The conventional centralized higher education system takes 4-6
years to educate a person and there is no guarantee of employment
afterwards. We believe that the digital industry today lacks
workforce because higher education institutions are not responding
to the needs of actual labor market. Most of the skills needed by
the digital industry don’t even require a degree in higher
education. Workforce that has practical digital economy skills and
willingness to learn is needed. That is why today more and more
tech-savvy teens get freelancing jobs and earn more than their
BitDegree is world’s first blockchain-powered, smart-incentives
based online education platform which will revolutionize global
education and tech recruiting. The main purpose of the BitDegree
platform is to let Students acquire skills that are currently
required by the labor market. 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
We see BitDegree as a unique tool for business to recruit tech
talent and shape global education to its needs through
smart-incentives. National government Job centers will be able to
track the demand of skills without having to involve scrupulous
report gatherings from businesses and also help jobless citizens by
subsidising studies for skills on high demand. Think about it as
Coursera and HackerRank merged together, powered by blockchain
technology. The main benefit of BitDegree platform to incentive
providers is the possibility to initiate and maintain dialogue with
upcoming talent and reward them for achievements through
smart-incentives. Smart-incentives on the BitDegree platform will
range from small to large and be location and topic targeted. From
the student’s perspective, it means getting paid to learn new
skills based on local demand, which not only incentivizes but can
actually be a viable escape from unskilled work.
Building quality, interactive, and engaging learning experience
is essential to every successful education platform. There are
attempts to solve the problem: i.e. Coursera and CodeCademy.
Despite the fact that these frontrunners face abysmal course
completion results, similar to the entire MOOCs industry – just 5%,
these two companies together are worth more than $1 billion today.
Our proposed incentive alignment approach was not tried in any of
educational platforms we are aware of. A merit based rewards,
currently practiced in existing platforms, does not substitute
income needed to support a student while studying.
We will be pursuing our vision to go forward with the development
of BitDegree platform even in case of unsuccessful ICO. We
anticipate a closed testing, involving incentive providers in
[2018Q3] and open launch of BitDegree in [2019Q1]. The capital
available to the development of the platform will determine
functionality and choice of the course material available. The
anticipated capital raised during ICO, will enable us to directly
compete with existing education platforms even prior to the
benefits reaped by the popularity of BitDegree platform. Companies
creating technologies used in digital economy should consider
contributing to development of the platform, and ensure
technologies they create are represented in the course material
available to millions of students
Employer Demanded Skills and School Grad Skills: Why the Huge Gap?
BitDegree Challenges Coursera and HackerRank's Phenomenon by Gearing Up With Blockchain - MarketWatch
EA Co-Founder Jeff Burton to Advise BitDegree on a Course to Revolutionize Education with Blockchain
PR: EA Co-Founder Jeff Burton to Advise BitDegree on a Course to Revolutionize Education with Blockchain - Bitcoin News
BitDegree Challenges Coursera and HackerRank’s Phenomenon by Gearing up With Blockchain - Bitcoin PR Buzz
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BitDegree Challenges Coursera and HackerRank's Phenomenon by Gearing Up With Blockchain | Markets Insider
BitDegree Challenges Coursera and HackerRank's Phenomenon by Gearing Up With Blockchain | 30.09.17 | finanzen.ch
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BitDegree Challenges Coursera and HackerRank’s Phenomenon by Gearing up With Blockchain – CoinSpeaker
Blockchain tech will disrupt education in more ways than we expect
Take a look behind the scenes of BitDegree!
BitDegree token’s value will grow, so here’s why you should hold on to yours!
BitDegree Referral Program is on! 10X MORE Tokens for Airdrop Participants!
BitDegree smart contract course “a great entry point to our financial and educational ecosystem”…
BitDegree token sale: six things you need to know!
Q&A with Darius Rugevičius, BitDegree’s blockchain evangelist
How to buy BDG tokens with MyEtherWallet
The Crowdsale is Live!
Looking how your BDG token transaction succeeded and how much you got? Check it now!
Raising Soft cap the first day, Bonus tokens available till Friday | Weekly Roundup
BitDegree amongst top 10 finalists of Moonrise 2017 blockchain startup competition in Estonia
Don’t miss out — claim a 15% bonus on your BitDegree tokens today!
Earn 5% from each referred transaction — fully refreshed BitDegree Referral Program is open!
Q&A with Arnas Stuopelis, Hostinger CEO and BitDegree co-founder
BitDegree WINS Moonrise 2017 blockchain startup competition!
Very important: set these parameters to be sure your transaction is completed in time
More Than 73 Million BDG Tokens Distributed, Moontec 2017 Winners | Weekly Roundup
BitDegree token’s demand will grow, so here’s why you should hold on to yours!
Why you should not miss to contribute your BDG tokens this week?
Here’s 3 reasons why you should hold on to your BitDegree tokens!
BitDegree makes “first of many appearances in Silicon Valley”
ICO “Hall of Famers” Ethos to create “Introduction to crypto and cryptocurrencies” course
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