Business idea built on Blockchain and Smart contracts.

in blockchain •  5 years ago 


  I have long been familiar with blockchain and Smart-contracts technology and understand that the potential of this technology is far from exhausted and the use of these technologies can qualitatively change the IT system as a whole.

I will give an example that may surprise a little.

  Now everyone has noticed a huge increase in language schools, courses and online learning of different languages. This is especially evident in Russia. The quality of education in these schools is constantly growing, but no one doubts that good success can be achieved only with the teacher who lives in the country, whose language wants to learn.


All over the world there was a sharp excitement on learning the Chinese language. Those teachers who really know this language are very popular and their training is not cheap. Therefore, the Chinese language is considered to be the most difficult to learn.


  Only such a teacher can teach those nuances that are not described in textbooks on foreign languages. Often many slang expressions and phrases are no longer used.

  And many who come to these countries can not fully understand what the person is talking about or asks or can not disassemble their local accent or intonation.

And if we create a completely new Platform built on Blockchain technology?!


on-skype.jpg

The platform will be the link between teacher and student. It is a place of unification for those who want to learn a particular language and those teachers who live in different countries of the world.

Let's say the student will live in Germany, and the teacher will be from China. The student also learn a lot from communicating with a person from a completely different country.

Each teacher will choose when he wants to work - the time, dates and duration of one lesson (in order to start teaching he will need only internet access and a computer with a webcam and headphones.

The student can see on the main window how other students are trained, analyze the feedback about the teacher. (This online window will encourage teachers to teach as best as possible to their students).' Through this window, the student will also be able to see the schedule, workload and free time for learning.

Smart - contract will serve to distribute the remuneration fairly between the teacher and the platform itself. Let's say that the higher the rating of the teacher , the lower will be the percentage of commission payments to the platform.

Information about students, their programs and academic performance will be stored using Blockchain technology. This method of storage is more reliable than storing information on centralized servers.

The platform will combine and connect with a lot of live users, it requires great power and a rapid response of the system. Speed is one of the important parameters of Blockchain technology.

There are some Blockchain eco-systems that can completely help with the development, launch and advertising of the project. This is beneficial for the platform, if successful implementation - it will attract additional investment in it. But more on that is a little bit lower.

High quality project implementation, as when used through a computer or mobile app.

Imagine, hundreds of real native speakers from dozens of countries of the world in one place, help many willing students to learn live communication, staging correct pronunciation and intonation. Why isn't that a great idea for a business? Or maybe there's another great idea?


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