👋 Welcome back!
After our inaugural issue over the weekend, I’m excited to start a more regular cadence. You can look for weekly issues for now as we dive into the fast-moving ed3 space.
Two topics to discuss today: DeFi to help “De-debt” and decentralized credentials.
👨🏫 That’s lots of “de” - which is interesting because education is DEfinitely centralized. We traditionally come together at a central location to listen to a few people talk about a few topics.
It’s unlikely that decentralization will be quickly adopted by the traditional education system - and maybe it shouldn’t be! It probably doesn’t fit their business models in most cases. What excites me about decentralization, however, is its ability to unlock new modes of education.
Some traditional education institutions will adopt elements of decentralization, which will help them compete and create unique experiences for students. Others will now be empowered to become an “educational institute” thanks to the ability to finance and credential the educational experience.
My lens is “and.”
We know that the majority of Americans don’t have a higher education degree - and almost 40%
who have college debt don’t have a degree to show for it! Add in the fact that only 7% of the world has a higher education degree, and there is room for “and.”
My hope is ed3 brings new opportunities to students everywhere - and those opportunities can be realized by students and recognized by industry.
So how might ed3 do that?
Well, that’s where DeFi and decentralized credentials come in…