Why the crypto market should embrace education software

Why the crypto market should embrace education software

Crypto is a fast growing industry with a lot of promising projects and innovations. The market is getting more mature every day, and adoption is starting among retail users, institutional investors, well-known companies and even some governments.

‚óŹ Why should the crypto market adopt academic education programs

However, the main challenge that market players are constantly facing is crypto education. In late 2021, only 2% of respondents in the Americas Scored 60% (pass test score) or better in basic coding scan.

Moreover, a recent survey revealed that 48% of young Brits said they did not know how digital assets work, yet 56% expressed their intention to invest in them. Nearly 60% highlighted the need for more information available about cryptocurrencies from sources they trust. Establishing a strong academic approach can solve the problem, which is why.

Where can newcomers learn about cryptography?

For me, I started my coding education by subscribing to probably every popular Telegram channel, reading and monitoring the news daily. Anything I didn’t understand, I would google and disable it myself. I thoroughly investigated all the trendy projects of the time by carefully reading their white papers, picking out their tokens, and researching what was said about them online.

Over time since I joined the industry, I can confidently identify the mistakes I’ve made. Focus is crucial with regard to educational resources. For this reason, you shouldn’t break yourself up (as I did) by following hundreds of chats, communities, and projects, as it can easily become confusing. Instead, what you need is a step-by-step approach using a variety of sources based on your level of knowledge.

For example, you can use the educational hubs of established institutions such as Binance Academy or CoinMarketCap Alexandria to learn the basics – the foundations of technology, what Bitcoin is, how the blockchain works, and what is the difference between custodial and non-custodial wallets.

As you advance in your education, read reputable industry media niches, which are driven by their traffic, follower base and domain authority. These should be more than enough to reach a nice mid-range in the field while keeping abreast of major events and trends.

To rise to the top, you need more professional and analytical resources to delve into and start predicting market trends. Follow opinion leaders on Twitter and attend thematic events so you can gain insights from P2P communications. Here comes the problem of checking reliable sources and opinion leaders.

Building an academic program to teach coding

The exploratory study About young British adults that most people need a source they can trust to learn the ropes of the digital asset space. And what could serve as a better platform in this field than the institutions responsible for higher education?

The active participation of higher education institutions can provide many benefits to the participants in the crypto market. These can range from increasing the level of trust in the industry and improving the security of users by educating them on best practices for portfolio management and asset storage to facilitating financial literacy and freedom. At the same time, university programs scattered around cryptocurrencies can also help solve the shortage of technology professionals And the female talent in the industry.

The question is: Should universities offer full digital asset degrees, or are they sufficient to create a crypto class or major included in a broader program (such as computer science and business administration)?

Since cryptography is still in its startup phase, an intensive class on blockchain technology could suffice. However, as new rapidly growing sectors, approaches and technologies are developed, and as this foundation expands, it will raise the issue of creating a department-wide programme.

At the same time, college coding software shouldn’t be too different from the way leading universities teach. The first step is always a general course for everyone, aimed at understanding the basics, creating an enterprise, and highlighting a few narrow areas.

Then, once the general course is completed, students can choose a chosen subject to major in. And as I see it, the educational outcome could be similar to a thesis focused on creating prototypes and launching a startup in the field.

The future of coding education

By providing a trusted platform for students, academic digital asset education has great potential to bridge critical gaps within the industry, such as the lack of crypto literacy, the lack of qualified professionals, and the need to improve user security.

I believe that this goal can be achieved by combining the centralization of education in a decentralized world. This means that universities and players in the cryptocurrency market should take a unified approach to verifying and identifying an individual’s expertise at the national level. It is an important step, as currently in the market there are a lot of “experts” and “gurus” who mislead newcomers and sell them hot air.

Moreover, academic crypto education should always be based on market demand, which means that it should be flexible enough to adapt to the fast-paced blockchain industry.

Of course, given the ongoing pressure on the market from regulators, I will devote a significant portion of the industry’s educational efforts to studying the legal aspects and practical development of relevant tools.

Dmitriy Ivanov
Dmitriy Ivanov

Dmitriy Ivanov is Marketing Director of Paid Coins, an ecosystem of cryptocurrency products that sets the goal of meeting the world’s daily needs by leveraging blockchain technology and crypto payments. Dmitri is an expert in cryptocurrency payments and adoption with extensive experience in business development and marketing.

The subject matter and content of this article are the views of the author only. FinanceFeeds assumes no legal responsibility for the content of this article and does not reflect the views of FinanceFeeds or the editorial staff.

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