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Digital currency has been one of the biggest disruptions the financial world has seen. It started as something that seemed like a trend created by the dissatisfaction with traditional financial institutions, and has grown beyond that to become the future of online commerce.

Since almost every industry is affected by technology and communication, all industries are going to have to adapt to this new way of trading, purchasing and saving online. The education industry is no exception so professional educators need to take this into consideration.

What’s digital currency?

Digital currency is a decentralised and digital ledger of transactions. In reality, it’s a network of computers able to secure and log countless online transactions of anything of value. That basically makes it online money that can be used like any other currency to make purchases or to save up wealth.

This is an attractive idea, because it became a currency due to a lot of people deciding to treat it as such, unlike fiat money, which is declared to be money by the government. In the era of distrust in centralised monetary institutions, this is an interesting and exciting alternative.

What’s e-learning?

E-learning refers to the process of education in which learning tools are mostly tech and internet based. Learning this way is usually done remotely, but it doesn’t have to be so. It can also be done in a traditional classroom setting but with a strong reliance on gadgets and other tech devices.

This type of learning comes with a variety of benefits because it provides equal opportunity to students from all over the world, and harnesses the power of the internet to make the education more personal, more democratic and more interesting.

How the two work together?

The two concepts are complementary in numerous ways. Both are relying on the advancement of technology and are focused on young people that have lived their whole lives during the time of unprecedented technological improvements. Both are also seen as a disruption, and considered by traditional educators and traditional financial institutions as something that might change everything.

There’s also a tendency for private institutions to take the mantle from governmental educational institutions because they are more flexible and better at solving particular problems. This can work well with digital currency which is based on the same principle.

E-learning providers

“E-learning provider” is a broad and not clearly defined term. It obviously refers to those who run and operate digital schools, courses and other educational institutions. These don’t have to be for-profit institutions and don’t have to be schools in a traditional sense either.

It’s also possible for these institutions to work together with businesses to help educate and improve the skills of its employees. Companies that buy digital currency can invest in these providers easily and in a decentralised way. This will allow e-learning providers to grow and expand their reach.


Students using the services of e-learning institutions are also going to have to change in order to get with the times. First and foremost, they are going to have to start thinking about e-learning as a legitimate and equally important part of the educational process. They are also going to have to start financing these institutions with the same seriousness as the traditional ones.

Digital currency can provide the way to do this because it allows the users to pay only for a service that they actually plan to use. These micropayments can be effortlessly logged online and allow students to access only a part of the educational program or only a particular course.

The job market

The job market is also very interested in the development of educational services. That is how businesses get the employees they need, and there’s no more valuable resources for a business than a well-trained employee. Companies are going to play a larger role in education funding especially now, when life-long education is such an important trend.

E-learning is suited for this goal because it allows the students to organise their courses with other obligations in mind. The companies will probably start to use digital currency to invest in this process and to fund new institutions as well.

Challenges ahead

Digital currencies are an exciting and lucrative technology. They are going to change all the industries and the education as well, but there are challenges ahead that everyone involved needs to face right now.

The most important one comes from the biggest advantage of digital currency. They are not involved with any governmental systems and they are completely decentralised, which may not be the best model for educational organisations, as they need to be recognised by the government. This conflict needs to be resolved.

Digital currency is changing e-learning and making it better in many ways. It will soon be used by students, teachers and businesses alike.