Blockchain in Education – Changing the Game
‘We don’t need no education’ sounds familiar, doesn’t it? It’s one of the most iconic refrains in a song in living history. And with this in mind, let’s focus on what sort of education we don’t need. Certainly, the education system worldwide seems ossified and this is simply not sexy.
But there are more ways to change education. And specifically, blockchain education. That’s why the Gibraltar Government is focusing on teaching everyone how to access these courses indeed. With this in mind, let’s dive right into it.
Launching Blockchain Education for Everyone
The Government of Gibraltar has embarked on a great task – educating everyone in the territory and teaching them about blockchain and effectively spawning an army of tech-savvy underlings, grown-ups and people who are now looking to change their profession.
The Gibraltar Chronicle broke the news on October 19, sending ripples across the investment world. Let’s face it, everyone appreciates it when more efforts to prop up the technology are made and we are not going to say we are not such aficionados ourselves.
With this in mind, let’s look at exactly what Gibraltar is doing. The courses will be held under The New Technologies in Education (NTiE) initiative with the help of the Government and the University of Gibraltar allowing everyone interested to start learning from top tech firms.
All courses that will launch in the year will also be backed by a lot of the industry’s leaders who will be travelling to teach classes, hold panels and generally impart advice on how to prepare a crop of future entrepreneurs.
The initiative will effectively be “Providing access to innovative courses with expert input from those using this technology in the private sector is a vital component in the development of a sustainable distributed ledger technology (DLT) commercial community in Gibraltar,” according to University of Gibraltar Queen’s Counsel Gilbert Licudi.
Everyone is naturally excited about the upcoming changes that blockchain can bring around and as a result, you see a lot of people acting up on that news and flocking to deliver a change.
“The launch of the NTiE advisory group continues to build momentum for Gibraltar as a hub for new technologies, following the announcement in January 2018 that Gibraltar would be the first jurisdiction globally to introduce legislation around Distributed Ledger Technology.”
Changing Education Beyond Gibraltar
There are a lot of applications that Blockchain can be found useful for. For instance, Electrify, a Singapore-based company, is allowing its customers to snap up electricity off the grid by paying on the blockchain.
There are many good examples of companies that are adopting blockchain as well. For instance, Alibaba and JD are already pushing ahead with plans to launch their own networks which will cut costs tremendously.
However, the technology is now available to also change education in a most significant manner. You will see that more educational bodies are spoiling for a certificate that will allow them to teach blockchain.
This is the technology of the future, and it seems that it’s here to stay. We can’t blame it at all.
Blockchain is also used to help some of the day-to-day activities that educational bodies really want to address, such as, and not only limited to, making sure that everything is recorded. For instance, IBM blockchain is using Hyperledger Fabric 1.0 that will help all educational institutions around the world use the same data and transfer it more easily.
Remember the days when you wanted to apply for college abroad? Or just apply for that matter. The dreadful days of the redtape may be finally gone and we should thank ourselves in earnest!
A lot can be achieved using blockchain technology in education. When all the data is available in all the same place, educators can access it, but it’s also far easier for institutions to use it between themselves to choose candidates and students.
Even academics themselves will benefit when their profile is on the public ledger and available for everyone to access!
Concerns for Security?
Blockchain is secure and initiatives such as IBM’s Hyperledger Fabric 1.0 are only a strong testimony to that overall level of security. The ledger would only allow accredited bodies to actually enact any changes in the common information, which will keep it safe.
When you have IBM running your security you are sure that everything seems to be on point. And who is really using the ledger you may wonder? It will be mostly the Open Foundation aficionados. The introduction of Blockchain technology is done mostly through the help of the Open Foundation and IBM, but more initiatives are clearly involved in making a difference in the life of pupils.
But if we are looking for concrete ways in which education will change as a direct result from blockchain, can we really name sufficient many?
Ways Education Wil Change as a Result from Blockchain?
There are many ways that education will change. Blockchain will even add to these. As we have already touched on the topic, transcripts are among the most likely candidates for that change. Everything will go in the ledger and all academia minutiae will be found there.
Badges is another popular idea that basically means that you will be allowed to benefit from. Basically, badges will be issued to students by the university recommending them directly to employers. Tired of sending your CV around? All you need to do is have a good academic record and then the employers will come looking for you.
It’s as simple as that. The blockchain will also benefit the infrastructure security in quite the significant way, too, allowing the whole system to function without a hitch or incursions from third parties. Yes, it’s truly as simple as we make it sound.
Education will see great days ahead of it. Many are talking about the online university as a threat to the existing status quo. But with the adoption of blockchain, the status quo is already happening.
It’s quite easy to see why, too. When you come down to it, you will notice that blockchain will make all the data you own available on the ledger and boost the career prospect of everyone involved.
If there’s no demand for particular jobs, people can always rotate their specialties and pick the rest of the skills on the actual job.
Thinking the Great Beyond – Can Blockchain Save Our Jobs?
Now that we have discussed blockchain in education, we ought to ask ourselves – how can blockchain help us save our jobs. This is a worthy question and one that we will need to address right there.
Blockchain will help people stay employed as they will allow them to adapt in a fashion that is timely, accurate and reliable. Of course, bringing a final solution around is never easy, but it’s precisely what blockchain has been created to do.
The University of Gibraltar is of course right to educate its students and citizens about the upsides of using blockchain on a mass scale.
Time may be running out for cryptocurrencies, but blockchain is the true trend setter that will be here way after cryptocurrencies have been upended, done and dusted.
So why not start learning today?