Public Blockchains have mainly been associated with cryptocurrencies only, however they are much more expansive than just cryptocurrencies. Public Blockchains that can onboard millions of open-source developers successfully are resulting in innovation in the way organizations are built, in the way financial services are offered and in the way employees and community members collaborate to more flatter, decentralized, digitized and open-source mechanics.
Designers predict that NFTs will prompt an explosion of new works designed to make the most of digital technologies such as augmented and virtual reality.
Christodolou is experimenting with time-based programmable assets – digital images that evolve over time or react to its owner – as is Canadian lighting brand Bocci.
The company, which is currently selling DIY instructions for a candle as an NFT, is investigating how the technology can reflect the production process behind a product.
“Time-based programmable assets intrigue me because they might interweave into these processes and contribute to them,” Bocci founder Omer Arbel told Dezeen.
Further steps have been taken independently by universities that are utilizing blockchain technology to disseminate transcripts containing rich detail and documentation not available in the traditional paper document.
Yet much remains to be done if higher education, as a whole, is to engage in the development of an infrastructure aligned to industry needs. Experimentation must begin now, even as we are losing hundreds of thousands of prospective students to industry-initiated programs such as the Google career certificates. The process to pilot programs must be focused, easily assessed and open to modifications as it expands.