02.0 Vision - edgecoinli/edgecoin-smart-education-solution GitHub Wiki

The vision of Edgecoin

What is future education?

Is future education smart and built on blockchain?

The vision is the groundbreaking disruption of the old education industry and all of its branches. The following points are initial use cases which Edgecoin can provide right after the mercury phase.

  • Users pay with Edgecoins on every major e-learning platform for courses and other content they have passed or consumed.

  • Users obtain valid, encrypted and unique certificates via Edgecoins smart contracts in just one process.

  • Students can see and manage their academic development or the whole career in their Edgecoin based smart contract (online and/or stored on a secure device) that was provided by their university at the beginning of their studies.

  • Institutions can get rid of their old and heavy documented certification process by having it all digitalized, organized, governed and issued by the Edgecoin technology.

In the long term, Edgecoins aims to fundamentally change the world of education. One can imagine a world where no one receives their grades on a paper. A paper, that may get lost or damaged, so the student has to pay again to receive a copy. A paper, that has to be translated into several languages and confirmed by notaries, which will cost money again. Instead the student simply receives an private key that gives her/him complete control of the public key that shows all of her/his academic accomplishments. While this may seem only like a small improvement, a closer look shows us how powerful this will be. By bringing education to the blockchain, we completely tear down borders and shred bureaucracy. Instead of sending papers, mails or other files when one only sends the public key that has all the information stored on it. Imagine finishing your school in Russia and applying for a job in the United States. You no longer need to translate your academic grades, work experience or anything else. Even further we do not apply for jobs at all anymore. Edgecoin will provide a platform in 2027 (much faster in reality, but let´s stick to the timeframe for this article) where you simply provide your public key. All employers and employees will be listed here and you can decide who will see your profile. Now our unique system matches job offers with qualifications! This will not only help find your dream job, but also help companies find the workers who perfectly fit their need.