The world is changing, and it’s not just the rapid advancement of technology that is leading to a change in how we live our lives. We are now heading towards a future where everything will be connected, transparent, and secure. This future is here — and it’s called Blockchain technology.
Today, blockchain technology is a game-changing technology that delivers far more than cryptocurrencies. The education industry is stepping up its game to take advantage of this incredible technology by utilizing blockchain in a variety of new and inventive ways.
In this article, we explain why blockchain is a game-changer for education and how it can be used to disrupt the current models.
Blockchain technology has the potential to revolutionize education by streamlining record-keeping and sharing, improving security and trust, improving the hiring process, and giving students permanent ownership of their academic records.
There are many obstacles to learning, and sometimes a good lesson is hard to come by. From locating and choosing the right educational service for you, to verifying the authenticity of what you’re downloading or signing up for, it’s easy to fall victim to scams and other traps.
Education 3.0
It all started with a shared vision: to build a platform using blockchain and cryptocurrency technologies to educate the world. Thus, Education 3.0 was born .
The Education 3.0 ecosystem is a digital space where people with limited access to high-quality education can share and buy unique educational content and lessons 🤓
In a world plagued by issues of inequality, poverty, and undereducation, millions of young minds are not getting the quality education they deserve. Some regions in the world have no access to quality education or simply can’t afford to go to school.
Education 3.0 provides a solution that will benefit students and social networks around the globe via blockchain technology. In the 21st century, education is not just sitting in a class and getting taught. Education is life. And what’s good for life is a healthy ecosystem.
This is where blockchain comes in because it helps make education better for everyone.
Transparent Ledger
Blockchain is an innovative new way to verify the legitimacy of data. It is a digitally distributed ledger that records transactions and the transfer of assets in the form of blocks. The data within these blocks are secure, dependent on cryptographic principles, and protected from being altered retroactively.
To date, it has proven itself to be more secure than traditional methods, due to its use of multiple decentralized nodes as opposed to a singular centralized database. Blockchains decentralized nature allows for greater levels of transparency, reliability, and accessibility.
Safer Student Records
These days, we use technology in every part of our lives. So why is it that when we go to school, the administration still uses paper and pencils?
Education technology has come a long way, and we at EduMedu believe it will only go higher and beyond. However, the administrative part of it still uses archaic ways of keeping track of student records. Though many platforms allow higher institutions to digitize these records and keep track digitally, the files can be misused or misplaced without proper security measures in place.
Blockchain technology allows each individual person the power to have full control over their information by making use of the immutable (unchanging) nature of blockchain as well as transparency.
With the advent of blockchain, each individual’s information is totally secure — it cannot be changed or deleted. This powerful technology will change the entire face of education and make data privacy a reality.
Be Smarter with Smart Contracts
If you ever wanted to make sure that people in school were actually putting work into their classes and not just sitting around playing Angry Birds, then a blockchain-based solution can be used.
Blockchains are a way of recording transactions using decentralized ledgers. So in this example, the smart contract would be the central authority that verifies the assignments 📝
Every time a student completes a task, the appropriate records are updated by the smart contract. Once all the tasks are completed, the student can receive an award for completing a course.
Easier Record Transfer
If you’ve ever moved from one institute to another, you know how much of a hassle it can be. You have to worry about getting all your records together and making sure they are sent. If that’s not enough, sometimes records get lost, misplaced, or accidentally thrown away. Fortunately, this is where the blockchain comes in 👀
The student records can be easily made accessible to the new institute by providing access to the blockchain. The big challenge of making sure that a new record is not added or updated without the consent of the other institution will also be solved easily through blockchain technology. Also, the high-energy consumption and inefficiencies of using centralized servers will vanish.
Sum Up
Blockchains and distributed ledgers have the potential to fundamentally change how people interact with each other, governments, and institutions. The education sector is ripe for disruption via blockchain technology, which has the potential to decentralize power and return control to students, creators, and tutors.
The long-term future is bright when it comes to blockchain technology and its potential disruption of education around the world! 🌎
