Is blockchain the key to college success?


A student’s credentials and accomplishments, stored on and secured by blockchain technology, can set students up for college acceptance and college success, said Joshua Samuel, the CEO of Coins for College. During a session at FETC 2023, Samuel explored how blockchain can be used in real world to solve problems like knowledge gaps, student motivation, attendance, teacher compensation. Blockchain technology holds the promise to change much of what’s plaguing education today, he asserted. Blockchain relies on methods of cryptography, which secures data from unauthorized access and keeps students’ information safe. 


A comprehensive learning record (CLR) holds all student data in a protected format and follows student wherever they go. It carries their accomplishments and information, ensuring that their academic and personal progress is not lost. Coins for College uses a system called Scholarship Points, which are digital records of student accomplishments stored securely through blockchain and accessible to colleges. This, Samuel said, helps paint a more equitable picture of a student’s potential, beyond test scores and grades, because the points are valid data points that can be used to make a more informed and holistic decision regarding admissions and financial packages. Students earn Scholarship Points for doing four different activities, and when done consistently, they’re on trajectory to go to any college of their choice, Samuel said: Attendance: Students have to show up. If you aren’t there, you can’t learn what you need to learn and build on previous knowledge. 


Each time a student shows up, they earn points. Supplemental learning: Some demographics don’t reach the “end of the textbook” for various reasons – behavior issues in classroom, funding, teacher availability, etc. In that sort of demographic, if the classroom is a student’s only access to that knowledge, that student will operate at a deficit. Supplemental learning through Coins for College’s platform takes students outside the classroom so they can continue to learn. Assessments: These reveal knowledge gaps, and as revealed, they can be corrected and place you on the right trajectory. Extracurriculars: Community service, clubs, athletics, and so forth. “What if we could take the value we place on the SAT and spread those points out throughout an entire K-12 journey, via blockchain?” Samuel asked. “And colleges are able to see the whole student, from kindergarten to 12th grade, beyond the classroom, including childhood events [such as trauma] or systemic barriers that prevent students from demonstrating their true skills and talent.” 


What’s more, through nonprofit partnerships, corporations and philanthropists can donate directly to an individual student or group of students to cover additional college expenses not covered by standard scholarships. Samuel said Coins for College’s main benefits include: Students who are empowered can share responsibility for their own learning, thereby developing the intrinsic values needed for success The CLR provides students a way to distinguish themselves from others as they pursue college and career goals Blockchain technology can provide equitable opportunities for college and career for all students be removing the mental, financial, and academic barriers to college Related:AVID has huge benefits for high school studentsMost high school grads feel their skills aren’t up to par Laura Ascione is the Editorial Director at eSchool Media. She is a graduate of the University of Maryland's prestigious Philip Merrill College of Journalism. Latest posts by Laura Ascione (see all) 


Source : [Is blockchain the key to college success?]( undefined - eSchool News / January 28, 2023 logo


240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma


The purchase of digital assets is subject to a high market risk and price volatility. Changes in value can be significant and occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and returns can fluctuate both up and down, and you may not recover the amount you invested. RISK WARNING

Automata ICO Limited has a branch in Italy with its registered office at Via Archimede, 161, Roma, Italy, and registered in Italy under number 96550860587 with the Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider (VASP).

Automata France SAS is a company registered in France with the company number 902 498 617. Automata FRANCE SAS is registered with the french Financial Market Authority, l’Autorité des marchés financiers (“AMF”), as a provider of Virtual Asset Service Provider under number E2023-087.

Automata Pay Europe Limited is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act.