Imagine wanting to learn and being curious, only to learn that the best opportunities are not actually within reach. Imagine putting in a lot of effort to earn a degree only to learn that it is useless and regarded with scorn in other parts of the world.
Decentralization and real, verifiable, on-chain ownership are concepts that Web3 is promoting to the world in order to create easily available educational possibilities. Traditional education is seeing disruption like never before in this brand-new, immediately applicable ecology of ideas.
Major Benefits of Education Entering Web3
On-chain schooling unquestionably offers two key advantages. The first results from having access to informative and educational resources from any location in the world, regardless of your identity. This means that if you were in Europe and wanted to attend a lecture given by a well-known professor at a university in Asia, you could do so with ease.
Many first-world, developed nations find it difficult to understand the ongoing educational issue that underdeveloped nations deal with on a daily basis. These nations’ citizens frequently struggle to obtain and purchase the right instruments to advance their knowledge and skills. These opportunities frequently have “paywalls,” which cost money when they are occasionally accessible.
On-chain degrees are the second important breakthrough for education within Web3. Due to the lack of renowned certification programs in many developing nations, prestigious colleges all over the world neglect degrees and other noteworthy academic accomplishments. This prevents residents of certain nations from traveling overseas to pursue higher education.
Cardano, a layer one blockchain, has been primarily devoted to closing educational gaps in underdeveloped nations all over the world. They began working on developing digital identities and expanding financial acceptance for Tanzanian communities after providing on-chain degrees to more than five million Ethiopian students who will be able to recognize them everywhere.
Making education easily available in nations where it is not currently the case is an aim shared by many other Web3 and blockchain projects. In many of these nations, financial inclusion and educational inclusion go hand in hand; societies with greater levels of education frequently have more financially inclusive systems, whereas societies with generally lower levels of education frequently lack financial inclusion. By the time they turn 14, 33% of African youngsters are out of school, and by the time they turn 17, that percentage doubles. Only 20% of people on the entire continent of Africa have bank accounts, which is in line with the continent’s schooling system.
On-Chain Education, From Web3, For Everyone
On-chain learning includes both the actual education component as well as putting diplomas and certificates on a reliable, trustworthy system that is accessible from anywhere. But how does on-chain learning actually appear in practice?
The Alter Ego Group will provide accessible and inexpensive education to every region of the world while they create the MMXXII metaverse for cultural preservation. Users can access the Alexandria Library of the 21st century, which includes a variety of educational resources and tools as well as world-famous architectural masterpieces, as long as they have access to the internet.
On-chain education and the preservation of our culture are the key goals of the MMXII metaverse and library. The organization wants to preserve our past while giving regular people access to knowledge and uncommon experiences. You can enter and read any books that have been digitally preserved in the collection, listen to recorded lectures, and view rare artifacts in this gorgeous and bright digital representation of a real library. These priceless experiences, lessons, and locations are helping to re-educate us permanently, thanks to the Alter Ego Group.
The true industry superpower is Web3’s accessibility, which frees services and goods from dependence on certain geographic locations. MMXXII is shattering strong barriers inside the traditional educational system and blowing the doors wide open for anyone to experience the teachings of brilliant thinkers, innovators, and educators without having to actually pay for the university or attend the library in order to consume this information and receive the knowledge.
Opportunities Are Everywhere On-Chain
There are excellent prospects for entrepreneurs, builders, and creatives to take advantage of, as this innovative new technology lacks a tried-and-true educational methodology. This entails creating teaching platforms and having a thorough understanding of this mostly unappreciated technology and digital assets.
The NFT project Roo Troop helps qualified Web3 participants find professions after completing their degree by focusing on both education and job placement. Roo Troop is one initiative best positioned to encourage innovation, adoption, and education throughout the whole ecosystem with the industry-leading Web3 job board and the Kanga-Kademy teaching platform, which are both exclusively available to holders of the NFT.
These kinds of initiatives are crucial to the development of Web3 education overall. People cannot be adequately onboarded into Web3 if they are not properly educated and cannot participate. The goal of Web3 is inclusion and accessibility in a trustless way, and this starts through education.
There are a ton of opportunities for those who fully comprehend how blockchain technology and web3 function because there are so few people in the world who do. Almost every traditional business is investigating blockchain, including fast food chains like Taco Bell, apparel manufacturers like Tommy Hilfiger, and payment processors like Visa and Mastercard. Due to the strong demand for and difficulty in obtaining advanced expertise, Web3 is an excellent way to break into almost any business imaginable.
A better, more frictionless future with blockchain technology will be paved by initiatives centered on education and the overall sustainability of the business.
Speaking of the education system coming to Web3, educational textbook publisher Pearson has announced the start of Web3 ventures for the company including NFT textbooks. Blockchain and Web3 entrepreneurs are also building new ways for non-profits to raise funds via digital currency, and awareness for their causes. Read that article here.
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