• Crypto Lists
  • Bitcoin
  • Blockchain
  • ICO
  • Cryptocurrency
  • Altcoin
  • Advertise With Us
Newsletter
ItsBlockchain
  • Blockchain
  • Bitcoin
    featured

    A starter guide to Bitcoin Options trading

    Featured Image

    With Bitcoin Mining Capitulation Coming to an End, Will Halving Pump Begin?

    featured image

    Technical Indicators suggests Bitcoin can crash to 7000$ in next few days

    featured image

    Why is Bitcoin a safe haven in a financial crisis

    featured image

    How to Make Money in Crypto When It Falls

    featured image

    Despite Resurrection of Old Bitcoiners, HODL Waves Indicate Bullish Accumulation

    featured image

    Top 5 Online Merchants That Accept Cryptocurrency

    featured image

    An account into Bitcoin Lightning Network Progress and other Scalability Solutions

    featured image

    Why Bitcoin [BTC] Could Fall to $5,000. Now that Halving is Done

    Trending Tags

    • Altcoin
    • Crypto Lists
    • Trade Signal
    • News
      Bitcoin Market’s Sentiments turned bullish after USA President’s recent press conference

      Bitcoin Market’s Sentiments turned bullish after USA President’s recent press conference

      featured image

      Breaking : Crypto Trading is now legal in South Korea

      RBI to allow crypto trading

      Supreme court of India decided to lift off RBI Banking BAN against Bitcoin

      featured image

      Steemit Joining TRON Ecosystem

      Reliance Jiocoin

      Reliance Jio is preparing for Jio Coin launch in 2020

      A $134 Million real estate has sold on ethereum blockchain

      A $134 Million real estate has sold on ethereum blockchain

      Hacking attacks on cryptocurrency exchanges

      Hacking Attacks on Cryptocurrency Exchanges are rising, Why?

      Bithumb Launches in India

      Bithumb Global Launches in India

      US-China trade war effect on Bitcoin Price

      US-China trade war effect on Bitcoin Price

    • Crypto Market
    • Guide
    No Result
    View All Result
    • Blockchain
    • Bitcoin
      featured

      A starter guide to Bitcoin Options trading

      Featured Image

      With Bitcoin Mining Capitulation Coming to an End, Will Halving Pump Begin?

      featured image

      Technical Indicators suggests Bitcoin can crash to 7000$ in next few days

      featured image

      Why is Bitcoin a safe haven in a financial crisis

      featured image

      How to Make Money in Crypto When It Falls

      featured image

      Despite Resurrection of Old Bitcoiners, HODL Waves Indicate Bullish Accumulation

      featured image

      Top 5 Online Merchants That Accept Cryptocurrency

      featured image

      An account into Bitcoin Lightning Network Progress and other Scalability Solutions

      featured image

      Why Bitcoin [BTC] Could Fall to $5,000. Now that Halving is Done

      Trending Tags

      • Altcoin
      • Crypto Lists
      • Trade Signal
      • News
        Bitcoin Market’s Sentiments turned bullish after USA President’s recent press conference

        Bitcoin Market’s Sentiments turned bullish after USA President’s recent press conference

        featured image

        Breaking : Crypto Trading is now legal in South Korea

        RBI to allow crypto trading

        Supreme court of India decided to lift off RBI Banking BAN against Bitcoin

        featured image

        Steemit Joining TRON Ecosystem

        Reliance Jiocoin

        Reliance Jio is preparing for Jio Coin launch in 2020

        A $134 Million real estate has sold on ethereum blockchain

        A $134 Million real estate has sold on ethereum blockchain

        Hacking attacks on cryptocurrency exchanges

        Hacking Attacks on Cryptocurrency Exchanges are rising, Why?

        Bithumb Launches in India

        Bithumb Global Launches in India

        US-China trade war effect on Bitcoin Price

        US-China trade war effect on Bitcoin Price

      • Crypto Market
      • Guide
      No Result
      View All Result
      ItsBlockchain
      No Result
      View All Result
      Home Blockchain

      How Blockchain Can Revolutionize the Education Industry

      Guest Author by Guest Author
      April 18, 2020
      in Blockchain
      0 0
      0
      featured image
      1
      SHARES
      233
      VIEWS
      Share on FacebookShare on Twitter

      You must be wondering that isn’t Blockchain the same platform responsible for powering Bitcoin, the virtual currency that took off last year for all the right reasons and wrong?

      Then how can it be a platform that will revolutionize many significant industries of the world, including education?

      Will the schools start getting their fee through Bitcoin?

      The answer is no. Blockchain would have started it’s not such humble beginnings through Bitcoin, but it is a truly ingenious invention and a genuine product of the digital age. The technology would have started as the base for virtual currency kinds, but it has quickly proven to be much more than just that.

