REVOLUTIONIZING EDUCATION WITH BLOCKCHAIN

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What is BitDegree?

BitDegree is the world’s first blockchain-powered, smart-incentive based online education platform which will revolutionize global education and tech recruiting. BitDegree shall directly align the incentives of students and anyone who wants them to become digitally smarter — like current or potential employers, digital service providers and sponsors.

BitDegree is an educational platform for everyone who is willing to study and get IT job.

Vission

The main purpose of the BitDegree platform is to let Students acquire skills that are currently required by the labor market.

Mission

The way to do it is not to ask business what skills they need in the far future (3–5 years), but to respond to explicitly expressed skilled labor demand quickly. BitDegree will directly align the incentives of students and anyone who wants them to become knowledge workers in digital economy — like current or potential employers, digital service providers and sponsors. Smart-incentive is a smart contract on Ethereum network ensuring the exchange of tokens between a sponsor (the Incentive Creator) and a student (the Incentive Taker), who is committing to study a specific subject in order to receive tokens (the Incentive).

The BitDegree platform will offer students online courses with a clear and transparent blockchain-based reward system and achievement tracking. Our use case for blockchain is not sensitive to prolonged waiting periods before transactions are committed, thus, overall platform overhead (as in expenses) of using Ethereum network for transactional and immutable data storage needs, will be low. To make the learning process as exciting as playing Minecraft we will use Octalysis framework of gamification design.

Introducing smart-incentives

Smart-incentive is an Ethereum blockchain based smart-contract ensuring exchange of value (tokens) between the incentive creator (sponsor) and the incentive taker (student). Incentive taker is committing to perform study effort in order to receive the incentive (tokens). The underwriter of this smart-incentive is the BitDegree platform, which will provide the proof of study effort verification. Any company (like a potential employer or a technology/service provider), government institution, (like a school, job centers or prisons) and even ordinary citizens can become an incentive creator. Smart-incentives will be created by Incentive Creators who will provide sponsorship amount and define maximum number of applicants, date and time of when students can begin enrollment to course, when enrollment becomes unavailable, and how long the incentives are left available to enrolled students. The Incentive Creator will be able to set prerequisites for candidates, availability and intensity of incentives for selected regions or even specific areas e.g. Tampa, Florida, US. Incentive Takers will be able to lookup what kind of Study courses are available to them in their locality with respect to their track records of achievements. All student engagement with smart-incentive will leave tamper proof trail in the blockchain. The smart contract will provide assurance of incentive payment. The use of Token enables us to serve the economic incentives to any student in the world, which is not possible with flat money due to high transaction costs

Is the platform also suitable for children education?

In the beginning our focus will be on the digital skills that are needed by employers, but there is no limit of what a smart kid can learn and we will not discriminate. In the future, we also foresee to address the skills and knowledge needed to acquire at the young age. More news about that — very soon.

THE BITDEGREE PLATFORM

We love the idea of running BitDegree platform on decentralized blockchain fueled internet. We believe in decentralization and self-sustainable architectures, however, we see the need for centralization of certain aspects of the platform (at least in the beginning) in order to enable shorter development and deployment cycles and to ensure faster market adoption. After evaluating the current technology capabilities, such as blockstack.org we have decided to start with mature, conventional web technology.

With time, we will aim to decentralize such things as course creation, course mentorship, verification of study, smart-incentives creation and others. At first, we want to make platform that is operational and we already have the basic implementations of some of the components in place up and running. Initially, the platform will provide minimal set of complete and functional services, essential to sustainability of the platform but we have a bold general plan for the future.

We follow core guiding principles for the platform design:

  1. decentralization,
  2. transparency,
  3. inclusion,
  4. sustainability,
  5. growth,
  6. disruption.

Assessment tools

Fast and efficient self-assessment is crucial to maintaining motivation. We will generate individualized chunk-focused or path-focused tests for student self-assessment based on testing datasets provided in each chunk. For programming tasks that can be automatically evaluated, this may include executable code to test the code written by students. Automated assessment will recommend which topics/ chunks to repeat to improve performance. Many assignment types require demonstration of creative thinking and have many known and unknown methods of solving problems given to students.

