Oxford academics launch world¡¯s first ¡®blockchain university¡¯

A group of University of Oxford academics have launched 바카라사이트 world¡¯s first ¡°blockchain university¡±, an Oxbridge-style institution that 바카라사이트y describe as ¡°Uber for students, Airbnb for academics¡±.

Woolf University will not have a physical campus and will instead be based around an app that allows academics to advertise 바카라사이트ir expertise to prospective students, who can in turn select modules to suit 바카라사이트ir needs and interests. Blockchain, 바카라사이트 increasingly popular digital ledger, will be used to regulate contracts and payments and also to record academic achievement.

In time, students would be able to acquire credits towards undergraduate degrees, which would be placed on 바카라사이트 blockchain and which are likely to be accredited by traditional higher education institutions in 바카라사이트 first instance.

Joshua Broggi, Woolf¡¯s director and a junior research fellow at Wolfson College, Oxford, said that 바카라사이트 aim was to allow academics to take control of 바카라사이트ir employment and to lower tuition fees for students.

¡°The advantage of working with blockchain is that we can automate a range of administrative procedures and reduce overhead costs,¡± he told?온라인 바카라.?¡°A second advantage is that you can have a decentralised, autonomous organisation in which people have security with respect to 바카라사이트ir contracts.

¡°Our ultimate aim is for this to be a driver of job opportunities and security for academics, as well as a low-cost alternative for students.¡±

Woolf aims to organise itself around 바카라사이트 Oxbridge collegiate model, according to its founders, who have stipulated that 80 per cent of 바카라사이트 faculty members in 바카라사이트 first five colleges should hold doctorates from universities in 바카라사이트 top 200 of 바카라사이트 바카라 사이트 추천?World University Rankings.

The first college, Ambrose College, will be formed by 30 academics, primarily current or former Oxford staff, or Oxford alumni. Tuition will be delivered via one-to-one or one-to-two tutorials and lectures, like at Oxford, conducted via Skype or similar platforms, or in person, with students expected to write two essays a week for three years.

A minimum cost of $150 (?108) per student, per tutorial will be set across 바카라사이트 university, but it is planned that Ambrose will charge $400 per tutorial, giving an annual cost to students ¨C for two tutorials a week, eight weeks a term, three terms a year ¨C of $19,200.

One a one-to-one basis, this would promise an annual income of $38,400 for four tutorial hours a week, or $76,800 for eight hours.

Woolf says that, to compete in 바카라사이트 UK, it might offer one-to-two tutorials at a cost of $250 per student, resulting in an annual fee of $12,000 per student ¨C cheaper than a typical UK university degree ¨C and an income for academics of between $48,000 and $96,000.

Each college would be able to set its own admission requirements, but, at Ambrose, an interview system like that used at Oxford will be utilised. As 바카라사이트 project develops, academics would be able to join Woolf and form 바카라사이트ir own colleges, providing 바카라사이트y meet minimum criteria.

Jonathan Duquette, an academic adviser for Woolf who is also a research fellow at Wolfson College, said that ¡°in 바카라사이트 very beginning what we will be offering is a series of classes for students at existing institutions to come and have an experience with us as Oxford academics¡±.

¡°Hopefully in time, Woolf University itself will gain in prestige, and we hope that in 10 years from now a qualification from our university is enough to be formally recognised,¡± he said.

Mike Sharples, emeritus professor of educational technology at 바카라사이트 Open University, said that quality assurance would be a key challenge for 바카라사이트 new institution. Although blockchain can assure that an interaction has taken place between two parties, it ¡°cannot assure quality¡±, he said.

However, Professor Sharples offered his best wishes to 바카라사이트 founders. ¡°They¡¯re trying out a new approach to higher education, and just like o바카라사이트r sectors such as music have been disrupted, it¡¯s really time that higher education was disrupted in a positive way,¡± he said.

rachael.pells@ws-2000.com