Hello and welcome to this post all about BitDegree. In fact, although I have been promoting BitDegree for a while, I recently realised that I hadn’t actually written about BitDegree itself. So, in view of that fact, carry on reading to find out what BitDegree is and why it is worth joining.
Before we begin, I apologise if you got here from a different link. Google punished me for some of the posts I had, so I had to remove them. If you want to go straight to BitDegree, please click this link.
What BitDegree Is and How It Works
First of all, let’s look at what BitDegree actually is. BitDegree is a platform that concentrates on providing online courses in the area of digital skills. Its aim is to connect teachers and students with employers looking for people with digital skills such as programming languages, web development, game development, and machine learning.
Additionally and uniquely, at least at the time of writing, BitDegree uses blockchain technology to allow course providers to offer scholarships based on cryptocurrency. The same tech allows BitDegree to record the educational achievements of the students on the platform itself.
If you are a little confused about blockchain technology and let’s be honest, most people are at one point or another, you may want to find out more. If so, you may want to check out this link where you can learn everything you need about blockchain technology.
BitDegree Also Offers Scholarships
What makes BitDegree even more special is that you can ‘earn while you learn’. Anyone can issue a scholarship based on the BDG token, which means anyone studying can earn these scholarships. If you earn scholarship tokens, you can then use them to study more courses or convert them to other cryptocurrencies. The bonus of using blockchain tech is that no one is relying on banks or PayPal, which is always a plus.
However, I am not sure if the option is available globally yet. I completed one course but because I do not live in Lithuania, I couldn’t benefit from the scholarship myself.
BitDegree Is About Teaching What You Need
When you first go onto the platform, you will probably notice fairly quickly that one of the main goals of BitDegree is to teach people skills that are actually useful. It is a well-known fact that jobs skills like programming, web development, graphic design, and online marketing are in great demand, and BitDegree aims to fill that demand.
If you want to know in more detail what the future of BitDegree is going to be like, you can read the outline in this white paper here. However, it’s a heck of a long read, you may want to just watch the video below.
The Problems That BitDegree Aims to Solve
There are four main areas in which BitDegree attempts to fix the problems with online learning. They are as follows:
– The Cost of University Education Is Incredibly High
– The Poor Quality of Education Related to Job Skills
– The High Cost of Training to Gain Tech Skills
– The Extremely High Attrition Rates of Online Courses
Now, let’s look at each one in a little more detail.
The Cost of University Education Is Incredibly High
While it is true that some countries still offer free university education, most don’t, have given up, or are in the throes of doing so. 25 years ago in the UK, I had a free university education, money from the government, and subsidised housing. Now the UK has one of the most expensive university systems in the world.
And of course, this is no different in most other countries. The cost of university education is so high in many countries that people are asking if the education young people are getting is worth it. Not surprisingly, with maybe as much as $100,000 worth of debt, a lot of people are deciding it is not.
I should point something out. I’m not suggesting for a moment that studying a few tech courses online is the equivalent of studying for a degree. That would be ridiculous. I am just pointing out that considering how much university is, it would seem reasonable that what you learn has actual value.
The Poor Quality of Education Related to Job Skills
The problem of university education is not just that it is ridiculously expensive. In many ways, it is also ridiculously crap. The thing is that courses being offered at university can’t possibly keep up with the real world. In fact, I have a true story that illustrates the problem with university education.
I was talking to someone who worked at a digital advertising agency in India. After we had been chatting for a while, I asked him in which university he had learnt his digital marketing skills. I was surprised to hear that he had learnt absolutely nothing about digital marketing from his university because it had not been taught there.
And this was not a year or two after Tim Berners-Lee invented the World Wide Web; this was about a year ago in 2018. Considering that Google appeared in 1998, that even one university is not teaching digital marketing as part of its marketing course is pretty pathetic.
The High Cost of Training to Gain Missing Tech Skills
You have a situation where university costs so much that it is impossible for you to pay. And even if you can afford the cost of university education, there is no guarantee that what you are learning is even up-to-date. This means that you may end up having to pay out yet more money to get the qualifications that you need.
And that won’t come cheap either. You may end up paying hundreds or maybe even thousands of dollars to get the qualifications that you thought you would get from university but didn’t. Oh and forget trying to get some kind of refund. How many universities have you seen that offer you a money back guarantee?
At least that is one advantage to learning the tech skills you need online. Most online course providers will give you some kind of money-back guarantee, or will at least listen to your feedback. Universities don’t give a crap whether the degree you are studying has any real value or not.
The Extremely High Attrition Rates of Online Courses
The final problem that BitDegree hopes to solve is the problem of attrition. I am not sure what the figure exactly is. However, I am pretty sure that I have read that up to 95% of online students do not finish the courses they start. I know I am guilty of that myself.
Students give up because they realise that they have chosen the wrong course (guilty again). However, many give up for other reasons. Two reasons I can think of almost immediately are a lack of motivation and a feeling of isolation.
BitDegree can’t solve the problem of isolation yet. But it can solve the problems of motivation by rewarding students for completing courses. Yet again, we have found yet another area where traditional education is wanting. If you want to see how BitDegree aims to go about this, check out their Space Doggos course here.
Wrapping What BitDegree Is Up
And there you have it. I hope you enjoyed reading this article about what BitDegree is. I didn’t intend it to be a complete explanation, more of an overview. If you would like to know more about BitDegree, click this link and check it out for yourself.
If you enjoyed the above, leave a comment. And if you think I’ve left anything out, please feel free to add that below too. Thanks and speak again soon.