Credit Chain, redefine learning with blockchain

Learning is an eternal topic. From ancient times to the present, the importance of learning is self-evident, especially in today's era of rapid changes in the Internet. Cognitive iteration and upgrading are the basic abilities of human beings to obtain a good quality of life in the 21st century. However, the means and methods of learning have not changed much for thousands of years. From ancient private school education to today's school education, it is still a traditional model. For example, learning is not interesting for most people, and only a small number of people develop learning habits and can learn spontaneously; there are criticisms of certification based solely on results, and the learning process cannot be fully and scientifically recorded; educational resources for learning are scarce and the cost of education is expensive, etc.

Although people have been trying to make learning more efficient and convenient, there has been no breakthrough. Even with the advent of the Internet, there seems to be no revolutionary change. The birth of blockchain technology has given the Credit Chain team a possibility. Based on blockchain technology, the Credit Chain issues a token called Credit Coin ( XFB). The Credit Chain Alliance is committed to innovating and meeting the needs of various educational scenarios, for example: allowing learners to receive credit coins during the learning process. People who get credit coins can purchase more learning content at preferential prices from educational training institutions that support credit coins, reduce learning costs, and make learning opportunities more equal. Educational institutions joining the Credit Coin Alliance can easily access more cutting-edge educational technology, while corporate brands and products gain social authority, credibility and recognition. The issuance of credit coins can also record the real learning trajectory through the credit chain, which is an important reference for the certification and assessment of academic performance or academic qualifications. Make the entire learning process motivating. By utilizing the decentralization, immutability, and openness of blockchain, the entire learning process can be made transparent and recordable, and the educational concept of equality and freedom can be implemented and promoted more fairly.

For learners, the credit coins issued by the credit chain are similar to the mileage points of airlines. However, in the traditional mileage points model, the total amount of mileage points issued cannot be controlled. The mileage points between airlines need to have a complex exchange ratio, and there is no room for mileage points to appreciate. Therefore, although the mileage points alliance model has been widely used, it is not yet perfect. If the process points model is simply applied to learning, it cannot effectively solve the problems of learning relying on spontaneity, uncontrollable and unrecorded processes, and high costs. The total amount of credit coins issued based on blockchain technology is constant, and the unified credit coin system avoids the trouble of exchange, and the credit coins also have room for appreciation. This can effectively overcome the drawbacks of the traditional mileage points system and improve the incentive effect of learning.

In addition, the most important point of the credit chain for learners is that the learning process can be recorded and the learning results can be certified. The blockchain technology ensures that the data on the chain cannot be tampered with or forged. At present, in the education industry, forged certificates, proxy exams, and other frauds are common, which has seriously hit the learners' enthusiasm for learning and has also reduced the value and credibility of the certificates. The credit chain can effectively record the learning process and certify the learning results, making it transparent and open, which makes the learning results more fair and convincing, and is also a good thing for the learners themselves.

For educational institutions and video service providers, the credit chain promotes learners' learning and increases their income. Institutions and video service providers then give part of their profits to the foundation, or repurchase credit coins to the foundation. The foundation then shares the benefits with learners, forming a virtuous cycle that will effectively improve the efficiency and convenience of learning.

The credit chain can be said to be a landmark project for blockchain to enter the vertical field of education. It effectively solves the problems of lack of spontaneity, high costs and unrecordable processes in learning. The combination of blockchain and education, and the emergence of excellent scenario solutions, will surely push the industry to an unprecedented height. Let us look forward to the credit chain opening a new era of universal learning for us.