7. November 2017 um 14:48 #17850
World’s first smart and decentralized education built on Ethereum
Max Gerdon, Kambiz Djafari
The E-Learning Token (EST = Edge Smart Token)
V0.9 November 2nd, 2017
With the globalization and the rising popularity of e-learning and self-education all around the globe, employees and employers are facing problems as translations, different kind of degrees and much more. Future education will face major issues that can easily solved by implementing the blockchain. Being not only a safe, but also a fast and cost-efficient way to store data such as college degrees, e-learning courses and more, the blockchain has the chance to disrupt education. Expensive translations that need to be verified by notaries are no longer necessary while possible frauds that occurred before can be completely prevented.
Blockchain education will also be the safest way to store personal data that can only be accessed by the owner and seen by whoever the owner chooses. By combining colleges, e-learning platforms, public and private schools, academies and universities into one simple key or QR-code applying for jobs or looking for the perfect employee becomes truly borderless, extremely fast and totally secure. Edgecoin is building the missing piece to finally hack education and completely disrupt the academic world like the internet changed our daily lives in the last two decades. Not only students looking for jobs or universities will profit from this, but also companies or colleges looking for qualified personnel.
Edgecoin will start this dramatic change with e-learning platforms, that are getting more popular by the day all around the globe. The ever-growing, multibillion dollar industry is a main factor that people finish academic courses next to their job, learn new languages, coding and much more. While the courses get more advanced in time, the payments and the degrees unfortunately do not change.
All popular platforms around the globe accept fiat (USD, EUR, KRW, CNY, …) as the only payment solution. Bitcoin and the blockchain itself already showed that classic currencies are flawed and limited. By bringing cryptocurrencies and the blockchain to the world of e-learning, Edge (subsequent: Edge, Edgecoin or EST), an ERC20 Token, aims to build a bridge between those two ever growing markets.
2.0: VISION – FOR STARTERS
The vision is the groundbreaking disruption of the old education industry and all of its branches. The following points are initial use cases which Edgecoin can provide right after the mercury phase.
Users pay with Edgecoins on every major e-learning platform for courses and other content they have passed or consumed.
Users obtain valid, encrypted and unique certificates via Edgecoins smart contracts in just one process.
Students can see and manage their academic development or the whole career in their Edgecoin based smart contract (online and/or stored on a secure device) that was provided by their university at the beginning of their studies.
Institutions can get rid of their old and heavy documented certification process by having it all digitalized, organized, governed and issued by the Edgecoin technology.
In the long term, Edgecoins aims to fundamentally change the world of education. One can imagine a world where no one receives their grades on a paper. A paper, that may get lost or damaged, so the student has to pay again to receive a copy. A paper, that has to be translated into several languages and confirmed by notaries, which will cost money again. Instead the student simply receives an private key that gives her/him complete control of the public key that shows all of her/his academic accomplishments.
While this may seem only like a small improvement, a closer look shows us how powerful this will be. By bringing education to the blockchain, we completely tear down borders and shred bureaucracy. Instead of sending papers, mails or other files when one only sends the public key that has all the information stored on it. Imagine finishing your school in Russia and applying for a job in the United States. You no longer need to translate your academic grades, work experience or anything else.
Even further we do not apply for jobs at all anymore. Edgecoin will provide a platform in 2027 (much faster in reality, but let´s stick to the timeframe for this article) where you simply provide your public key. All employers and employees will be listed here and you can decide who will see your profile. Now our unique system matches job offers with qualifications! This will not only help find your dream job, but also help companies find the workers who perfectly fit their need.
Mehr gibt es hier zu lesen: https://github.com/edgecoinli/edgecoin-smart-education-solution/wiki
Edgecoin.io - World's first education and e-learning token built on blockchain
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