AcademyCoin

AcademyCoin

Online education powered by the blockchain

4 followers

AcademyCoin is a fully functional cryptocurrency operating on it’s own private blockchain. Enabling educators to accept international payments is only the first of many on-chain features being released. The biggest upcoming feature was all over Reddit (/r/ethereum /r/cryptocurrency) this past weekend is called "Proof of Creation."
AcademyCoin gallery image
AcademyCoin gallery image
AcademyCoin gallery image
AcademyCoin gallery image
AcademyCoin gallery image
Launch tags:
EducationWeb3
Launch Team

What do you think? …

Steve McGarry
Online education payments are the first of many features for the AcademyCoin blockchain. Proof of Creation ("POC") makes a cryptographic hash of a course creator’s document, inserts the hash into a transaction, and shows that the creator had that document at the timestamp of the transaction. POC not only allows educators to fully own their coursework (to protect their IP) but it also opens the door to potentially selling the rights. Currently, there are a little over 12 online educators accepting ACAD as payment for programming, digital marketing, and design courses. Download the wallet for OSX, Linux, or Windows and let me know your thoughts.
H. Tuğkan Kibar
@stvmcg What kind of preventive measures are taken to prevent duplication of content?
Steve McGarry
@htkibar1 great question 👏 "Proof of Creation" POC is still in development and duplicate documents is being tested currently. Keeping track of all the course documents being inserted into transactions on the AC blockchain is actually a pretty fun storage problem to solve.
Md Amirul Islam
Do you see this moving to in-person schools in the future?
Steve McGarry
@amirul thanks for the question! Yes the goal is to support both online and in-person education transactions within the next 2-3 years.
Steve McGarry
@amirul currently only 10% of the educators accepting ACAD as payment have both online and offline courses. Balancing both is difficult but a key component to developing the network.
Sarah Fulford

Can't wait to see what you do next!

Pros:

Engaging, fun, easy to use educational service

Cons:

None, just keep creating