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Is blockchain the key to college success?

A scholar’s credentials and accomplishments, saved on and secured by blockchain know-how, can set college students up for faculty acceptance and faculty success, stated Joshua Samuel, the CEO of Cash for Faculty.

Throughout a session at FETC 2023, Samuel explored how blockchain can be utilized in actual world to unravel issues like information gaps, scholar motivation, attendance, instructor compensation.

Blockchain know-how holds the promise to vary a lot of what’s plaguing training immediately, he asserted. Blockchain depends on strategies of cryptography, which secures information from unauthorized entry and retains college students’ data protected.

A complete studying document (CLR) holds all scholar information in a protected format and follows scholar wherever they go. It carries their accomplishments and knowledge, making certain that their educational and private progress isn’t misplaced.

Cash for Faculty makes use of a system referred to as Scholarship Factors, that are digital information of scholar accomplishments saved securely by way of blockchain and accessible to schools. This, Samuel stated, helps paint a extra equitable image of a scholar’s potential, past take a look at scores and grades, as a result of the factors are legitimate information factors that can be utilized to make a extra knowledgeable and holistic resolution concerning admissions and monetary packages.

College students earn Scholarship Factors for doing 4 totally different actions, and when completed persistently, they’re on trajectory to go to any faculty of their alternative, Samuel stated:

  1. Attendance: College students have to point out up. Should you aren’t there, you possibly can’t study what you should study and construct on earlier information. Every time a scholar exhibits up, they earn factors.
  2. Supplemental studying: Some demographics don’t attain the “finish of the textbook” for numerous causes – habits points in classroom, funding, instructor availability, and many others. In that type of demographic, if the classroom is a scholar’s solely entry to that information, that scholar will function at a deficit. Supplemental studying by way of Cash for Faculty’s platform takes college students outdoors the classroom to allow them to proceed to study.
  3. Assessments: These reveal information gaps, and as revealed, they are often corrected and place you on the fitting trajectory.
  4. Extracurriculars: Group service, golf equipment, athletics, and so forth.

“What if we might take the worth we place on the SAT and unfold these factors out all through a complete Ok-12 journey, through blockchain?” Samuel requested. “And schools are capable of see the entire scholar, from kindergarten to 12th grade, past the classroom, together with childhood occasions [such as trauma] or systemic limitations that stop college students from demonstrating their true expertise and expertise.”

What’s extra, by way of nonprofit partnerships, companies and philanthropists can donate on to a person scholar or group of scholars to cowl further faculty bills not lined by customary scholarships.

Samuel stated Cash for Faculty’s predominant advantages embrace:

  1. College students who’re empowered can share duty for their very own studying, thereby creating the intrinsic values wanted for fulfillment
  2. The CLR gives college students a option to distinguish themselves from others as they pursue faculty and profession objectives
  3. Blockchain know-how can present equitable alternatives for faculty and profession for all college students be eradicating the psychological, monetary, and educational limitations to school

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Laura Ascione
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