The value of blockchain technologies are forecast to grow to more than $176 billion by 2025, and then $3.1 trillion by 2030 according to the Gartner Group (2017).
Ripple funds $29 million to over 35,000 teacher education projects this week on DonorsChoose.org providing instant awareness and a dose of reality to the cyrptocurrency world and blockchain technology.
Self-Owned Academic Credentials on the Blockchain
The current higher education credentialing system is riddled with inefficiencies, slow turnaround times for requests, and lots of administrative overhead. It is a sadly needed but archaic system that is ripe for disruption and improvement.
BitDegree Fills Tech Gap in Higher Ed via Blockchain
When students can’t rely on Universities to learn what they need to succeed in the tech sector, they start looking elsewhere.
Blockchain, Privacy & HigherEd Compliance Under Mandatory EU Policies
The GDPR that will impact higher education across the world. While the law goes into effect on May 25, 2018, it means any institution, anywhere in the world, that recruits students from the EU, or sends students to the EU, will have to comply with GDPR. Does Blockchain help or hurt?
A Walk on the Block
Thanks to the good folks at MIT, you too can write a hash and build a blockchain. Click in and give it a drive..
EU Report Urges Blockchain Advances in HigherEd
In late 2017, the European Commission’s Joint Research Center produced an exploratory study to understand what can enable both the process of awarding, issuing and recognizing degree credentials in an our advancing digital/internet economy.
MIT Awards Degrees via Blockchain
In the Fall of 2017, MIT students were able to immediately receive their secure, verified, and time-stamped diploma to their mobile device via the blockchain, enabling them to officially produce their diploma as proof of completion to potential employers.
How Bitcoin and Ethereum Scaling Solutions Could Work for Higher Education
The Lightning Network is an ‘off chain’ solution that allows parties to transact with each other in ‘bidirectional’ channels off of the main Bitcoin blockchain, with set rules in place to ensure validation and compliance for both parties
Prelude to Change
- Almost every aspect of life is plugged in, connected and interoperable as we now reside well into the early years of the new decentralized and autonomous economy. What will be considered today as the building blocks for a futuristic approach to higher education will be recognized as old school foundations that enabled us to take educational delivery to the next level.
- American college and university resistance to change were unknowingly hand-baked into their foundational culture by faculty and a group of university presidents in the middle of the 20th Century, not relics carried over from the Middle Ages. Principles supporting freedom to teach and do research were influenced by the times, as much as the need to assure an untethered search for the truth. These traditions, woven into …
Higher education absorbs millions of tax payer dollars in structures, processes and systems that have dramatically swelled administrative expenses, with many colleges losing their balance concerning institutional costs, teaching and student success
- America has a college-completion crisis. Only 59% of college students graduate within six years, nevermind four.
- Americans owe over $1.4 trillion in student loan debt, spread out among about 44 million borrowers. That’s about $620 billion more than the total U.S. credit card debt.
- HigherEd is unaffordable. From 1995 to 2015, the average tuition at private colleges increased 179%. Tuition and fees for out-of-state students at public universities jumped 226%, in-state tuition increased by 296%.
- Enrollment Declining: college-age population dropping in the Northeast and Midwest by about 5 percent by the mid-2020s. The Northeast and the Eastern half of the Midwest will have 20 percent to 25 percent fewer college-going students. These changes reflect a combination of longstanding population shifts toward the South and West combined with a deep (13 percent) drop in birth rates following the financial crisis.
HigherEdBlockchain serves to bring information and awareness to the Higher Education community through open source highlights, news and research. Our deep respect and hope for the future of post-secondary education means we strive to expedite the learning curve for innovation well beyond its traditional pace and capacity.
Our vision is to provide the most recent information and insights that ignite curiosity, drive debate and inspire change that utilizes the most relevant and advanced distributed ledger technology tools (blockchians) to generate affordable access to quality higher learning and teaching.
Ben Matthew Corpus, CEO and Founder of HigherEdBlockchain, Inc., has more than 17 years of progressively responsible experience as a vice president and senior university executive at four institutions overseeing enrollment management and student affairs. He also served in academic affairs building academic programs, evaluating faculty appointments and was a tenured associate professor for ten years. He later founded a strategic higher education consulting firm and a College Counseling firm. He has a PhD from NYU in Higher Education Policy and was honored to be a Hispanic Association (HACU) Leadership Fellow in 2004 and an AASCU Millennial Leadership Fellow in 2006. He has a BA from Oswego State University, an MS from the University at Albany, and earned certificates in Executive Negotiation and Higher Education Management from Harvard University.Ben Matthew Corpus
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