How cryptocurrency is democratizing education

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Education is really important as it helps to shape the young generation and ensure they grow to make a difference and to do better than those that came before them, every country can only be as strong as their younger generation who they believe would take over from the aging population and help a country to make even more advancement, and that is why the younger generation needs to be educated but sadly the education system in most countries is flawed due to one reason or the other but then with the emergence of cryptocurrency is really helping in democratizing education and ensuring that it's purpose for youths is being fulfilled and is more enjoyable process and accessible by everyone.

Sadly we live in times where many have been cut off from enjoying education due to one barrier or the other, it might be finance or lack of adequate facility or the fact that the traditional system makes it even harder for some to gain access to the education they want thereby hindering the growth of the young generation who will hope will help revolutionize and lead the new world order but sadly are being denied access to full education at its peak but then cryptocurrency has come and is really helping to democratize education and makes it really accessible to all thereby helping to ensure that the greater population is educated.

How so, with cryptocurrency it becomes very easy for everyone regardless of location to gain access to education and there are so many ways by which cryptocurrency has shown to be truly democratizing education in that it makes it really affordable and that makes it much easier for those with little financial power to still gain education and become useful to the state and contribute to the development of the nation, one without education is almost like someone handicapped and often when people don't have the financial capability it makes them even to despise education which makes them truly ignorant as only people who are narrow minded or ignorant of the importance of education despises it, but cryptocurrency has come to help solve this issues by it's attributes helping to truly make education decentalized and accessible to all truly democratizing education and I will be showing how it has done this below:

Reduced Financial Barriers

Cryptocurrency has helped to greatly democratize education by ensuring that one of the barriers faced before as a hindrance to gaining access to education which is the issue of finance is being solved really, with cryptocurrency it helps to ensure that financial barriers previously faced is reduced and some of the financial barriers could be having to deal with high fees involved in paying for educational services through traditional banks especially when it involves foreign education, the cost of international payments with traditional banks is so high that it discourages parents from providing that source of education to their children viewing it as high cost and too much for them.

But cryptocurrency helps to solve this issues greatly as it helps to lower transaction cost involved in making international payments for educational purposes, with cryptocurrency payment method there isn't any high fees and the payments are done swiftly with out any delay like we experience with traditional banks making it even more appealing for education lovers to want to acquire education and provide the best possible form of education for their children with the reduced barrier cryptocurrency gives, by making cross border payment for educational services very fast and reducing the cost involved in making such payment cryptocurrency truly helps to democratize education as student can easily pay for every educational services and materials and other online cost trusting that the whole processing time would be much faster.

And another great way cryptocurrency has helped to reduce financial barriers is ensuring and making it possible for students to make micro transactions, instead of paying off everything at once with cryptocurrency students can make frequently small payments each for whatever resources they may need at a particular time, in a very nice and easy way that it wouldn't really burden them and that serves to greatly benefits those with less financial power to still be able to uptain the level of education they want while making payments in a micro way and there wouldn't be fears of making this frequent micro transactions as there is no huge charge attached to it making it more rather easy for all to enjoy educational services either online courses or a degree or any educational material without the need for upsetting every cost as the beginning which is how cryptocurrency is truly democratizing education.

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Incentivized Learning and Rewards

Imagine the feeling student would have knowing that learning itself is incentivized, in our time it's not so surprising to see many young ones lose interest in education and some feel that way because of the economy they have found themselves in, some young ones today feel education is a scam and feel there time would be better spent on chasing money than acquiring education due to their poor background and don't really see the immediate need of acquiring education, but ofcourse with incentivize learning learning and rewards it could help even more youths to be interested in education, knowing that there is an incentive with learning this could help to bring more younger ones under the umbrella of proper education as they would even come to appreciate the benefits of education more because some who would rather chase after money than education is not because they don't know the value of education but due to the fact they feel if they put that effort into something else it could fetch them real money now if you could channel your energy into education and learn and earn as well it becomes a win win.

The prospect of learning and earning would truly appeal to the general public and make even more people willing to go to school and be educated and the more educated people we have the better chances of development on the country as education and learning helps to produce bright minds who looks for innovative ways to better and develop the country and that could be achieved through tokenized rewards which cryptocurrency provides because today in many educational platforms makes it in such a way that with every achievements a student could earn real token it could be for finishing a course or any other impressive achievement the rewards in form of tokens would help to ensure students strive harder and take their studies more seriously and not worry much about financial implications of acquiring high education as the rewards in form of token would help ensure students gains a level of financial support while learning as well.

