To be honest, we are pleased to see that the development of Web 3 technologies is not stagnating. Many of the businesses and services we know are actively implementing blockchain technology to facilitate a smooth transition to Web3, including education services.
As we move beyond the limitations of Web2, the adoption of blockchain technology in education, known as EdTech, is opening new doors to decentralized, secure, and transparent learning environments! That’s why today’s article explores how Web3 is revolutionizing EdTech, enhancing user experience, enabling crypto payments, and transforming the way we learn.
Before we move on to the main part of the article, we advise you to visit our main website. There, you will find up-to-date information about our services, successful case studies, and can even leave a form for personal discussion about your desired product. No matter, you’re from FinTech or EdTech.
From Web2 to Web3: what are the differences?
First, we need to understand the difference between Web2 and Web3 services.
Web2 marked the rise of interactive, user-generated content platforms such as social media, online marketplaces, and streaming services. While this evolution empowered users to connect and share, it also led to concerns about data privacy, content censorship, and centralized control.
So, in simple words, Web2 refers to the Internet era where users interact with centralized platforms (e.g., Google, Facebook, YouTube). These platforms collect, control, and monetize user data.
Stepping into the Web3 world showed another perspective – a decentralized, user-first evolution of the Internet that replaces centralized control with shared governance.
Built on blockchain, Web3 empowers users with true ownership of their digital identities and creations.
Speaking of EdTech, in this environment, learners can engage in global education platforms where they control their personal data, manage how it’s shared, and even monetize their learning experience. Web3 prioritizes transparency, self-sovereignty, and equal participation, providing a new model of trust and innovation in the digital world.
Key Benefits of Web3 in Education
Of course, there are still challenges and difficulties in the modern education system that need to be addressed. However, Web3 services help educational platforms to significantly simplify their work and become more convenient for global users.
Tokenized Incentives
The fact that everyone enjoys receiving awards for their work is obvious, regardless of whether they are adults or children. By switching to Web3, learners and educators can earn rewards through tokenized systems. Completing courses, contributing to content, or mentoring others can be incentivized using crypto tokens.
This approach to rewarding for performing specific actions on an educational platform serves not only as a means of communication, but also as an active motivator and contributor to the educational process for both teachers and students.
Borderless Learning
The possibility of payment via cryptocurrency provides more opportunities for geographical expansion and financial issues related to payment for services.
With blockchain and crypto payments, students from around the world can access educational platforms without needing traditional banking systems. This enhances financial inclusion and global access to learning.
Enhanced Data Privacy and Ownership
Web3 addresses one of the major shortcomings of Web2 – data privacy. In traditional educational platforms, users often have little control over how their data is collected, stored, and used.
With blockchain-based EdTech systems, learners gain full control over their digital identities and personal data. Information is stored securely on-chain or through decentralized protocols, ensuring transparency and reducing the risks of unauthorized access or manipulation.
A Real Use Case from Evercode Lab
As more companies explore blockchain-based solutions to modernize their offerings and expand globally, we’re here to provide the expertise and support needed to create seamless transitions that drive growth and engagement.
At Evercode Lab, we don’t believe in one-size-fits-all. For this reason, we are trying to develop a solution that is tailored to your specific product needs. Our team has a wealth of experience, and we have also assisted an international educational platform, Company A, in transitioning from Web 2.0 to Web 3.0 by integrating a payment system powered by cryptocurrency.
Specially for this client, we have developed and integrated a seamless multi-currency payment system in just one week. The results: satisfied client, happy users, and a future-proof platform with expanded payment options.
Want to go from Web2 to Web3? Ready to explore how we can help your project grow? Then let’s talk – contact us now to discuss everything in detail face-to-face.