* .
* .
Here Tony has a paid option. John can drag him to court. You can imagine the rest of the story.
Smart contract
Nếu dự án được cung cấp
Chuyển khoản $4.000 từ tài khoản của John được uỷ nhiệm không thể thay đổi
Here, Tony has no choice. If the job is completed, the money will be transferred from his account. Now, imagine how smart contracts can help students.
Nếu có 15 bài giảng về đề tài X
Tính phí cho sinh viên $100
If most students agree that lectures are not provided, no student will be charged. Students now hold leverage to honestly act universities.
The above smart contract can be deployed on many computers around the world (Ethereum Blockchain). Smart contracts when implemented will not be changed. No entity can control the entire deployment. Therefore, blockchain allows building a democratic system.
ODEM is a decentralized education market. They use smart contracts to mediate financial relationships between members (such as students, tutors). You should read the interview between David Smooke and the ODEM founder.
Remember, blockchain can be used to build a democratic system. This depends on how it is programmed and designed. Therefore, all blockchain solutions do not need to be democratic. Do not believe that all organizations that advertise on blockchain act honestly.
Class-based reservations are not a problem that Blockchain can solve. However, instead of relying on government funds, we can open investments to anyone. Blockchain brings transparency to the system. Therefore, goodwill sponsors can be assured their money has been used well. They can see exactly how much was spent.
People make fake profiles, copy projects from other records and many organizations issue fake certificates. Therefore, we cannot trust them.
Building a detection infrastructure is expensive for a platform like Coursera. On the blockchain, we have built the infrastructure. Free to read data from Ethereum Blockchain. Imagine if we have a place like Github, where you can see courses and student projects working in it.
On the blockchain, an agency that can sign certificates referring to this person who has learned digital marketing or the other who works on a Facebook campaign has brought about 25% of the change. Anyone can easily verify this certificate on Blockchain. If an issuer of a fake certificate, their assessment of the blockchain will be affected, it cannot be changed.
As mentioned above, although MOOC has great content, it does not provide 1-1 support. We need a large number of tutors to support students. Blockchain allows us to build a platform that eliminates geographic limits and eliminates costs by dividing into intermediaries. ODEM is focusing on solving this problem.
In the coming days, we can expect more innovations of Blockchain in education.
Author: Febin John James
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Having fun!