Truly this is how cryptocurrency is democratizing education making it accessible and providing incentives in the form of token rewards sweetening up the deal to be educated, the earn as you learn model which cryptocurrency introduces helps to ensure that as much people as possible would truly welcome the idea of being educated, many people would jump at the opportunity to learn especially if the learning platform uses blockchain technology and that could also help to provide cryptocurrency knowledge to student as they pass through school which is useful in a world where finance is leaning heavily towards digital, so by providing tokenized rewards for learning and an easy earn as you learn model cryptocurrency helps to ensure that education is truly democratized something not offered by the traditional system.

Global Access to Education

With cryptocurrency too it becomes much easier for their to be a global access to education, cryptocurrency ensures that everyone from every country of the world gains access to education yes cryptocurrency removes every barrier created by traditional banks, yes due to lack of technology infrastructures in some places some students may not have the opportunity to even have a bank account and that will greatly limit them from making payments to facilitate their learning due to the banking barrier, now cryptocurrency comes in here in that it ensure that students doesn't need any bank account to make payments, bank account or no bank account with cryptocurrency they can facilitate any payment transaction and they would be using just their smart device, yes with just their phone they can access their cryptocurrency wallet and make payments at will without any worry and that is the kind of global access cryptocurrency gives willing learners and lovers of education.

There is no more excuse, you can't say I don't have a bank account or anything of that nature, every barrier caused by traditional banks which serves as a hindrance to those looking to access global educational resources is completely been removed by cryptocurrency, there is no barrier with cryptocurrency any course you want no matter your location as long as it's online you can pay for it with cryptocurrency and the payments is available 24/7 to serve you so students wishing to enroll for any course at all whether locally or internationally they can do so as every educational resources would be readily available and accessible to everyone which is the beauty of cryptocurrency and how it keeps democratizing education.

Cryptocurrency allows for borderless learning opportunity what this means is that no educational platforms none at all is restricted to someone due to payment purpose with cryptocurrency everything is very much possible students who are in places that are less developed and wishes to gain the best possible form of education could do so at the comfort of their home as payment could be made by them allowing them to access worldwide institutions without needing to do anything with their banks an the beauty is this students could learn through E-learning meaning students from very remote and less developed places can pay for an international course from a well developed country and still be able to learn at the comfort of their home without needing to leave by joing virtual online class which is how cryptocurrency is truly democratizing education.

Decentralized Educational Platforms

With cryptocurrency there is a rare opportunity of decentalized education platform the like of which we have never seen prior to now, decentralization which is one of the beauty of cryptocurrency is really another way cryptocurrency democratize education as it provides a direct teacher-student interactions which means that the student and teacher doesn't need to come under the umbrella of a centralized educational system inother to interact or to truly teach the student, now by the elimination of the large institution it means educational cost would be lesser and the cost of maintaining such large buildings wouldn't be applied on tuitions any longer helping to greatly reduce cost of acquiring education.

With decentalized education platforms offered by cryptocurrency due to blockchain technology it could help to improve education and democratize the whole educational system as we know it today by ensuring that teachers or lecturers offers or teach the students directly making it more personal and better for the teacher to tailor their teaching in a manner that will suit the need of each student and the payments of such educational services is done easily with crypto, this helps to ensure that educational services are even more cheaper and most importantly that it is even more personalized and that would help to ensure the seamless interaction of teacher and student.

So truly with a decentalized education platform cryptocurrency ensure that learning process are done in a peer to peer manner yes that's one of the good side or pecks of decentalized education as students learn and also share resources and knowledge between each other and that is done directly by the individuals involved, no third party at all whatsoever this helps to truly enable even the most timid students to be willing to express themselves and share innovative ideas with others thus helping to improve each other truly it creates a collaborative learning which is incentivized, indeed through the process of peer to peer learning cryptocurrency helps to democratize education and makes the ideal of learning much appealing to the younger generation.

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Conclusion

Truly through decentalized education platforms and global access to education and incentivized learning which cryptocurrency gives students a rare opportunity to learn an earn which is the pecks of a blockchain education platform and the fact there is reduced financial barriers that comes from using cryptocurrency payment method these are all the ways cryptocurrency democratize access to education which is truly innovative.