The price of Ether is tanking and some reports predict that its value will eventually diminish to zero. At the World Blockchain Forum earlier this week, there were whispered conversations in the hallways about its impending collapse. Unless the Ethereum network can solve its scalability issue, it’s going to get left in the dust. If you’ll ever witness a severe case of FUD for Ethereum, this is probably it.
Yet ConsenSys founder and Ethereum co-founder Joseph Lubin isn’t fazed. At least, he says he isn’t. Last month he calmly stated that “trader types” were driving the price swings and that there is a place for Ethereum in the long-term future. It won’t be replaced but will coexist with other blockchains and developments.
Plenty of hard work gets done during the bear markets, laying the foundations for the next bull run and rising public interest. And that’s what companies like ConsenSys appear to be doing–continuing to grow, continuing to hire, and continuing to invest in blockchain talent.
All-In on Education
Coursera is building up an excellent reputation attracting talented professors from Ivy League colleges to teach blockchain courses remotely. And now ConsenSys is teaming up with the online education company to offer the first course of their own. The course isn’t geared to professional developers, blockchain experts, or computer scientists. This one is aimed at bringing everyday people into the space.
Called Blockchain: Foundations and Use Cases, the course is aimed at a non-technical audience interested in broadening their understanding of the space. And, instead of merely reading about more hypothetical case studies in the media, students can look at blockchain technology applied to practical use cases.
With “blockchain” topping the skills list on Upwork in Q1 this year (growing by more than 6,000 percent in just three months) it became apparent that work in the area was abundant. Many companies are looking for blockchain developers. Yet many others are seeking people to help educate and spread the word about this emerging tech.
Taking Blockchain to the Masses
There are plenty of barriers to widespread blockchain adoption right now and we’re aware of most of them already: Scalability, usability, complexity, and regulation. But one of the key factors is educating people on what blockchain technology is–and isn’t. The majority of the British public, for example, have never heard of blockchain. And for those that have, they have a problem defining it correctly. Education is clearly needed.
It’s also starting to become demanded, with platforms like Udemy and Coursera seeing a surge in demand from people wanting to learn about blockchain–especially those with non-technical backgrounds.
Blockchain: Foundations and Use Cases by ConsenSys is designed to do exactly that: explain technical concepts in a simple way with more emphasis on how it can be used when applied to business. After all, a marketing manager or CEO has no need of knowing about Merkle Trees or how to use Solidity. But they need to have a decent grasp of the outcomes and potentials of using blockchain.
Being online allows students to take the course at their own pace and whenever they want to, although it’s reasonably comprehensive. It’s a five-week course with a workload of about 2-3 hours each week. The best part? When you complete the course, you’ll get certified by both ConsenSys Academy and Coursera.
Whatever the possible outcome for the price of ETH, it’s becoming obvious that blockchain technology isn’t going away. So, watch out for this course on Coursera starting September 7.