Shady Elkassas, Director of Innovation, AlIttihad National Private School, UAE

Shady is a multiple award-winning and passionate Egyptian educator working in United Arab Emirates. He is a winner of Khalifa Award of Education Excellence, and Middle East Education Influencer Award winner. Since his childhood, he had looked forward to a career in teaching, and become a committed educator providing high standards and practices in the education of young people. He believes that the capstone of education is to give every student equal opportunities to learn and for this reason, a true educator is the one who acknowledges, respects, and appreciates students’ diverse backgrounds, learning styles, intelligence, and abilities. Following this perspective, he has centred his teaching repertoire around the concept of searching for the best way to meeting students’ individual needs.

 

Last week, my 10-year-old daughter was showing me the new drawing she created on Procreate App on her iPad. This was not surprising to me especially since she always practices drawing using this app. My surprise was when she told me that she is thinking of making her own NFT collection to start selling them. I asked her if she knows what NFTs are, and she said it is digital art that can be bought in cryptocurrency. This conversation was astonishing and tackled one of the critical topics that was lurking in my mind.

Blockchain and cryptocurrency have the potential to revolutionize the way we do business, finance, and how to protect and store our assets. Cryptocurrencies have already begun to have an impact on our daily lives, with the value of some coins soaring or plunging overnight. While the future of crypto-assets remains uncertain, there is a growing number of people who are considering blockchain and crypto-assets for the future. In this article, we will explore some of the ways you can get your school on board with teaching students about crypto and digital assets, and we will explain why it is so important. We will begin by looking at the current state of cryptocurrency education and the problems facing those who are attempting to learn more about it. From there, we will explore some of the benefits of introducing cryptocurrency and NFTs (non-fungible tokens) into your school’s curriculum. We will also explore some of the best ways you can start introducing this material into your class, both now and in the future.

What is the Current State of Cryptocurrency Education?

While cryptocurrencies have been around for quite some time, the vast majority of people still have little knowledge about them. Of those who do know about them, even fewer have taken the time to learn about the blockchain and the NFT (non-fungible token) ecosystem that cryptocurrencies have created. As cryptocurrencies increasingly become a part of everyday life, it is important that more people learn about them, and that they have a context in which to learn. As cryptocurrencies grow more popular, the need to educate the public on their benefits and risks is even more important.

At this point, it is worth taking a moment to discuss what we exactly mean when we refer to cryptocurrency education. Simply put, cryptocurrency education teaches people about cryptocurrencies and the technology that underlies them. This knowledge can be applied to a wide variety of scenarios, from using cryptocurrencies as a method of payment to investing in the technology itself. With that in mind, the following are some of the things that people should know about cryptocurrency and its surrounding ecosystem.

Why Introduce Crypto and NFTs Into the Curriculum?

One of the most significant reasons to begin teaching students about cryptocurrency and NFTs is to provide them with a better understanding of how ownership works in the blockchain ecosystem. This will come in handy when they begin to explore how they can use NFTs to represent ownership of assets such as digital art, real estate, or shares. A deeper understanding of ownership will also help to reduce the risk of fraud and miscommunication, two major issues that have plagued the adoption of blockchain and cryptocurrency technologies in the past.

The Benefits of Introducing Cryptocurrency and NFTs into the Curriculum

While there are many reasons to teach your students about crypto, one of the most significant ones is to reduce the risk of fraud. Educating your students on cryptocurrency and blockchain will go a long way toward showing them that this technology has legitimate uses, and it will help to allay their concerns about fraud and mismanagement in the system.

Another significant benefit of introducing your students to crypto and NFTs is the ability to reduce their risk of losing their money to unscrupulous individuals and organizations. By educating them on the differences between crypto assets and traditional financial assets, you can reduce the risk of them losing their funds to fraudsters and other scammers.

Best Practices for Introducing Cryptocurrency and NFTs Into the Curriculum

There are a number of ways that you can introduce your students to cryptocurrency and NFTs, both now and in the future. Let’s begin by looking at the best practices for getting started.

Start Small – One of the best ways to get your students interested in crypto and NFTs is to begin with a smaller lesson. This may involve breaking the lesson down into digestible chunks and allowing the students to take what they need from the lesson. For example, you could break down the difference between crypto and fiat money, or you could discuss the basic concepts of blockchain and distributed ledger technology.

Focus On Why This Technology Is Important – One of the most significant challenges that educators face when it comes to teaching about cryptocurrency is finding a compelling reason to do so. This may be due to the fact that most of us have heard enough about blockchain and cryptocurrencies to last a lifetime, but we don’t truly understand why it is important. This is especially true for those who are wary of new technologies and are hesitant to get on board. You can overcome this challenge by finding ways to focus on the significant benefits of introducing your students to the blockchain and cryptocurrency ecosystem.

Adding blockchain, cryptocurrency, and NFT to our curriculum is fundamental knowledge that should be introduced to our students to allow them to be ready for the diverse future market.

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