4 Ways Blockchain Technologies Can Transform Education

The landscape of education has changed over the last few decades. The advantages of the internet have opened tremendous opportunities such as MOOCs, online degrees, and other learning communities like Coursera, and Udemy. The old norm of education has been changed and redefined seamlessly!

Picture Blockchain into this! Yes, it has a great potential to level up the educational scenarios by making it possible to bring quality education for everyone. Let’s take a look at how Blockchain technologies will be used to transform the community of education.

  • Blockchain is an absolutely permanent and safe solution to have when it comes to data. Numerous records can be kept if it is required. Additionally, awards and certificates can be distributed without any problem. Plus one can also keep a track of their learning achievements for lifetime. Fake certificates can be a real problem for many. The blockchain records of such certificates and credentials makes sure to verify the individuals’ capability and qualifications. Education has become more flexible with the help of blockchain. Different knowledge pathways have been discovered since the evolution of blockchain. Now with blockchain, your knowledge would become more legible. Blockchain is also allowing the educators in building their reputation and trustworthiness amongst the students and organizations as well. The quality of their teaching can be verified now and this can be proved by their students’ performance as well.
  • Recently, skill-based employment has gained a lot of attention. Now organizations are looking for specific skillset or combination of skills which is why skill-based employment have become so popular. It has also opened many doors for students who want to establish themselves as a strong candidate. Investing in education has a huge area of potential which means it will help you to achieve the defined set of skills. Technology has become agile and rapid that it is impacting many growing professions and this is one of the reasons why there’s talent shortages. Learning through a blockchain-certified marketplace will help in knowledge transferring in near future.
  • It has become possible to have logistical access and financial access to quality education for everyone. With the help of charitable initiatives blockchain technologies is becoming a trustworthy venture for many organizations to double their contribution in the area of education. Additionally, the days of centralized education authorities are gone! All of your diplomas, degrees, and other credentials can be available to the prospective employers. Blockchain can also help in tracking the academic publications, dissertations, and any other online document as well!
  • Having blockchain means educational institutes can now save their money as well which is just great! One of the main reasons is blockchain makes it sure that all of the participants are having full control and ownership of their data. This would help in reducing the data management expenses in schools, colleges, institutions, and universities. Plus, you can also avoid the other legal costs which are associated with student data. There’s also a rise of custom currencies that can be used to pay for educational purpose.

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