      According to the statistics published on Statista about Blockchain technology, the global spending on Blockchain solutions is estimated to grow to a whopping approximate of 16 billion by 2023. These figures clearly suggest that every company has already started to embrace the many benefits that the adoption of Blockchain technology has. And it is only a matter of time that many major industries like education fully embrace this global phenomenon for their advantage.

      If we talk about higher education, specifically, the opportunity for Blockchain is endless. Challenges like accessing credentials, cutting course costs, online enrollment, and transferring evaluations all can be easily done and used more efficiently, given the introduction of Blockchain in the domain.

      Ten Ways Blockchain Can Revolutionize the Education Industry

      Here are the top ten ways Blockchain can efficiently revolutionize the education industry for its own good.

      1. Improved Business Processes

      According to Hitarshi Buch, who is a lead architect in service transformation at Wipro, he envisions Blockchain to be the business process management or BPM tool for the next generation. He says that the increased security, agility, and efficiency that Blockchain has to offer for ways of conducting business is the best the human race would ever get to acquire and practice.

      2. Completely Transformed Business Models

      The open-access movement for the education industry has drastically changed how students view and receive an education. Assets in their education careers like credentials and curriculum are up for a complete innovative turnaround from the traditional ways of education. Thus, it is safe to assume that by the time schools, colleges and universities undertake Blockchain, the business models for the conventional education systems and mediums would be highly reformed to integrate something as efficient as Blockchain.

      3. Bitcoin as a Fee Payment Option

      Back in 2014, King’s College New York became the very first educational institution in the US to accept Bitcoin as a fee payment option. Not only did it give the students the benefit of safety regulation for payment, but it cut down the credit card transaction fee charges that were previously charged off of the students.

      4. Better Record Keeping

      There are undeniable record-keeping benefits when it comes to Blockchain. We have already seen how well the platform works to keep Bitcoin secure with all its relevant data in one place without any third-party intrusions. It is safe to say that in particular, the registration office of an educational institution which is responsible for managing the data and information of its student body. Like the records of registration data, transfer evaluations, courses, personal statement writing service UK payments, and other details, etc. It can help in not only keeping them secure in one place but guarantee you easy access and protection for intellectual property to reduce the risk of fraud, cheating, and duplication.

      5. Digital Certifications

      Back in 2017, one of the most prestigious institutions MIT issued its virtual diplomas to its graduates through smartphones. Other than being physically different from a paper diploma, the digital diploma has a point over it for never being lost or falsified. No matter what part of the world you take it to, it will be valid, acceptable, and stay with you forever. Digital certification will not only ease the problem that arises with issuing these degrees but also ease out the issues that arise before graduation to transfer accreditations between different universities.

      6. Mass Adoption of Online Courses

      MOOC or Massive Open Online Courses have been recently on the rise. Many professionals prefer to polish their skills further, given the option of studying from their own timings and not having to wear winter soldier jacket but studying from the comfort of their own homes. Blockchain technology offers a considerable measure of value to such courses as they make the universal accessibility of courses, certifications, and legitimacy criteria of the lessons being taught. It even makes transactions more effortless and secure.

      7. Talent Management

      Colleges may be taking their rightful fee, but they provide much more than just that into their students for them to come out as valuable professionals who go on to take bigger and better degrees from prestigious universities. But it is hard for a hefty college data to be maintained to keep track of every student who went where and became what in their lives.  Some technologies aid talent management as software for institutions. However, they are much vulnerable to cyber-attacks and are not particularly safe. Blockchain will definitely be the way to go and become a new base for talent management in the near future.

      8. Better Library Services

      Because it will become extremely easy to store information and data analytics for the library books as well as Blockchain can be used to digitalize the library completely. No need of stacking up piles and piles of books and outsourcing their read and risk losing an old classic valuable book to a student. Now you can easily make a digital copy and rent it out for a few dollars making it safe, easy, and efficient all at the same time.

      9. Transforming School Transportation Services

      One of the biggest challenges that students face in this modern-day and age is the conveyance issue. People don’t pay that much for their college tuition as much as sometimes they have to pay for transportation. Blockchain can be a game-changer in this aspect as well by connecting on-campus students to share a ride and agree to carpool based on the mutual areas and neighborhood if they share any.

      10. Making Education Affordable and Accessible

      Last but not least, the main change that Blockchain would readily bring would be of making education affordable overall. According to Forbes, the US student loan debt alone is $1.52 trillion. The student loan debt crises have increasingly become the bane of people’s existence quite literally. They spend their entire lives trying to pay off that debt, and even after a lifetime of getting paid are unable to pay back. Thus, Blockchain will revolutionize the concept of student loan debt. It will be a mighty savior for the students of the future who will not have to take debt, to begin with as it won’t cost that much at all, making education accessible to all students who aspire to study.

      In Conclusion;

      Blockchain is the most genuine product of the digital age. Blockchain was conceived in the last decade for an industrial revolution. It is sure to bring about one in the next ten years to come. With many other technologies paving their way in our lives and making it more tech-savvy and efficient, we are surely headed for a more fast-paced future in every aspect of our lives.  

