It was not a long time ago when blockchain came into existence. Today, its usage has become a common thing across different niches, including the education sector. Have you heard about any blockchain application in education? If yes, then you might be knowing the benefits of adapting to blockchain for education.
Let’s find out the impacts of using blockchain in education industry:
- Usage of smart contracts for distributing coursebooks and study materials
Blockchain-based smart contracts are executed automatically when the necessary prerequisites are met successfully. Blockchain experts can use them for selling the study material and coursebook automatically to the platform users. Similarly, the teacher can set limitations on the due date of submitting an assignment.
2. Handing over report cards and certificates
Blockchain’s immutable ledger helps to maintain the chronology of events. Thus, it will be easier for educators to trace the attendance and performance of each student and provide report cards and certificates to the global students with ease.
3. Rewarding made easier
Blockchain helps in incentivizing or rewarding students through tokenization. It will help to keep the students motivated.
4. Payment of tuition fees
As the blockchain-based education platform will have global reach, the hassles of charging tuition fees will also be ended with the help of smart contracts. Here, it is noticeable that the students can seek help from international educators without paying additional fees to third-party intermediaries.
Conclusion
Blockchain for education helps to handle several challenges coming across the teachers for providing access to education to each and everyone interested, irrespective of different geographical locations. With blockchain in education industry, there will be no hassles of receiving fees, distributing the study material, receiving the assignments, and rewarding the students. If agree, then you may also develop a blockchain application in the education niche with the help of Antier. Let's have a talk!