On May 31, IOST announced that it has officially become a strategic partner with Professor Emil Chan, a Hong Kong fintech education evangelist. At present, the two parties have jointly created a distributed autonomous organization - NextEduDAO (an innovative Web3.0 platform focused on higher education), aiming to be based in Hong Kong, connect global communities and ecological partners, and create a global emerging technology education DAO by combining technologies such as blockchain, artificial intelligence (AI) and non-fungible tokens (NFTs), and build a decentralized, open, fair and transparent higher education ecosystem driven by the community.
1. Education DAO - Shaping a New Web3.0 Education Landscape
DAO (Decentralized Autonomous Organization) is a decentralized organization built on the blockchain, with characteristics such as high transparency, automation and durability. For DAO, governance is extremely important. It establishes coordinated and orderly participation rules and management models to ensure the effectiveness and efficiency of organizational operations.
In September 2021, Crypto Culture and Society (CCS) opened up a new track, created the concept of "learning DAO", and derived "liberal arts for crypto". Since then, many learning DAOs have followed closely and emerged rapidly like mushrooms after rain.
So, what kind of sparks will blockchain and education create?
Education DAO is a decentralized education model built on blockchain technology: on the one hand, Education DAO is decentralized and does not require a strong central hub for integrated management. It is not affected by any external individuals, organizations, communities or even national boundaries. On the other hand, Education DAO has the characteristics of transparency and data cannot be tampered with, which ensures the authenticity and traceability of data information.
For users, the emergence of education DAO reduces the limitations of traditional online education on personal lifelong learning; for teaching organizations, the education DAO management system based on blockchain technology can greatly improve teaching and management efficiency and expand scale.
It can be said that Education DAO is reshaping the global Web3.0 education landscape.
2. Professor Emil Chan – Hong Kong Fintech Education Evangelist
Emil is a Hong Kong FinTech evangelist, digital transformation consultant, entrepreneurship mentor, EMBA guest professor and FinTech columnist. He has many years of experience in cross-border financial system design and operation, ranging from traditional banking to emerging Web3.0 and DeFi business strategies. In addition, Emil also has extensive experience in Hong Kong's regulatory system.
· Help enterprises with digital transformation and upgrading
Over the past decade, as a director training expert and start-up consultant for several listed companies, Emil has participated in the development of compliance technology projects for multiple financial management bureaus, the China Securities Regulatory Commission and the China Insurance Regulatory Commission.
As a financial technology evangelist and digital transformation consultant, Emil has provided highly targeted digital reform suggestions and market planning layout guidance for the Web3.0 transformation and upgrading of many well-known companies around the world. These include but are not limited to how to keep up with the trend of the Web3.0 digital innovation era, how to quickly adapt to the unpredictable iterative innovation of the digital economy, and how to integrate the company's own advantages to bridge the Web3.0 international market.
Promote international digital talent education
As an entrepreneurial mentor and advisory board member of the Hong Kong Cyberport Entrepreneurship Committee, Emil has always been committed to helping, guiding and cultivating the next generation of cutting-edge entrepreneurs in the field of international digital entrepreneurship. To date, he has served as a special professor, lecturer and guest speaker at many well-known universities such as the University of Hong Kong, the Hong Kong Polytechnic University, the Hong Kong University of Science and Technology, Hong Kong Baptist University, the Chinese University of Hong Kong, City University, Lingnan University, and industry organizations such as the Vocational Training Council for more than 10 years, continuously sharing his unique insights and expertise in the financial industry, regulatory environment and digital transformation.
Experience as a Service
Emil has 25 years of experience in banking information systems and back-end operations management. He served as the first vice president of Bayerischer Landesbank for more than ten years and participated in the bank's application for branch licenses in Hong Kong, Singapore and Shanghai. In addition, he actively promoted the development of smart cities and emerging technology education in Hong Kong, and played an important role in the formulation and implementation of many Hong Kong fintech policies.
In addition, he has actively participated in the construction and improvement of the digital ecosystem in Hong Kong and the Greater Bay Area, and held several positions, including founding chairman of the Association of Cloud and Mobile Computing Professionals, co-chairman of the Hong Kong Digital Finance Association, chairman of the Fintech Committee of the Smart City Alliance, honorary secretary of Invotech, and vice chairman of the Hong Kong Emerging Technology Education Association.
