success in the field of education clearly. Access to important documents will help in building trust during job interviews and honest performance would be appreciated. Transparent system will be an end to hindrance caused to education.
Man, Im having a hard time keeping up with all these coins. Gawd i wish i had more time in the dzay
LOL. We are all facing 24 hours to be very less for a day @cyberblock
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This is going to be a huge project, subject to how they market this, but if you check their team they have really good people from different universities... Thank you for this update @pkalra
Glad you liked it. We need to discuss more on this bro @bunnychum
Please spare sometime so we can have a detailed discussion.
lets enroll buddy hahah.. :)
@roykie17 Sure, I was thinking the same. 😋
The Blockchain Technolgy continues to find it's way into various industries.
Excellent post and Thanks for the info.
You are most welcome @baseline
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wow! the truth is not thought of the blockchain from this perspective, but it has a lot of logic and would help to simplify educational processes adapting them to new technologies
Yeah @senteno77
Blockchain is a wonderful technology and will see its immense growth in coming future!
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Thanks for sharing this piece.
There are myriads of benefits to be gained if the blockchain finds its way into the educational system. From ushering in paperless degrees (that will not be susceptible to threats of loss, fire outbreaks, forgery, etc) and certificates to tracking citations and even protecting intellectual property.
If one's work is plagiarized, it'll be easier to track and take necessary actions.
With the advent of block chain, so many spheres of our lives are/would be taking positive leaps.
Sony (the Japanese 🏯 organization) made moves several months ago to Blockchain for educational purposes. It's a matter of time before other big shots join the race.
Cheers to the future 🔮 @pkalra
🍻
You are welcome @fada.emma and thank you for your valuable comment!
You're always welcome @pkalra.
Which country are you from?
I am from India @fada.emma
"Namaste" 🙏
Source
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Thank you so much.
I've joined.
@pkalra
Very good post.
Thanks for the info.
You are most welcome @shagungupta
Good post 👍👌, Please upvote back me, @hazmisyahputra, thank you.
Wow. this is amazing !!.. what courses are they offer ??
Hi @roykie17
Please refer to mooc & odem official websites. Links shared in the post!
You had me at "secure lifetime access" of knowledge.
I would love to see how this plays out in our education systems. Our universities and education systems need a massive restructuring. Allowing open access to knowledge seems like the most intelligent choice for our future generations.
Creating a sort of secure portfolio of all your work is an incredible opportunity to couple with degrees + certifications. The overall accessibility of this concept is very appetizing!
Your understanding has been great! Surely Blockchain will be revolution in education as well as many other sector. Lets stay positive for the future @coyoteom
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