Abstract
Blockchain is arguably the next technology-mediated socioeconomic mega trend after the ongoing era of Net Neutrality and Big Data. This theoretical paper explores blockchain technology and its impacts on education. It is argued that we cannot take for granted that the network neutrality, popularized accessibility of the Internet and its influence on education will remain as we know it today. Blockchain promises, among others, a greater control over financing and investing in education, implementing instructional projects, a certification/accreditation system and learning. Education blockchain with its distributed ledgers would set novel standards of crypto-learning and crypto-administration that are acceptable across organizations and nations, enhancing thus the objectivity, validity and control of information without being compromised by socio-economic instabilities. The slow rate of adoption of blockchain technology in education reflects the rate in the fields of finance and management but, at the same time, it poses a few critical challenges such as lacking tangible incentives for technology maintenance or ‘blockchain mining’ (inward sustainability) coupled with a rather feeble orientation to collective development of education (outward sustainability).
Highlights
Education blockchain with its distributed ledgers would set novel standards of crypto-learning and crypto-administration that are acceptable across organizations and nations, enhancing the objectivity, validity and control of information without being compromised by socio-economic instabilities
Blockchain is one of many Distributed Ledger Technologies (DLTs) and it has been identified as a technology-mediated socioeconomic system that is taking over the era of Net Neutrality, Big Data, global market capitalization oligopoly and, broadly and aphoristically, ‘Google’s System of the World’ (Gilder, 2018)
Blockchain is considered as the technology-mediated socioeconomic mega trend after the ongoing era of Net Neutrality and Big Data (Gilder, 2018)
Summary
Blockchain is one of many Distributed Ledger Technologies (DLTs) and it has been identified as a technology-mediated socioeconomic system that is taking over the era of Net Neutrality, Big Data, global market capitalization oligopoly and, broadly and aphoristically, ‘Google’s System of the World’ (Gilder, 2018). This paper discusses the actual and potential impacts of blockchain technology on education, that is, blockchain as a new paradigm for digital data management and learning. The section will be devoted to the potentials and actual applications of blockchain technology in and for education.
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