Artificial intelligence and blockchain have proven to be game changers in many industries. Finance and healthcare, manufacturing and logistics, recruitment and e-commerce – all of these industries have seen steady growth thanks to innovative technological solutions. It’s time to give education a boost as well, especially since the challenges facing education around the world require efficient, reliable, and fast solutions. It is the capabilities of these two technologies, blockchain and AI, that promise to change our perception of education. Instead of outdated approaches, we need modern learning platforms that meet the needs of both learners and businesses. And where there are educated people, there are developed societies, scientific advancements, further innovations, and a change in the world for the better.
So, how does blockchain support AI regarding knowledge transfer through learning platforms? Let’s find out.
AI and Blockchain in Learning
Blockchain is known for helping to create reliable and transparent systems where there is no risk of information leakage while confirming the accuracy of the information. Artificial intelligence, on the other hand, has long established itself as a human assistant for automating routine tasks or generating content based on specified parameters. In other words, blockchain is about trust and security, and AI is about automation and personalization. That’s it in a nutshell.
Below, we’ll look at how the symbiosis of blockchain and artificial intelligence is impacting the education industry, and how they are shaping modern learning platforms as the key way to deliver knowledge.
i. AI in learning
To help you understand the need for AI in education, let’s start with some numbers:
- The global AI in education market is set to reach $112.3 billion by 2034.
- About 90% of LXP users say they offer a better learning experience when compared to LMSs.
Any idea why it happens? It’s all about the ability of artificial intelligence to deliver personalized learning experiences. It turns everything we used to know about learning upside down. With the LMS, all we did was provide training materials. Modern learning platforms, on the other hand, rely primarily on the learner’s experience. The key concept here is the Learning Experience Platform. Before we go any further, let’s set the record straight: What is a Learning Experience Platform? It is software designed to track the learning journey of each (important: each) learner and deliver relevant learning material and an experiential approach to learning based on their performance/progress/dynamics/learning style or specialization. Artificial intelligence enables this personalization.
More and more companies are looking to create an LXP platform because it:
- Saves time: When it comes to corporate training, you can quickly apply what you learn on the job;
- Saves money: Once you invest in the platform, you can use it for years to come;
- Delivers real-world results: With AI-based LXP, you get real results such as skilled professionals, increased business efficiency, etc.
Let’s take a closer look at the potential of artificial intelligence in learning platforms.
You set up an effective learning environment
Artificial intelligence identifies learning gaps – it reacts to the process in real-time – and then makes recommendations to fill the gaps. Learners are not left alone with the problem. In addition, corporate training can become part of the talent lifecycle, contributing to employee retention.
You can predict learner performance and their effectiveness for your business
AI-powered predictive analytics is a big deal. It can help you predict from the outset who among your learners (whether they are students in your coding bootcamp or your employees) is motivated and thriving in their studies and who is struggling. Perhaps the second group includes employees who are burnt out or thinking about leaving. With this truly in-depth information at your fingertips, you can prevent the situation from getting worse.
No more guesswork – just data-driven decisions
Numbers don’t lie. Artificial intelligence will give you very specific numbers, along with facts about how your learners are performing, whether the curriculum is structured correctly, whether the training materials meet the company’s needs for certain skills, which areas are hot topics to delve into, and so on. Imagine no longer following marketing trends and falling behind your competitors. Sounds like a horrible scenario, doesn’t it? To avoid this, you need to quickly master new technologies or advertising tricks. Back in the day, the psychology of color in marketing and branding was not as important as it is today for businesses that want to thrive. Therefore, you need to recognize how this knowledge can help you, which means your employees need to be trained in this area. Not only can AI provide your team with up-to-date knowledge, but it can also predict what topics should be covered so you can stay ahead of the curve.
All mundane training tasks can be handled by AI, not humans
Automating anything that can be automated is a good idea. If you used to spend hours reviewing learning outcomes, looking for patterns or signs of dissatisfaction and burnout, you can now do it all in seconds thanks to artificial intelligence. And if your valuable employees used to spend several working days monitoring the learning process, AI now frees them up to do much more important work for your business.
In addition, AI training platforms allow you to organize the learning process online, which means that the entire team can be scattered around the world and still stay on the same page.
Of course, in order to keep the entire team connected and avoid unwanted technical glitches while processing data, transferring important documents for training, or meeting with mentors online, you need to have uninterrupted communication. An Ethernet network is one way to do this, but there are others. It’s up to you to decide how to keep your team safe, but we thought it would be helpful to share some of the most effective ways.
ii. Blockchain in learning
Wondering how blockchain supports AI in education? Combined, these technologies primarily solve the pressing problems of modern education. How exactly? Let’s take a look.
Data privacy and security
Artificial intelligence inherently deals with large amounts of data, while blockchain has its back, meaning it ensures the secure storage of this data.
Data verification and analysis
While artificial intelligence verifies educational data (user data, learning materials, queries, etc.), the blockchain does its job: it securely stores all this data. This is useful for issuing certificates or confirming qualifications around the world.
Equitable distribution of resources and access to knowledge
The more educated people we have, the better for our society, no matter where you live. Learning platforms based on artificial intelligence and blockchain allow you to control the fair distribution of educational resources and money for education, while blockchain ensures transparency and accountability of transactions and resource allocation. All of this helps reduce mismanagement and provides access to knowledge for those who have not had it.
Final Words
The role of artificial intelligence and blockchain in shaping modern learning platforms is undeniable. They accelerate processes and results, automate and simplify work, personalize learning, and ensure data security. But that’s not the whole story. When implemented in learning platforms, these technologies can do more: they can help create a sustainable learning environment. It remains to be seen how the educational landscape, driven by the synergy of AI and blockchain, will evolve in the future. But today, the need for it is more than obvious.
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