Blockchain in Education

This new educational platform uses blockchain smart contracts to automate administrative tasks, protect and secure faculty and students.

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Smart Contracts Solutions for Accountability

Teachers may use blockchain smart contracts to enter into digital agreements with students about the completion of their assignments. The agreement spells out all of the assignment specifications, including the guidelines, conditions, due date, and deadlines.

If a student completes the assignment and follows all of the terms of the agreement, they may be given automatic access to the next portion of the course or obtain credit and a certificate of completion.

Finally, smart contracts solutions can help provide individualized learning within a conventional classroom environment, as well as provide the motivating aspect that is often lacking in traditional educational systems.

Incentivization Mechanism for Students and Teachers for Producing Better Outcomes

To empower students and inspire teachers to contribute to the educational process through developing innovative learning materials and engaging in study, cryptocurrency and tokenized credits prove efficient incentive systems. Smart contracts can be designed to reward completed tasks with cryptocurrency. Teachers will be able to further inspire students by offering extra credit to top performers.

Rewarding students for completing a particular major and earning a university diploma could dramatically reduce the number of dropouts.