Experts say we need more education and knowledge on blockchain and crypto

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Some of the key figures in the industry require better access to education on blockchain and cryptocurrency in order to encourage more people to participate.

Experts say that the only thing that seriously impedes mass adoption is the complicated technology involved and the jargon surrounding the digital financial revolution.

"Now that awareness has peaked, the number one access barrier is education," says Mati Greenspan, senior market analyst with eToro, in an article by Coin Rivet for the British national daily newspaper Daily Express.

"People now know what Bitcoin is but they need to understand the benefits and, more importantly, how to use it."

Education, education, education

Mati Greenspan

Mati Greenspan

According to Greenspan and many of his colleagues, the key to success in 2019 for cryptography and blockchain – the technology behind digital currencies like Bitcoin – will be "education, education, education".

"It's very clear that there's a desire for knowledge in this space, so I think education should be at the top of this year's agenda," he said.

"We did a survey in the United States and we found that there is a real desire of people to learn more about crypto and to enter this space, but they do not feel confident enough in their knowledge.

"We conducted a similar survey in the UK and found that asset managers in this sector are particularly poor – and this explains the level of education needed here."

His thoughts were taken up by Rivet Sally Eaves coin editorialist, a world-renowned British academic recognized as one of the most important education industry leaders.

Prof Sally Eaves

Prof Sally Eaves

Prof Eaves, CEO of the Sustainable Asset Exchange (SAX) and professor of advanced technologies, explained that recent research found that 38% of the British population simply did not understand cryptocurrency, but 61% expressed a clear desire to know more.

It is a surprisingly high figure that highlights a huge gap in the level of knowledge and understanding of the crypt and blockchain by people.

Mainstream adoption

"The mainstream adoption and accelerated growth depend on greater awareness and accessibility to quality information", explained prof. Eaves.

"This also denies a combination of technological disinformation, failed ignition and sometimes abuses that occurred in space and beyond.

"The strongest non-prejudicial educational resources are key to reducing noise and addressing different audiences, including those without pre-existing knowledge, where removing jargon and focusing on the benefits of enforcement versus technical specifications can significant difference. "

According to the Express article, technical jargon is one of the most daunting aspects of cryptocurrency. Coupled with a general inability to grasp how cryptocurrencies work, people are turned off by something they believe to be beyond their own understanding.

That's why some of the main minds behind blockchain and cryptocurrency ask for access to educational resources with simple explanations.

"Delivering this type of content will strengthen legitimacy for the industry while enabling people to explore opportunities and risks, clarifying the distinctions between cryptocurrency and underlying blockchain technology and making informed choices, regardless of investment potential or development choices. career "Gronda.

"How can you keep or work with digital resources if you know little or nothing?"

https://coinrivet.com/sally-eaves-change-has-already-begun-for-women-working-in-this-industry/

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