Can Blockchain Bring More Educational Opportunities to People in Developing Nations?

May 17, 2018 at 08:13 // News
Author
Guest Author

There are numerous barriers preventing people worldwide from accessing necessary education. Parents often cannot afford to send their children to school, or the schools themselves are severely underfunded and lack resources to have a quality education. In some cases, there aren’t even schools at all, so young children are left without necessary instructions to carry them into adulthood.

Available educational resources are not always tailored for everyone. Global Citizen says,

“Despite the fact that education is a universal human right, being denied access to school is common for the world’s 93 million children with disabilities… A combination of discrimination, lack of training in inclusive teaching methods among teachers, and a straightforward lack of disabled accessible schools leave this group uniquely vulnerable to being denied their right to education.”

Learning never ceases after what is considered school-age, so adult education is especially vital for those who never had a proper foundation in the first place. Everyone needs knowledge to perform jobs, and make better choices of life in general—so how can education access reach people in poorer nations? One possible method is by making it digital through the abilities of blockchain technology.

SuccessLife: bringing education worldwide

When people think of education, their minds most likely imagine classroom settings. However, more and more options are becoming available, such as online courses, conferences, workshops, boot camps, coaches, and more.

When someone doesn’t own a vehicle and lives in an area with little or no public transportation, how is he/she supposed to attend workshops or seminars? How can they spare the cost of a coach or expensive books? If they have internet access, however, they have broad access to educational materials.

SuccessLife, a subsidiary of Success Resources, intends to be “the world’s leading digital marketplace for premium personal and professional development and educational content, the world’s largest global online and offline community for entrepreneurs or individuals seeking inspiration, motivation, or well-being,” hosting a massive library consisting of audio, video, and written resources. It’s also open for other users to share information, so it will be the place to go for any educational and self-improvement materials.

SuccessLife can help both adults and children alike who live in places where books are few and trained teachers are scarce. With everything online, and verified as legitimate by a community of users (there are money-hungry people taking advantage of the self-improvement industry by offering useless or generic information), people in developing nations won’t be as dependent on physical materials or set back by lack of qualified talent. People with disabilities, too, will benefit significantly from SuccessLife’s platform without the ordeals of the commute to a school.

How blockchain technology can help

SuccessLife’s platform is blockchain-based, meaning it’s decentralized. Hackers are less likely of harming the network. It also employs the use of a native cryptocurrency called SuccessLife Token, which can be used to make transparent and secure purchases for materials and transactions with other users. The system’s NewTycoon feature also rewards users just for participating, making access to materials more affordable.

This improved affordability is obviously beneficial for poorer nations. SuccessLife enables long-time students to pay for their education with SuccessLife Tokens, which eliminates obstacles such as limited access to bank accounts or credit cards. Wealthier platform users could also fund others’ educations easily and directly, rather than sending money to nontransparent charity programs.

Blockchain also enables students to record their progress more accurately throughout their lives. InformED mentions,

“With blockchain tech, learners could store their own evidence of formal or informal learning, share it with a desired audience, and ensure instant verification.” Zach Church, a writer for MIT Business Management, elaborates, “This means students have a CV that updates itself and can be shared with employers. Employers, on their part, can reduce their workload since they won’t have to verify CVs and can simply search instantly to see whether candidates have the skills they require.”

SuccessLife’s technology would help students vouch for their learning outside of formal diplomas. Job markets in poorer countries will develop more quickly when citizens are qualified for a variety of positions and able to prove it.

Some hurdles to overcome

Of course, residents of developing areas do not always have devices that grant them Internet access. Providing computers to such areas is a crucial first step towards an accessible education for everyone.

Disclaimer. This article is paid and provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company. CoinIdol shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services mentioned in this article.