Blockchain technology is what powers cryptocurrencies such as Bitcoin and Ethereum. It has grown into one of the world’s largest and most famous industries, despite many still struggling to understand it. ESL Coin is the first to use this for the purpose of English education. Go to http://eslcoin.org/ to learn more details about the blockchain technology we are using and how it works.
Register and verify users on the blockchain, including academic records, qualifications and reviews Publish and distribute English learning materials on the peer-to-peer network Reward positive community actions such as native English speaker participation using cryptocurrency
What are the benefits?
Faster and cheaper The blockchain ecosystem is hyper-competitive and without middlemen, making it more efficient to verify information as well as send money
More Secure The decentralized nature of blockchain technology makes it relatively impervious to hacking attempts
Reduced Central Authority You have more control over your information, and nobody owns or controls the technology on which the community relies
We are currently beta testing this product and will select the most passionate students to try it out and be matched with native English speakers FREE of charge.
Don’t worry! These features will be built into apps like TryEnglish seamlessly so that you won’t notice a thing.