Education, Reputation and Credentials

A conversation with @singularityhack from Bankless DAO.

We're always trying to learn about all the interesting things happening in web3. To satiate our curiosity, we host a weekly-ish Twitter Spaces series called Coffee Conversations. What follows is a summary of the fifth episode.

For the fifth episode of Coffee Conversations, we hosted Justice from Bankless DAO. Justice is a prolific writer and a futurist interested in org. design, incentive engineering and the technological singularity.

Highlights

In today's world, education and reputation are more closely linked than ever.
Modern-day education has been reduced to a glorified credentialing system, which is neither just nor fair.
Access to the institutions that confer these credentials is limited, and we have seen motivated individuals time after time easily game the process.
The need for blockchain-based credentials mediated by smart contracts is thus strongly felt.
Such credentials would inherently have a superior signal-to-noise ratio since their very nature makes them highly incorruptible.
We are moving towards a world that values skills and experience over papers and degrees. In this world, blockchain-based credentials will be the norm for educational and professional institutions alike.