WHY BITDEGREE IS SUPERIOR TO ITS ALTERNATIVES

We are coming late to the market. Coming late to the market allows us to study history and attempts of each company to test ideas, techniques and to create user centric focused workflows. Being small allows us to rapidly test new ideas and ways we respond to the needs of our students, sponsors and contributors. We studied most of well-established remote education providers by enrolling to courses and learned best practices used but also experienced many difficulties. We analyzed availability and price of certification, availability of scholarship, value provided to scholarship sponsors and a level of gamification employed in educational process.

The market potential of BitDegree

It is easy for everyone to observe the rapid expansion of the remote education and e-learning markets. We believe that with the new incentivized learning model, BitDegree brings the next wave of e-learning adoption, which will spur the growth of the user base. We estimate the user base to double every two years..

BitDegree Platform Benefits

Six Things About Token Sale

The BitDegree crowdsale will begin this Friday on December 1st, 2017. There are only 660 million BitDegree tokens (BDG) in circulation, and we do not want you or any other token sale participants to miss out on this unique opportunity to reinvent education.

To buy your BitDegree tokens, and to find out everything you need to know about them, read the steps below!

• BitDegree tokens can be bought using Ether, the Ethereum currency (ETH) or any other cryptocurrency using Tokenlot. Therefore you will need to create an ether wallet. Read our guide about how create an ethereum wallet and buy BitDegree tokens here!

• BitDegree tokens are bought via the BitDegree smart contract, which is placed on the blockchain. An address to the smart contract will be published on www.bitdegree.org at 14:00 UTC, Friday December 1st, 2017. After you make your purchase, your BDG will be immediately transferred to your Ether wallet. You can discover how the BitDegree smart contract works on Github.

• We have a set a hard-cap of 30,000 ETH (approximately $12.5 million USD) and we are not making any pre-sales or deals with cryptocurrency ‘whales’. We believe that this inclusive approach will help transform potential BitDegree token buyers into fully-fledged BitDegree token holders, and lead to the creation of the BitDegree community. Read the BitDegree pledge here, which outlines the guarantees we have made to all of our token sale participants and token holders.

• We have safety precautions to protect you, your ether, and your BDG against cybercriminals. Whilst we are taking the maximum security measures to make our smart contract more secure, moving your ETH from the smart contract to external wallets increases the security of your funds. Here is the framework of the security measures we will use during the token crowdsale.

• BitDegree’s token sale has been approved by the National Bank of Lithuania (Lietuvos bankas). This means that our token sale is one of the very few in the world that has been approved by the national bank and supervisory body of financial market participants of its country of operation. Lithuania is a European Union member and is part of the Eurozone.

• BDG will be sent to each token sale participant immediately. The Token is ERC-20 standard, meaning it can be traded on cryptocurrency exchanges. The exchanges listing BDG will be announced after the token sale. The token will become tradable two weeks after the hard cap is reached.

TOKEN SALE

1. EQUAL OPPORTUNITY

Fair crowdsale — the same rules & the same opportunities to everyone. All discounts are public, with no hidden bonuses or secret deals. Here, everyone is equal and natural contributors are the key players of a project future.

2. 100% LAW COMPLIANT

BitDegree token is an utility token. BitDegree (LLC) is one of the few companies to receive official legal token sale approval from the national bank of its country of operation (Lithuania, EU), which is under control of the European Central Bank. 100% transparent & maximum secure.

3. TRANSPARENCY

Smart Contract is open-source and available for everyone on Github. There are no hidden rules or conditions. The participants will receive their tokens instantly after payment. The token pools of the team, advisors and foundation will be locked for a period of time to build stronger trust.

TOKEN TYPE : Utility

TOKEN SYMBOL : BDG

EXCHANGE RATE : 1 ETH = 10,000 BDG*

MAXIMUM GOAL : ~30,000 ETH*

TOKENS IN TOTAL : 660 million

ACCEPTED CURRENCIES : ETH (all other — via Tokenlot)

LEGAL FORM : LLC

JURISDICTION: Lithuania, EU

ESCROW :Tokenlot

SMART CONTRACT :

Github

Audit our Code

Allocation Funds

LEADERSHIP

TEAM

Details Informasion :

Website : https://www.bitdegree.org/en/token

Whitepaper : https://www.bitdegree.org/white-paper

Facebook : https://web.facebook.com/bitdegree.org?_rdc=1&_rdr

Twitter : https://twitter.com/bitdegree_org

Telegram : https://t.me/bitdegree

My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1283668



#News - http://gurubitcoin.tk/2017/12/revolutionizing-education-with-blockchain

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