First class of Ghanaian blockchain students nears their graduation
In just a week or so, the first group of nearly 800 Ghanaian students enrolled in the Aeryus designed course, “One Million African Blockchain Believers,” will finish the seminar series and be awarded their certificates.
The course, initially offered in three schools and now being taught in six universities, was designed as an introduction to the technology and to the benefits of digital currency. The dream was that the path to one million adherents would move methodically as each group of students would educate their townsmen and family members.
But at Aeryus, we never anticipated the broad interest and the collective, creative spirit that has embraced our course.
There is no other word for it, other than hunger
Across six weeks of discussion, research, and constructive team debate, students were encouraged to not only learn about how blockchain and digital currency work, but how implementation of the technology could improve their lives.
They learned about borderless, permissionless transactions, and how they could replace a badly broken financial system that left them beholden to remote, unresponsive, and often failed banks.
They learned about smart contracts and how they could eliminate the need for middlemen, such as bookkeepers, contract managers, and legal authorities, at every step of execution.
They studied blockchain solutions to identity management that could potentially clear up issues related to ownership and rights transfers.
And they brainstormed how the technology could be applied in their homes, towns, and nation.
Women often took the lead
Their final presentations were recorded, and you cannot disregard their passion and intense intellectual fervor for implementing blockchain solutions. With great delight, women among the students have frequently taken the lead among their teams to develop proposals and make their team presentations.
Currently, even trade among nations in Africa is a tricky affair requiring dizzying levels of paperwork, with uncountable opportunities for confusion, delay, fraud, theft, and error. A student named Rahama said she sees a future where blockchain technology will be applied to business in Africa allowing borderless transactions to be easily executed.
One student named Mohammed Bamba said he wants to see a future where their lecturers will grade their exams on blockchain technology, to ensure transparency.
Other students called for an inter-university blockchain technology challenge where they could compete to create ideas relevant to employing blockchain to benefit African economy.
Blockchain as an end to disputes
Blockchain was seen as a potential solution to the problem of land disputes that have forced residents to hire land guards — machete-wielding macho men who keep violence from erupting. With the government of Ghana already advancing the idea of land digitization and registration on blockchain, future clashes can be avoided.
Also advanced was the idea that blockchain could be introduced in the transport and rail sector, reducing passenger stress, providing proper records of passenger flow, and increasing revenue as better data management saves costs.
One group of students expressed the idea of not limiting this to students. How could spreading the information they learned to communities, businesses, and other organizations create more demand for blockchain to become mainstream?
And a man named Awal, who is the SRC Vice President of Madina Institute of Science and Technology, said that he sees a future where blockchain technology will be used to track cargo cars in supply chain management.
Many students expressed the desire to continue studying in the field and become subject matter experts in cryptography.
The most overwhelming support for the technology came in the area of financing and transactions. Many Ghanaian residents have lost trust in the banking system and micro finance organizations, as institutions have failed to pay monies or provide access to deposits. Mergers and acquisitions have done little to address depositor needs. Students see digital currency as a way to enhance privacy, reduce time wasted, ensure swift transactions, and provide financial control to individuals who have too often seen their funds disappear.
They were eager. They studied. They developed creative ideas. And they are charged up about the future.
And they are just our first class. Stay tuned.
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