      Author Bio:

      John William is currently working as a Data Scientist at Crowd Writer, ideal place to buy research papers. He has performed apprenticeship under many prominent figures of the field, giving him significant experience in this regard. You can check out his online blog forum for further reading about his opinions and interests.

      IBC-Transparent-Logo-(1)

      Subscribe To Our Newsletter

      Join our mailing list to receive Cryptocurrency investing and trading recommendations to your mailbox.

      You have Successfully Subscribed!

      Tags: featured
      Share1TweetPin

      Subscribe to get notified on latest posts.

      Unsubscribe

      Related Posts

      Can AI And Blockchain Be Used In The Fight Against Deep Fake?

      Can AI And Blockchain Be Used In The Fight Against Deep Fake?

      by Guest Author
      June 30, 2020
      0

      In this article, we will discuss how blockchain can be used in the fight against deep fake. Cybercrimes have been...

      featured

      Five Reasons Why Industries Adopt Blockchain

      by Guest Author
      May 20, 2020
      0

      As global commerce rapidly expands, more industries are adopting blockchain systems for record-keeping. Unlike standard databases, blockchain is a distributed...

      featured image

      Solana had a record launch on Binance with 380% price gain, what is this project all about?

      by Nivesh Rustgi
      April 11, 2020
      0

      With the evolution of the cryptocurrency and blockchain industry, the contributors to the ecosystem have arrived at a dilemma which...

      featured image

      Top 5 Largest Mergers and acquisitions deals in the cryptocurrency industry

      by Hitesh Malviya
      April 3, 2020
      0

      The cryptocurrency industry has undergone various changes in the past eleven years since its inception. Despite regular regulatory challenges, the...

      featured image

      How Blockchain Technology Will transform the Insurance Market

      by Guest Author
      March 31, 2020
      0

      By now, you've probably heard about the blockchain. Few technologies have experienced more buzz over the last few years than...

      Load More

      About Us

      We share important articles on blockchain technology here. Our mission is to spread the awareness about blockchain technology to masses through content.

      • Trending
      • Comments
      • Latest
      featured image

      List of leading partners of Ripple, and How they use XRP?

      May 2, 2020
      featured image

      List of ChainLink Partnerships which skyrocketed the growth of LINK cryptocurrency

      May 12, 2020
      featured image

      Top 10 Low market cap altcoins to invest in 2020

      June 2, 2020
      featured

      A starter guide to Bitcoin Options trading

      July 6, 2020
      How to Buy Cryptocurrency in China

      How to Buy Cryptocurrency in China

      February 17, 2020
      Find an Altcoin Bottom

      How to Find an Altcoin Bottom and Uptrend

      April 30, 2020
      binance exchange safe

      How Safe is Binance Exchange

      August 21, 2020
      playcent

      Introducing Playcent- Decentralised Wix for interactive apps and games

      December 14, 2020
      RioDeFi Builds a Bridge to India before its long awaited IDO on Uniswap

      RioDeFi Builds a Bridge to India before its long awaited IDO on Uniswap

      September 27, 2020
      Bitcoin [BTC] Price Analysis – Monthly Returns

      Bitcoin [BTC] Price Analysis – Monthly Returns

      September 1, 2020
      Featured Image

      PrimeXBT – A Smart Platform to Trade Crypto, Forex, and CFD

      August 28, 2020
      featured image

      Bitcoin [BTC] Price Prediction: Parabolic Fractals from 2019

      August 2, 2020
      featured image

      Top 10 Staking Coins Everyone Should Know About

      July 26, 2020
      featured

      4 Interesting Ways Blockchain Technology Impacts Higher Education

      July 21, 2020
      • featured image

        List of leading partners of Ripple, and How they use XRP?

        137 shares
        Share 137 Tweet 0
      • List of ChainLink Partnerships which skyrocketed the growth of LINK cryptocurrency

        55 shares
        Share 55 Tweet 0
      • Top 10 Low market cap altcoins to invest in 2020

        20 shares
        Share 20 Tweet 0
      • Top 5 DeFi Crypto Projects

        52 shares
        Share 52 Tweet 0
      • A starter guide to Bitcoin Options trading

        51 shares
        Share 51 Tweet 0
      ItsBlockchain

      We are India’s first and oldest Blockchain & Cryptocurrency publication platform started in 2016. We are a one-stop destination for technical analysis, cryptocurrency recommendations, and Blockchain technology resources.

      Buying Guides

      • Buy Bitcoins in India
      • Buy Bitcoins in China
      • Buy bitcoins in Russia
      • Buy Bitcoins in Japan
      • Buy Bitcoins in Turkey

      Important Links

      • Home
      • About US
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      Follow Us

      Contact us

      support@itsblockchain.com

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      No Result
      View All Result
      • About US
      • Home
      • Newsletter
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.