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Web3 & Ed3: This Blend’s Effect on the Education Sector in 2024

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Web3 is causing a transformation in the educational system. While web2 focuses on individualized, centralized learning systems, web3 dapp development is creating learn-to-earn, community learning platforms where users are paid for polishing their talents. Users can now earn tokens for their efforts and skill development based on their credentials through web3, education, and blockchain-based projects in real-time. 

Material is available to users through Web 3.0 technology, eliminating the need for them to hunt for it. Teachers will have easy access to a wide range of EdTech resources that will help them design more engaging lessons, without having to spend time searching for them online. 

What is Web3?

Web2 has evolved into Web3, which is its technological and philosophical successor. Web3 is a decentralized version of the internet. Web3 describes the software, protocol, and communities that run on the blockchain, such as NFTs and cryptocurrency. Thanks to Web3, users can freely choose how they want to behave online without sacrificing any useful features. Among the first apps on the market are gaming sites, decentralized exchanges, trustworthy virtual currencies, and prediction markets. Web 3.0 has brought about several modifications in schooling that are currently deemed vital. 

What Is Web3 Potentially Good for Teaching?

Since digital learning is the main technique for implementing innovative or advanced education, success depends on the successful integration of various EdTech technologies. Even though education is essential to human happiness, the majority of people on the planet do not have access to the best learning possibilities because of current paradigms. Creating connections with our surroundings and using new technologies to give content meaning are central to Web3 and education. Verifiable transactions, private intellectual property ownership, and the decentralization of infrastructure—like blockchain—to empower artists are all supported. Rather than you searching for information based on, say, keywords, your actions, and interests will determine how information finds you, the format you need, and how it is delivered inside your preferred channel.

Possible Advantages of Using Web3 in Education

A future where people own, control, and monetize their data and content is made possible by Web3 and education, opening up new revenue streams. It is an internet that is more democratic and decentralized than the one we use now. Web 3.0 makes it easier and faster to find information, which offers several advantages. These advantages include: 

Improved Availability

The fundamental structure for decentralized learning in ed3 will be provided by DAOs. They might act as centers of education. Students can enroll in a community to study any subject.

DAOs are a step closer to individualized learning. Teachers will be able to provide one-on-one tutoring with greater independence. Pupils will begin creating their content. DAOs may be an example of a shift in education motivated by student demands. 

Enhancement of traditional learning

In the web3 era, competency-based education creates the ed3 model. A few places where students can learn new skills include peer learning, the workplace, DAOs, and web3.

They will spend more time studying and less time gathering and organizing knowledge. When paired with Web3, traditional education can make it easier for students to move and finish their education. People can learn at any time if they have an internet connection. 

Furthermore, it would help discover gifted people before a test is necessary. These experiences can then be combined into a traditional degree thanks to the competency-based approach. It will also provide cumulative credit for employment, education, business, military service, and other endeavors.

Customized Instruction

With the use of semantics or Web 3.0 in education, students can select their career paths and educational paths. To best fit our device, location, etc., web apps analyze how we use the internet and our online behaviors. Location-based services will be used to send the necessary data. By figuring out the location and learning goal of the student, Web 3.0 may also recommend relevant material. Personal learning assistants will search for information related to a learning goal and provide only pertinent information. Web 3.0 in education is incredibly helpful in helping students select their future because it integrates expert information with many other variables to define the student’s life. They get to an informed and sensible conclusion. 

Openness

Web3 allows talent to thrive on their network by offering total transparency regarding market pricing and network facts. Web 3.0 is being built with the blockchain, which will bring in a new era of transparency and decentralization. DAOs have the potential to improve governance transparency by granting a proportionate voice to the biggest donors in choices about curriculum and delivery. A state-of-the-art tool, the blockchain encourages innovation across a wide range of industries, including payment processing, property and land title handling, intellectual property holding and protection, digital ID use, and cryptocurrency and NFT trading.  

So what about affordability in that scenario?

With the rise of ed3, more accessible educational models will become available, perhaps even turning the concept around so that students can earn money while they study. They can demonstrate their skills to prospective employers by fulfilling bounties as required. This shifts the focus of education from a skills-based paradigm to the well-known competency-based model. Thanks to web3 architecture, an Indian student with internet access can access the free and open curriculum of any worldwide university. 

While learning the topic at their own pace, any credentials acquired might be validated on-chain and disclosed to prospective employers thanks to blockchain technology. As an alternative to what is commonly called homework, students might complete bounties and present their skills to employers. Several web2 platforms have already made a substantial contribution to ensuring equitable access to education and learning.

Difficulties in Including Web3 Technologies in Educational Systems

Web3 Developer aims to build the Internet of the future. It is the growth of users’ capacities to take control over and assert ownership over their creations, digital assets, online personas, and material. The following are some potential challenges that the incorporation of Web3 technology into the educational system may bring about: 

  1. It is necessary to wear bulky, costly, and uncomfortable virtual reality headgear to participate in a 3D environment like the metaverse.
  2. Software security, scalability, and interoperability still require more effort.
  3. Since we won’t be able to interact with other virtual worlds or transfer assets, like our avatar, between them, interoperability is essential. 
  4. Making a new avatar for each location is neither realistic nor representative of how we interact in the real world.
  5. Developer bias and opinion will most likely play a major role in data labeling. Small adjustments could result in the addition of information that is only relevant to the developer or the removal of important elements.
  6. Censorship and privacy issues need to be taken into consideration because of the significant amount of personal information that will be made public online.
  7. Users’ preferences and online behaviors may be misinterpreted and used against them to suppress content they do not want to see. 

Conclusion 

There are initiatives underway to advance web3 and education in the future. The web3 era is just beginning to take off. The emphasis on ownership and involvement is redefining the traditional education industry. Education for children will be as engaging as the technology itself. 

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