Web3 education: There are new players in on-chain education that can disrupt traditional systems, says Patrick Haggerty.
Educational opportunities become easily accessible with the advent of Web3. In such a new ecosystem of ideas, traditional learning can be disrupted like never before.
Web3 Education: Potential Benefits
There are two major, undeniable benefits of on-chain education. The first comes from accessing informational and educational tools, services and products from anywhere in the world, no matter who you are. This means that if you are in Europe and want to take a lecture from a world-renowned professor at a university in Asia, you will be able to easily get in and listen.
Less developed countries face the problem of education on a daily basis. Citizens of these countries often struggle to afford and materialize the proper equipment to expand their skills and enhance their knowledge. In the rare instances they are accessible, these opportunities sit behind “paywalls”, which are the cost of much needed capital.
The second major development for education within Web3 is the on-chain degree. Many underdeveloped countries do not have prestigious certification programs. It causes top-tier universities around the world to disregard degrees and other important academic achievements. It prohibits citizens residing in these countries from finding work abroad using these degrees or to pursue further education abroad.
Filling the educational gap
The Layer One blockchain, Cardano, is primarily focused on rectifying educational gaps in underdeveloped countries around the world. They are bringing on-chain degrees to over 50 million Ethiopian students who will be recognizable anywhere. And they have started working on creating digital identities and advancing financial acceptance for Tanzanian communities.
Cardano aims to make education easily accessible in countries where it is not, similar to many other Web3 and Blockchain initiatives. Financial and educational inclusion go hand in hand in many of these countries. A more educated society often has a more financially inclusive system. Countries that generally lack education often lack financial inclusion. 33% of children in Africa do not attend school by the age of 14 and this number doubles by the age of 17. In line with Africa’s education system, only 20% of people living across the continent operate bank accounts.
on-chain learning
On-chain learning includes both the degree and certification along with the real education aspect in an authentic and trustworthy system accessible from anywhere. But what does on-chain learning look like physically?
One example of the new Web3 education offerings is The Alter Ego Group. They are building the MMXXII metaverse for cultural preservation. They say it will bring affordable and accessible education to all corners of the world. As long as an Internet connection can be made, users will be able to access the Alexandria Library of the 21st century. The plan is that it will include information about the architectural wonders of the world, along with various educational materials and equipment.
This metaverse and library are primarily focused on on-chain education and preserving history. The company says the Metaverse Library will aim to be a beautiful and vibrant digital version of the physical library. People can enter and read any book digitized in the collection, listen to recorded lectures and view priceless artworks.
The reach of Web3 is the real superpower of the entire industry, which no longer binds services or products to physical location requirements. Education metaverses like MMXXII can break down barriers inside the traditional education system, without actually attending a university or library to consume this information and gain knowledge.
Web3 Education: Other Examples
The NFT project, Roo Troop, focuses on both education and job placement. It helps qualified Web3 participants to get a career after getting educated. It has a Web3 job board, and is well positioned to drive innovation, adoption and education.
Happen[In]Crypto itself provides a number of educational resources on the Learn page. You can learn about cryptocurrencies and NFTs as well as trading and investing. And, there is a downloadable e-book on cryptocurrencies and sustainability efforts in the industry. Each lesson is labeled according to its difficulty, and trending lessons are brought to the top. It helps to know what everyone is talking about.
Projects like this are essential to the advancement of Web3 education. Without properly educating people, they cannot be properly incorporated and participate in Web3. Web3 aims for inclusion and access in a trustworthy way, and that starts through education.
Because there are very few people in the world who fully understand how blockchain technology and Web 3 work, there are so many opportunities for those who do.
Almost every traditional industry is exploring blockchain, from fast food restaurants like Taco Bell to fashion companies like Tommy Hilfiger and financial institutions like Visa and Mastercard.
This makes Web3 a great way to get a foothold in any industry imaginable, which demands advanced knowledge and is extremely hard to find.
Projects focused on education and the greater good of sustainability for the industry as a whole will pave the way for a brighter, simpler and frictionless future.
About the Author
Patrick Haggerty is a content and marketing writer passionate about decentralized and blockchain-based technology.
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