Is blockchain the key to college success?

Blockchain MARKET_WATCH

A student’s credentials and accomplishments, stored on and secured by blockchain technology, can set students up for college acceptance and college success, said Joshua Samuel, the CEO of Coins for College. During a session at FETC 2023, Samuel explored how blockchain can be used in real world to solve problems like knowledge gaps, student motivation, attendance, teacher compensation. Blockchain technology holds the promise to change much of what’s plaguing education today, he asserted. Blockchain relies on methods of cryptography, which secures data from unauthorized access and keeps students’ information safe. 

 

A comprehensive learning record (CLR) holds all student data in a protected format and follows student wherever they go. It carries their accomplishments and information, ensuring that their academic and personal progress is not lost. Coins for College uses a system called Scholarship Points, which are digital records of student accomplishments stored securely through blockchain and accessible to colleges. This, Samuel said, helps paint a more equitable picture of a student’s potential, beyond test scores and grades, because the points are valid data points that can be used to make a more informed and holistic decision regarding admissions and financial packages. Students earn Scholarship Points for doing four different activities, and when done consistently, they’re on trajectory to go to any college of their choice, Samuel said: Attendance: Students have to show up. If you aren’t there, you can’t learn what you need to learn and build on previous knowledge. 

 

Each time a student shows up, they earn points. Supplemental learning: Some demographics don’t reach the “end of the textbook” for various reasons – behavior issues in classroom, funding, teacher availability, etc. In that sort of demographic, if the classroom is a student’s only access to that knowledge, that student will operate at a deficit. Supplemental learning through Coins for College’s platform takes students outside the classroom so they can continue to learn. Assessments: These reveal knowledge gaps, and as revealed, they can be corrected and place you on the right trajectory. Extracurriculars: Community service, clubs, athletics, and so forth. “What if we could take the value we place on the SAT and spread those points out throughout an entire K-12 journey, via blockchain?” Samuel asked. “And colleges are able to see the whole student, from kindergarten to 12th grade, beyond the classroom, including childhood events [such as trauma] or systemic barriers that prevent students from demonstrating their true skills and talent.” 

 

What’s more, through nonprofit partnerships, corporations and philanthropists can donate directly to an individual student or group of students to cover additional college expenses not covered by standard scholarships. Samuel said Coins for College’s main benefits include: Students who are empowered can share responsibility for their own learning, thereby developing the intrinsic values needed for success The CLR provides students a way to distinguish themselves from others as they pursue college and career goals Blockchain technology can provide equitable opportunities for college and career for all students be removing the mental, financial, and academic barriers to college Related:AVID has huge benefits for high school studentsMost high school grads feel their skills aren’t up to par Laura Ascione is the Editorial Director at eSchool Media. She is a graduate of the University of Maryland's prestigious Philip Merrill College of Journalism. Latest posts by Laura Ascione (see all) 

 

Source : [Is blockchain the key to college success?](news.google.com/__i/rss/rd/articles/CBMiUGh0dHBzOi8vd3d3LmVzY2hvb2xuZXdzLmNvbS8yMDIzLzAxLzI2L2lzLWJsb2NrY2hhaW4tdGhlLWtleS10by1jb2xsZWdlLXN1Y2Nlc3Mv0gEA?oc=5) undefined - eSchool News / January 28, 2023

Join our 70k+
tribe of Akters

Have any questions?

Check our Q&A

About the AKTIO coin

Benefit fully from our ecosystem

What’s new in the App?

We’re adding new features

Customer support

support@akt.io

+353 1 574 7382

+39 06 4525 6900

Opening hours:

Monday to Friday: 9am - 5pm CET

Company

About

AKTIO coin

Careers

Learn

News

Glossary

AKT Academy

Help

FAQ

Sitemap

System Status

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata ICO Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma

Italy

Automata Pay Ltd, Reg number 12208424 and incorporated in the United Kingdom is the registered agent of Modulr FS Limited, a company registered in England with company number 09897919, authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573). Traditional currency will be safeguarded by a licensed bank in segregated accounts in accordance with regulatory requirements.

Automata Pay Europe Limited, Reg number 69028 and incorporated in Ireland is the registered agent of Modulr FS Europe Limited, a company registered in Ireland with company number 638002, authorised and regulated by the Central Bank of Ireland as an Electronic Money Institution (Institution Code C191242). Traditional currency is safeguarded as e-money in accordance with our regulatory obligations. Traditional currency will be safeguarded by a licensed bank in segregated accounts in accordance with regulatory requirements.

Automata ICO Limited, Reg number 690280 and incorporated in Ireland has applied for a Virtual Asset Service Provider registration with the Central Bank of Ireland. Whilst the application is ongoing we are permitted to continue business as a Virtual Asset Service Provider in line with the Central Bank of Ireland's regulatory disclosure statement as required under section 106L of the CJA 2010 in relation to registered VASPS. It is important to note that a registration as a VASP is a registration for Anti-Money Laundering (AML) and Combatting the Financing of Terrorism (CFT) purposes only. While Automata ICO Limited does have certain financial crime control obligations under this registration, cryptoasset services remain largely unregulated. The Financial Ombudsman Service or the Financial Services Compensation Scheme do not apply to the cryptoasset activities carried on by Automata ICO Limited.