Fueled by demand from students and industry, higher education must shift to emerging technologies, including blockchain and cryptocurrencies

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The University of Southern California is developing a plan to maintain relevance in an upside down world that dictates that students are able to think critically and respond to external stimuli.

I think we can all agree that’s not fair. Students who engage in the college experience during this pandemic have received the short end of the stick. Yet what they have lost in the typical social experience they can make up for through resilience. perhaps the most important attribute of a new hire.

USC, which first taught a blockchain technology course in 2017, is starting to offer a blockchain minor through its Viterbi School of Engineering, made available to participants in the information technology program.

The program does not take a position on the financial aspect of blockchain technologies, including cryptocurrencies. Instead, the program is designed to allow students to learn how technology works. Whatever your take on cryptocurrencies, blockchain technologies on which crypto-currencies are built is a transformer.

To prove this point, China has extensively tested its e-yuan the country’s CBDC which is based on technology very similar to those that support cryptocurrencies. The implications are enormous.

This will allow international remittances to be carried out at a fraction of the cost of sending money overseas with today’s technology. Moreover, it will most likely bring the massive unbanked population into our financial system. The benefits are far more extensive than this column could do justice.

Suffice it to say that digital currencies are here to stay and will undoubtedly transform the way the world interacts with money. Blockchain technologies, which will allow this to happen, also have real applications across industries to improve logistics operations and reduce fraud.

It won’t be long before blockchain becomes an industry on its own. The pandemic has accelerated digitization by several years and the employment opportunities are almost endless.

While a 2019 Coinbase report noted that 56% of the top fifty universities in the world offered at least one crypto or blockchain course, that’s just not enough. Education, like government, is simply not moving quickly enough to meet market needs.

Eventually, every program across the country will offer a full program on these emerging technologies, but that time is farther away than the industry demands. – aand it’s further than the students deserve.

Students receive university training in order to prepare for a career. Yet for many students who study “information technology and systems” they are missing out on a most important development-related study program in their future field since the rise of electronic commerce.

Today Not tomorrow is the day when we must collectively demand that higher education meets the needs of industry and society.

Every University, College, and Community College in America Should Offer Students Insight into Blockchain Technology and Digital Assets and every high school should offer elective courses that allow students to learn rudimentary coding.

If we are to be competitive internationally, we must prepare our students to work in the economy of tomorrow.

Richard Gardner is the CEO of Modulus, an international financial technology company. He has been a globally recognized subject matter expert for over two decades, providing complex insight and analysis on cryptocurrency, cybersecurity, financial technology, surveillance technology, and blockchain technologies. Richard’s ideas have been published by Forbes, Reuters, CIO Magazine, NASDAQ, Business Insider, the Detroit Free-Press, and dozens of other regional and industry-related publications. He also writes a weekly column on emerging technologies in Africa for News Ghana.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and transactions are at your own risk and that any loss you may suffer is your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in Affiliate Marketing.

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