By Jake Lee, founder of Magnet.
The online learning market is one of the fastest growth markets in the world, which should grow $ 545 billion By 2030. A major engine of this growth is the development of new technologies, helping to make learning online more accessible and more precious.
In 2019, Dell Technologies predicted that by 2030, 85% of jobs have not yet been invented. To respond to help to respond to evolving requests and anticipate new roles, I believe that finding alternatives to traditional education is essential.
Among emerging technologies, it is widely recognized that artificial intelligence And blockchain will have a significant impact on e-learning. Besides, I will focus on how industry professionals can take advantage of Blockchain technology to improve platforms and online learning strategies.
Online learning profile
A problem with online learning today is that students' results can become dispersed on the Internet. However, if the achievements of a student are recorded on the blockchain, it can be stored more easily and permanently in a public database accessible to anyone, rather than being kept in a private database controlled by a single education company.
Wave references
In addition to the above, the references that students gain can also be immutable, which means that they cannot be modified or falsified if they are issued on the blockchain. Blockchain technology would allow students to maintain a permanent and verifiable recording of their learning achievements that employers can have confidence.
Digital property
Another unique use of blockchain technology is the property of access to online learning. High quality online learning can be expensive and a student can afford only access to a single educational program. Currently, we pay for occasional access to online education, but blockchain technology could transform it by converting access to non -bubble token (NFT). This would allow students to really have the access they buy and resell it once they have finished the program. In doing so, they could recover funds to invest in other educational efforts.
An example of this would be an educational platform that allows users to buy access to online courses provided by the highest 1% of replacements. Each course would have a limited number of access allowance, which can be sold once the student has completed the course. For online learning suppliers, I think that this type of model encourages higher registration rates, prolongs the life cycle of educational content and creates a feeling of community property around the platform offers.
Tokenized awards
The latest case of using the blockchain technology that I would like to mention in this article is tokenized rewards. Education platforms can create a cryptographic token and establish a market for him, which gives him value. They can then distribute these tokens to learners as awards for their educational achievements. These tokens could then be used to buy more in -depth studies or, alternately, negotiated against money, increasing the incitement to learners to improve their online skills.
A final summary
The online learning market must grow, because I see that traditional education systems become obsolete and do not meet the needs of the labor market. Blockchain technologies and tools can play an important role in this growth.
When we examine how blockchain technology can be applied, we see potential in securing profiles of online learners, allowing transparent references, by establishing the property of the content and improving the reward systems.
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At Learnopoly, Finn has championed a mission to deliver unbiased, in-depth reviews of online courses that empower learners to make well-informed decisions. With over a decade of experience in financial services, he has honed his expertise in strategic partnerships and business development, cultivating both a sharp analytical perspective and a collaborative spirit. A lifelong learner, Finn’s commitment to creating a trusted guide for online education was ignited by a frustrating encounter with biased course reviews.