Through rigorous expertise and leadership planning, Emil has played a vital role in shaping the future of finance and technology in Hong Kong and the Greater Bay Area. He has been committed to building a strong and vibrant ecosystem for the next generation of innovators and entrepreneurs, and has won wide respect and praise in the industry.
3. IOST: A continuous pioneer in Web3.0 education
Since its establishment in 2017, IOST, which has been deeply involved in the blockchain field for a long time, has used the same V8 Javascript engine as Google Chrome as the core for executing smart contracts, and on this basis, has made a lot of improvements applicable to blockchain. While ensuring performance, it also ensures the correctness and security of the main network.
After the mainnet upgrade in 2023, IOST2.0 will have higher throughput and availability, becoming a true Web3.0 blockchain operating system. IOST2.0 - The Merge IOST will adopt the Beacon Chain + Smart Chain architecture solution to be compatible with EVM, and the communication between the two will use the standard Engine API.
In addition, IOST2.0 will continue to evolve and upgrade multiple sub-chains. Among these sub-chains, there are both general EVM smart contract chains and special-purpose sub-chains, such as NFT chains, game chains, AI Native chains, etc.
IOST ✖️ Colleges and universities: school-enterprise cooperation to jointly promote the innovative development of Web3.0 education digitalization
IOST in Europe
In 2020, IOST and the University of Zurich reached a strategic partnership. The co-founder of IOST signed a memorandum of understanding on industry-university cooperation in the field of blockchain with the University of Zurich. The co-founder of IOST officially served as a special lecturer at the University of Zurich to teach blockchain courses to students.
In 2021, IOST once again sponsored the International Summer School Program "In-depth Understanding of Blockchain" at the University of Zurich in Switzerland. The program is hosted by the Blockchain Center of the University of Zurich for three weeks. Students from all over the world will participate in classes with well-known blockchain industry experts and university professors, conduct group activities, and learn about the technical, economic and legal knowledge behind blockchain from an academic perspective, as well as the potential applications of blockchain technology in society.
IOST in Asia
· Japan
The IOST Foundation officially launched the "Blockchain Free Education Program" in 2018. So far, it has popularized the basic knowledge of blockchain technology and smart contracts for thousands of students from 9 universities and educational institutions in Japan, provided digital education in the field of Web3.0, and held a series of hackathon events.
Kinki University
In 2020, IOST and Kinki University in Japan officially started cooperation and jointly held the HIVEHack hackathon. The HIVEHack hackathon was held in the academic lecture hall of Kinki University in Japan from February 20 to 21, 2020. The event was jointly organized by IOST and Kinki University in Japan, co-organized by EverSystem, ZeLo Law Firm, Hachidori Company, PHI Company, and sponsored by Japan's Xtheta Company.
Yamaguchi University College of Engineering, Department of Intelligent Informatics, Kawamura Laboratory
On August 11, 2022, the IOST Foundation and the Kawamura Laboratory of the Department of Intelligent Informatics, Faculty of Engineering, Yamaguchi University jointly launched a series of Web3.0 summer school activities with the theme of "Metaverse and Smart Contracts".
This joint school-enterprise education activity adheres to the original intention of efficiently cultivating blockchain professionals and has received strong support from the Japan Blockchain Association. It is an iterative upgrade of the blockchain talent education model and has added a brilliant touch to the all-round and multi-dimensional innovative development of blockchain education.
As of today, IOST has held nearly 30 lectures on Web3.0, Metaverse, and Blockchain at many well-known universities around the world, including the University of Zurich, Kinki University, and Yamaguchi University. It has also jointly launched the "3+1" teaching and training program for blockchain talents with many universities, providing multiple high-quality internship positions for college students around the world.
IOST’s strategic layout for building an international Web3.0 education ecosystem
Organize a hackathon
Based on the cooperation with Kinki University Laboratory, IOST organized a two-day hackathon for students from humanities and engineering majors. The humanities students enjoyed the fun of programming, while the engineering students learned about smart contracts.
Support students to participate in blockchain education programs at world-renowned universities
In 2020, IOST signed a memorandum of understanding on industry-university cooperation with the Blockchain Center of the University of Zurich in Switzerland. From 2020 to 2021, IOST sponsored three Japanese students to participate in the three-week summer course "In-depth Understanding of Blockchain" at the University of Zurich.
