Blockchain
Inaugural EdTech Month to promote the applications of EdTech as a Catalyst to develop Hong Kong as a Digital Economy
Esperanza, a charitable organisation established in 2018 to advocate new ways to learn, live and work, will partner with the International Society for Technology Education (ISTE) and The University of Hong Kong to organise the inaugural 2022 EdTech Month from 8 October to 8 November in Hong Kong. The EdTech Month will bring together experts and innovators in education technology (EdTech) from around the world to promote the applications of EdTech as a catalyst to drive the development of Hong Kong as a digital economy and society.
Talent Crunch
Aging population, changing life aspirations and in particular accelerating demands for digital skills have aggravated talent shortages worldwide. The World Economic Forum predicted that by 2025 half of all employees around the world will not have the skills to keep up with the changing nature of jobs. Outdated learning programmes will further exacerbate the skills mismatch in the future.
In Hong Kong, according to the 2021/2022 Hong Kong Institute of Human Resource Management Training and Development Needs Survey, 91% of the respondents saw the importance of reskilling and upskilling their employees but the average training hour per employee annually was only 14.1 hours. 94% of the respondents have introduced e-learning and cited the lack of engagement and interactions as the top challenges.
EdTech as a Talent Development Tool
“EdTech is a catalyst to reinvent the outdated learning system; and a propeller to develop the skills and talents that Hong Kong urgently needs to maintain its competitiveness in the digital century,” said John C Tsang, Founder of Esperanza. EdTech refers to the applications of technology in teaching and learning, from K12, higher education, enterprise learning to lifelong learning. From simply moving learning contents online, there have been increasing adoptions of digital technologies like AI, blockchain, data analytics and immersive technologies to make learning more engaging, personal, collaborative, inclusive and effective.
2022 EdTech Month
The Covid-19 pandemic has made remote/hybrid learning and work a new normal, fuelling demand for EdTech solutions. According to HolonIQ, the EdTech market was valued at USD 254.80 billion in 2021 and is expected to reach USD 605.40 billion by 2027. EdTech investment in 2021 amounted to USD20 billion, representing three times the pre-pandemic level in 2019. But EdTech in Hong Kong is still at a nascent stage.
The EdTech Month aims to encourage the applications of EdTech as a catalytic strategy to develop, reskill and upskill Hong Kong’s talent pool. It will also showcase examples from around the world on how academic institutes, businesses and governments can work together to develop a 21st century workforce. The EdTech Month comprises three programmes available in online or hybrid formats:
- ISTE X Esperanza Asia Education Summit (8 October)
A half-day webinar on how technology can facilitate self-directed learning for K12 and higher education students with practical advice and sharing from experts from the US and Hong Kong, including Richard Culatta, an internationally renowned educator and the CEO of ISTE.
- Edventures Global Business Acceleration (GBA) Summit (14 October)
A one-day hybrid event at The University of Hong Kong featuring talent development trends in Asia, how emerging technologies like AI, data analytics and web 3.0 technologies can innovate workforce development and how the public, private and academic sectors can build a learning innovation ecosystem together.
Highlights include the most revolutionary university (Minerva University), the largest curated enterprise e-learning platform (Go1) in the world, China’s largest higher education partner (Huikedu Group), the biggest executive learning centre in Southeast Asia powered by EdTech (Catapult in Singapore), the region’s EdTech investment specialist (Kaizenvest), and four 2022 Edventures Global Business Acceleration Fellowship winners from Denmark, Spain, Sweden and the US demonstrating how they use technology to personalise higher education (Analytikus), facilitate collaborative learning (Eduflow), empower the global supply chain workforce (Quizrr) and assess 21st century skills for learners and employers (Territorium).
This Summit will provide a virtual networking platform powered by Gevme, whereby online and offline attendees can send messages, arrange instant video calls and schedule meetings with one another. A pre-event gathering will be held on 7 October to familiarise the registrants with the networking platform. The virtual exhibition of the Summit showcasing the EdTech solutions will open from 7 – 30 October 2022.
- HKU Teaching and Learning Festival (14 October – 8 November)
The Festival comprises different events showing HKU’s teaching innovations and a global forum on 8 Nov for higher education institutes and the business community to discuss how we could nurture a VUCA-proof workforce.
Special Offers to EdTech Month Participants
Admission is free to all EdTech Month events. The 8 October and 14 October Summit participants will also enjoy respectively a complimentary ISTE U online course on “Digital Literacy in the Classroom” and a one-month trial account from Go1 with over 100,000 bite-size courses for up to 5 people in an organisation.
“With the e-learning experience in the last two years, it is high time for educators, employers and policy makers to learn how they can leverage emerging digital technologies to make learning more effective and relevant to the needs of the 21st century . The EdTech Month will also be of interest to people who are looking for business, ESG and investment opportunities in the fast growing EdTech market,” Tsang added.
Blockchain
Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
Digital Payment Gateway Market
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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