#AI@Work: Whose Credentials Are They?
Traditional learning environments are not the only ones that will benefit highly from blockchain. Open and distance learning will need to adapt this fairly quickly because the benefits to business will be significant. Blockchain offers the ability to combine educational resources and provide a competitive advantage. It can aid in effective decision making and bridge the gaps between priorities, models and effective practice. Blockchain has the ability to help predict future trends and reach market demands.
Education and training can benefit tremendously from the characteristic of blockchain known as sharing. It can be used to allow education to reach people beyond institutions and organizations and in countries that currently lack access. It can certainly ease the process of validating credentials and certificates and help ensure transparency and quality in education. Performance and reliability go hand in hand with transparency and confidentiality. It’s not that the application of blockchain to education will be without issues. But the benefits to long term improvement can outweigh the challenges. Areas like individual privacy, profiling, reframing skills, performance, inclusion, distribution and regulation will have to be explored thoroughly.
Blockchains have a natural place in tracking, managing and authenticating activities in online platforms especially in MOOCs (Massive Online Open Courses). MOOCs have a notoriously small completion rate and blockchain might be used as a motivational tool. Most importantly, blockchain has the potential to increase trust in learning. There are still many challenges to overcome but the benefits can be huge for enriching the experience of learners on all levels (Pulist, 2021).
Clear learning pathways can be another benefit from blockchain. Blockchains can be developed on a community level to match schools and employers to provide an education to employment pipelines. If everyone joins in and uses the same blockchain, the possibilities are exponential. The ability to transfer credits easily between community colleges and four-year institutions can be immediate.
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