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TopBackground Of The Study
On Dec 28th, 2021, when Mr. Narendra Modi, Prime Minister of India at IIT Kanpur awarded the graduating IITians, the degrees based on Digital format of Blockchain, it unveiled a new revolution and facet of Blockchain technology in education industry. Benefits of Blockchain technology are often referred to cryptocurrency which enable Ethereum and Bitcoins trading at the crypto exchanges. During the Covid 19 Pandemic, digital technologies played a critical role across the globe where colleges and universities must shift to online teaching modes in short span of time. Flipped classrooms and blended learning in education will continue even the students join, when the universities are opened.
Adoption of technology in education was already at higher growth and many higher education institutions globally with edutech investments touching US $ 18.66 billion, even before the COVID 19 pandemic in 2019. Online education market and investments were projected to touch $350 billion in 2025. Many Universities and Colleges have taken initiative of using the hybrid education mode – Face to face classes as well as online but the quality of E Content and Communication barriers of direct interaction with teachers were the main reason for low acceptance by students. There has been a substantial growth in the uptake and acceptability of digital learning during Covid through virtual tutoring, language apps, video conferencing tools and online learning software.
Case Studies from Globe - On Line Teaching Learning Initiatives
BYJU`S – was founded in 2011 as an online tutoring and educational technology firm based at Bangalore and became the world`s highly valued edutech company, The company has experienced a 200 percent growth in the number of students using its services free live classes on Think and Learn application.
In China about 75% of the users in 2020 used Tencent classroom – online education platform, when China's government ordered a quarter-billion full-time students to restart their studies via internet platforms. As a result, the biggest online revolution in educational history occurred with more 730000 students attended online school in Wuhan. Tencent Classroom learning software have improved students’ academic performance covering all high school and college students through simulations, PPT Play, shared screen, note graffiti and online answer.