Learnchain, Learncoin and Learning miners: 3 ideas for a future world of decentralised learning

Learnchain & Learncoin

Learnchain is the idea of proof of lifelong learning where all of one’s learning experiences and credentials are logged on the blockchain. This Learnchain can be powered  by a Learncoin - a unique digital currency that can be used as a store of value and a medium of exchange to buy and sell learning experiences. A digital learning wallet that one can use to buy courses and projects so as to up skill oneself throughout one’s career. 

Learn To Earn

Further, Learncoins can help incentivise learning. Every time one earns a certificate by finishing a course or project, one gets rewarded with additional Learncoins that one can use to buy more learning. So the more one learns, the more one earns. And the more one earns, the more one is motivated to go back and learn. It’s a virtuous learning flywheel. 

Decentralised Peer To Peer Learning System

In this ecosystem, one can also propagate the idea of decentralised learning where anyone can learn from anyone else. A peer to peer learning system where Learncoins get exchanged for learning experiences between novices and experts.

Incentives For The Right Learning Behaviours

Learncoins can also be used to incentivise certain behaviours that tremendously boost learning, but which unfortunately don’t get enough attention in our current learning systems. One such behaviour is giving feedback on the learning. As part of the Learncoin protocol, the more feedback one gives other learners on a project, the more Learncoins one can earn.

Learning Miners

With the Learnchain ecosystem, we can also have learning guilds. Think of these as a group of custodians for the progress of different skills. A data science guild, a project management guild or even a writing guild. This is the group that can verify proof of learning thereby acting as learning miners who can regulate the supply of Learncoins in the Learnchain.

Previous
Previous

Taking the ‘extra’ out of extracurriculars: Why colleges should help students create a competency transcript

Next
Next

The B2B2C distribution model: How EdTech companies can build a powerful moat for themselves