Collaborate with industry organizations and associations to build a new Web3.0 education ecosystem
Currently, IOST has officially joined the Japan Blockchain Industry Association (JBA - composed of many well-known companies in the Japanese blockchain industry), aiming to cultivate more Web3.0 digital talents by reaching more industry-university cooperation activities with JBA member companies.
In addition, the IEEE (Institute of Electrical and Electronics Engineers) Japan Kansai Chapter also held a number of online technical lectures on blockchain in collaboration with many well-known Japanese universities such as Kansai University, Osaka Prefecture University, and Osaka Institute of Technology. IOST co-founders were invited to give online lectures as outstanding lecturers, and gathered online with many industry insiders and blockchain technology enthusiasts to discuss the development prospects and core technology applications of blockchain.
To further enable the healthy and sustainable innovative development of Web3.0 education and promote the innovative development of digital financial technology, IOST will continue to promote exchanges and cooperation with global leading investment institutions, industry associations, well-known universities, and education and training organizations to jointly build a new Web3.0 education ecosystem.
4. NextEduDAO - Exploring the Future of Global Web3.0 Education
For a long time, the digital reform and innovation of traditional education has always faced many bottlenecks (educators’ efforts are not properly recognized and rewarded; high-quality educational resources are unevenly distributed; learners’ learning experience is subject to various restrictions; the interests of producers of educational content are easily eroded by intermediaries; it is difficult for employers to judge whether students’ skills are in line with job requirements based solely on academic qualifications or certificates, etc.). Blockchain has technical characteristics such as decentralization and the automatic execution capabilities of smart contracts, and is very likely to solve these problems.
To this end, on May 31, IOST announced that it had officially become a strategic partner with Professor Emil Chan, a Hong Kong fintech education evangelist. At present, the two parties have jointly created a distributed autonomous organization - NextEduDAO (an innovative Web3.0 platform focused on higher education).
NextEduDAO is a distributed autonomous organization (DAO) jointly created by IOST and Emil, focusing on promoting the development and progress of higher education. NextEduDAO combines technologies such as blockchain, artificial intelligence (AI) and non-fungible tokens (NFT) to build a decentralized, community-driven education ecosystem, aiming to achieve educational innovation, provide more opportunities for educators, learners and content creators, and provide a more just and equitable education environment.
Emil has deep knowledge and rich practical experience in the fields of information technology and financial technology. He applied these experiences to the construction of NextEduDAO, and is committed to making NextEduDAO a Web3.0 platform that truly serves the community and promotes educational equity and innovation. With the continuous empowerment of the core technological advantages of the IOST blockchain, NextEduDAO will be able to operate more efficiently and securely, and meet the growing educational needs of the market.
In the near future, NextEduDAO will cooperate with the Hong Kong government in blockchain education and cybersecurity. Stay tuned for more exciting news!
V. Conclusion
Education DAO is just the first step in the digital reform of the Web3.0 education industry. I believe that in the near future, there will be more iconic experiments in education. As an innovative platform that uses blockchain technology and focuses on higher education, NextEduDAO combines the democratic governance model of DAO with NFT and token economy to motivate community members to contribute. It aims to build a world-leading higher education network by leveraging Web3.0 technology, providing community members with rich educational resources while also promoting the development and income of educators.
In the future, IOST will be based in Hong Kong and face the innovative development characteristics and needs of the global Web3.0 education field. It will further promote exchanges and cooperation with excellent strategic partners such as Emil, link diversified innovation and high-dimensional open, co-built and shared on-chain ecology with major well-known universities and active communities around the world, and continue to promote the iterative innovation and development of NextEduDAO. It will focus on solving problems such as the difficulty in cultivating cutting-edge scientific and technological talents and the lagging innovation of digital financial technology. It will create an emerging technology education DAO for Hong Kong, Asia and even the world. With the application of Web3.0 technology, it will build a new generation of international emerging technology education ecological integration circle, and jointly create a new paradigm for the future of global technology education.
If you have any Web3.0 + AI related resources or cooperation intentions, please feel free to contact us.
IOST Hong Kong Office Email: hk@iost.io
Professor Emil Chan LinkedIn: https://www.linkedin.com/in/emilchan/