One of the newest ICO’s on the block is Bitdegree, a startup company which aims to disrupt Education in a big way. Their team and extensive board of advisers are working to provide a on point education for students and companies using blockchain.
The current education system is slow, costly and not equipped for the needs of today’s economy. With technology changing everyday companies need employees who are up to date and have the specific skills that match the job. This is a big problem for students as well as for companies. Students spend thousands of dollars on education and courses that may be obsolete by the time they are finished. And at the other side firms are spending thousands of dollars in recruitment.
A recent article in the undercover recruiter projected that the cost of hiring new personal in the UK through an recruitment agency will cost a company around £5,000. And the cost of training about £1,000 per employee.
Source: https://theundercoverrecruiter.com/true-costs-hiring-uk/
Bitdegree wants to solve this problem, by taking another approach to education all together. Companies will develop education courses with Bitdegree to meet their needs. Students who participate and start learning will be paid for targets they accomplish. Using Smartcontracts, they can get smart incentives and be paid in the ecosystems native token BDG. Companies will get to see the progress and get in contact with students that they think will be perfect for a position at their company.
I believe this is the most original approach to education to date, making education more accessible at a global scale so everyone will reap the benefits of the modern economy.
Andrius Putna is the Co-Founder of Bitdegree with years of experience in Software Engineering and has a clear vision how to get education to the next level. Bitdegree also had Robert Santana former Senior project manager from the popular online learning platform Coursera joining their team. With his experience and advise they will be able to be a big player in education in the near future.
Andrius Putna (left), Roberto Santana (center) and Danielius Stasiulis (right) at BitDegree office.
Maurice de Hond founder of the Steve Jobs School and entrepreneur is also an Advisor to the Bitdegree Team and has the connections and political influence to make this project succeed. He will be a powerful partner to get Bitdegree courses in today’s classrooms.
Maurice de Hond (left), Andrius Putna (center) and Danielius Stasiulis (right)
Source: https://blog.bitdegree.org/steve-jobsschool-founder-joins-bitdegree-as-advisor-2167bf04312c
Bitdegree already teamed up with Ethos, another disruptive company in blockchainland. There is already a blockchain course from Ethos on the Bitdegree platform. This course will let you get a feel for the platform and for people who are new to the cryptospace a basic understanding of Blockchain and cryptocurrency’s.
Source: https://www.bitdegree.org/en/course/cryptocurrencies-intro
We can be very excited for the future, when we see use cases for Blockchain technology that will change the world for the better. Bitdegree and their future projects are one of these disruptive use cases.
Earn to Learn is the future of education.
Good article. I bought some BitDegree in the ICO. One of the more interesting coins at the moment. I like the idea of being paid to learn. I was lucky that government grants were still available when I was a student, or there would of been no way that I would of done my further education. This really could be a game changer.
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Thank you for your reply glad you liked it. yeah a lot of people don’t get government grants, and governments are cutting those “expensives”. I hope the team succeeds cause we need a project like this.
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