Blockchain: Cost and the Classroom

Nick Nightingale
Sep 3, 2018 · 2 min read

Opportunity cost, according to the Oxford English Dictionary is “The loss of other alternatives when one alternative is chosen.”

Common among schools in developed societies is the issue of burgeoning paperwork or more specifically, a seemingly endless stream of ‘tick boxes’, which teachers must find time to complete within an already busy teaching schedule.

If you asked educators when do they actually finish these administrative duties, the majority would likely reply, ‘In my own personal time.’

Here, the opportunity cost to the teacher is loss of social life with family or friends as time and effort are spent ‘ticking boxes’ before the next school day.

What then is the impact of opportunity cost at the classroom level when teachers are constantly tied up with non-teaching tasks? The answer is loss of quality teaching time and interaction with the teacher.

As scholastic excellence among students increases annually, the professional teacher must continue to challenge learners by using the latest high quality educational resources.

Today, the first port-of-call for the teacher seeking premium teaching materials is of course the internet. However, sifting through the myriad of ‘new best practice’ resources, and then having to differentiate or enhance what has been sourced takes much time and effort — commodities the teacher has in short supply due to the aforementioned box ticking and heavy teaching load.

So what is the solution?

Teacher Coin (TCH) is the answer to this widespread problem. By harnessing the power of blockchain technology, Teacher Coin seeks to become the ‘go to’ teaching resources platform for educators around the world.

With the planned addition of high quality educational resources to the Teacher Coin platform, teachers will be able to devote more time and energy to meeting the specific needs of students.

No longer will educators have to spend hour after hour searching the internet for cutting edge learning materials. No longer will they have to reduce one department budget in order to secure the latest pedagogy and teaching techniques for another. And no longer will they have to ‘trial’ an untested lesson plan on students.

Instead, Teacher Coin will provide TCH users access to a wealth of proven high quality educational materials centralized on one global platform. This is our commitment to reducing ‘cost’ to fellow educators.

How will it work?

To find out more, please visit the Teacher Coin website at https://www.teachercoin.co

Nick Nightingale

Written by

Chief Operations Officer and Head of Marketing & Social Media at Teacher Coin