The education industry is the one that always strives and has a thirst to upgrade to the technology and ideologies. It’s no wonder that this sector is experimenting with the blockchain education system’s pilot projects for our blissful future!
Even though our education system has enriched us with knowledge and transformed our lives in a better way, some topics are still taboo. Right from pregnancy journey, lactation, baby milestone techniques, tricks and tips for parenting, medications, organic lifestyle, agriculture, research stories, inventions, and much more are still in our eyes’ dark circles. To bring these topics to the limelight, we need a decentralized expert platform that helps the public with a proper education system. This is where blockchain dives into the digitalization of the education industry!
In this blog post, let’s have a glimpse at blockchain technology and its features that make it inevitable for the education system and the blockchain education system’s applications!
A glimpse of blockchain technology!
Blockchain is the distributed ledger that holds a series of data transactions stored as blocks with timestamps. The transaction records are stored as cryptographic hashes with the SHA-256 algorithm; the input strings can never be decoded.
Every network member has a copy of data transactions, and hence the blockchain ledger avoids single-point failure and physical damages. The blockchain network is governed by the community of people addressed as “miner” nodes who verify and approve transactions. In this architecture, data blocks are linked by cryptographic hashes making the entire chain of data blocks immutable and encrypted.
Blockchain is developed as a peer-to-peer network that enables people to send and receive data or valuables without intermediaries. This technology opens the doors for globalized market space in industries with transparency, traceability, immutability, consensus governance, security, and many more benefits.
Why is blockchain inevitable for the education sector?
Blockchain is considered the most important invention since its inception that has the power to disrupt industries. The Internet has opened the doors for information exchange, whereas blockchain enables value exchange opportunities in a secured platform.
The education sector has humungous information that is being shared across distinct members. There are possible vulnerabilities, copyright thefts, and much more counterfeit activities in the existing education system. Moreover, the current education system is not globalized; it differs based on geographical locations. Even educational organizations are not connected within a single system. This scattering of information on resources, researches, and other educational assets creates a deficit among other members. Hence, creating a global, shared, secured network of blockchain educational system can ruin all these pitfalls for future generations.
Let’s look at the features that would be incorporated into blockchain educational solutions!
Uplifts of the blockchain Education System
Blockchain architecture is made of peer-to-peer transactions; every resource sharing or publishing in the educational sector becomes open to the public. The blockchain education system can resolve all the downhills in the existing process with its intense features.
Let’s have a brief look at the areas of enhancements in the blockchain education platform!
Enhanced privacy & security of assets
Blockchain resource sharing is performed with the public addresses of the user. The network member can access and authorize other members to view the information with limited permissions. This feature makes the blockchain network members aware of the usage of information and its purposes, enhancing data privacy. As the user restricts resource sharing, the educational assets maintained by researchers, organizations, and publishers are secured in the blockchain education system.
Enrich the education system
The digitalization of resources has paved the way for multiple resources across the internet and offline sources. Even though this enhancement has opened up the doors for enormous resources, finding the appropriate one has become tedious. With blockchain technology on its legs, the educational sector’s entire community can bag huge benefits on identifying the legitimate, original information right from the publisher or researcher.
Virtual certifications, assets, and records
Blockchain education system offers digital certifications for its students, which is immutable, transparent, accessible, and traceable. The students and organizations can authorize network members and other third parties to access and verify the certificates for their needs. As the assets are stored in a decentralized, digital blockchain ledger, it is devoid of security breaches, hacks, physical damages, and duplication threats.
In the blockchain education system, every asset is digitalized. Thanks to these hand-free, secured documentation process. We need not carry our bag of certificates and books to the schools, colleges or interview and they need no pampering anymore as like our kids.
Sharing our public address is more than enough to access the information anywhere, anytime stored in the blockchain education application. With conscious information accessibility, we can revert the assets’ access once the employer verifies, which is an added advantage to protect our valuables. The user can access the data block with private keys and manage the information stored in the blockchain network.
Appropriate, quality content
The blockchain education system would be governed by community members who are authorized professionals. Hence, the network data will be verified and approved by these professionals, which ensures the quality of resources, assets, and certificates in the blockchain education platform. This platform devoids the duplication of documents and assets, thereby avoiding misuse and disputes.
Universal standard charges
The existing educational system has variations on the charges incurred to the learning programs based on various criteria. Blockchain-based education programs can charge a standard fee structure for learning programs with globalized cryptocurrencies or native tokens of the network. Some of the leading educational institutions have stepped forward to accept popular crypto coins like bitcoins, ethereum, ripple, litecoin, and others.
Rewarding program for students and publishers
Students, researchers, and publishers can be rewarded with native crypto tokens of the blockchain education platform. The rewarding program can be beneficial for the entire community wheel, and the leaderboards can display the best talents. Students can easily connect with expert teachers, researchers on their favorite topics in the decentralized blockchain platform.
Easier refining process for employers
The blockchain-based education solutions rewarding system can help employers refine their enterprise’s potential resources than conducting a tiring interview process. Instead of going through the selection process, companies can shortlist potential candidates based on their availability, expert skills, certifications, physical fitness, and other qualities.
Devoid of physical documents, resources, and paperwork
The blockchain educational programs pave the way for the complete digitalization of resources, as mentioned above. Hence, students, researchers, institutions can access the records in a hassle-free manner. This platform enhances educational assets’ security from physical damages, natural calamities, device threats, document duplication, and counterfeit activities.
Establishing a globalized blockchain educational system is not an easy-go task. To admit the truth, there are real-time challenges in implementing the blockchain education platform. Albeit these bumps, the uphills of blockchain educational solutions are great. If you’re striving to be the leading educational institution, let’s try out the blockchain educational program with your appropriate guidance! Let’s clutch up to make the difference!