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Topic: Atheneum - Education Meets Blockchain (Read 383 times)

newbie
Activity: 1
Merit: 0
February 01, 2020, 09:26:30 AM
#2
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copper member
Activity: 86
Merit: 0
March 16, 2019, 06:31:08 PM
#1
  If blockchain solves third party problems then it begs the question: what third party problems currently exist?  Finance is one, sure, but there are many cryptos trying to solve that problem and are seemingly off to a great start.  What about education?  If you rated education from 1-10 as a whole (K-12 and college/university), what score would you give it? My guess is that it'd probably be pretty low.  Education is expensive and largely inefficient.  More and more money is spent on education every year but the common assumption is that the quality is perpetually going down.  Why?
  I would postulate that the reason is that education is a third party problem to the max.  Education involves students, teachers, and institutions.  If you had to pick, which of the three adds cost but could also be causing a reduction in efficiency? You got it, the institution.  Studies show that over the last 40 years, spending on education has increased by several orders of magnitude while teaching positions have not.  So where is all of that money going?  To growing administrations and other non-teaching positions. 
  So the bottom line is that you pay more and get less.  Atheneum is a building a platform powered by blockchain technology that removes the costly and inefficient institution and replaces it with an open market where students and instructors can interact freely.  It's a beautiful thing.  Check out Atheneum's full ANN here if you would like to know more:

https://bitcointalksearch.org/topic/ann-atheneum-aem-worlds-1st-dalo-and-pol-a-free-market-for-education-5113329
   
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