📊Current Situation

The E-learning market is booming with numerous online platforms, yet it faces challenges in transparency, personalization, and global accessibility. And we aims to fix it after witnessed everything

E-learning industry pain points:

Hierarchy for effectiveness evaluation of different e-learning sites (Alojaiman,Bader. 2021)

The chart above shows some big players in this industry - but no platform can satisfied both Content Quality (T1) and System Quality (T2) fully - especially on 4 smaller criterias below:

1. Transparency:

   • Many e-learning platforms lack transparency in terms of content quality, pricing, and course effectiveness. Learners often struggle to find reliable information about the courses they are interested in, leading to uncertainty and dissatisfaction.

   • There is also a lack of transparency in data usage and privacy policies, which raises concerns among users about how their personal information is being handled.

2. Personalization:

   • Despite advancements in technology, many e-learning platforms still offer a one-size-fits-all approach. This lack of personalization can result in disengaged learners and suboptimal learning outcomes.

   • Personalized learning paths that adapt to the unique needs and preferences of each learner are still not widely implemented, limiting the effectiveness of e-learning solutions.

3. Global Accessibility:

   • Access to e-learning platforms is not uniform across the globe. Learners in developing regions often face barriers such as limited internet connectivity, lack of access to digital devices, and language barriers.

4. Cost & Payment:

   • Additionally, the cost of e-learning courses can be prohibitive for many learners, particularly those in low-income regions, further exacerbating the issue of accessibility.

   • For creators/lecturers, high cost fee for publishing course is a difficulty, along with high % share and problems with payment/taxes on centralized platform.

Market Drivers:

1. Rise of Blockchain/Crypto industry

• The emergence of blockchain technology and cryptocurrencies has ushered in a new era of global applications. Blockchain acts as a bridge, fostering global connectivity and enabling the development of a robust ecosystem for decentralized applications (dApps).

• This innovation addresses the limitations of previous platforms by introducing new blockchain layers and applications designed to handle speed and data challenges more effectively. Therefore, the dream of a cross-border decentralize E-learning platforms would not so much insane anymore.

1. Lower Costs Compared to Traditional Learning Methods:

• E-learning reduces the need for physical infrastructure, travel, and printed materials, resulting in lower costs for both learners and educational institutions. This cost-effectiveness makes e-learning an attractive option for a wide range of users.

1. Increasing Demand for Flexible and On-Demand Learning:

• Modern learners seek flexibility in how, when, and where they learn. E-learning platforms offer the convenience of accessing educational content anytime and anywhere, catering to the needs of busy professionals, students, and lifelong learners.

1. Mobile Technology and Microlearning:

• With the widespread adoption of smartphones and tablets, mobile learning has become a significant trend. E-learning platforms are leveraging mobile technology to deliver bite-sized, easily digestible content, known as microlearning, which enhances retention and engagement.

1. Growing Interest in Employee Training and Development:

• Organizations are increasingly investing in e-learning solutions to upskill and reskill their workforce. E-learning provides cost-effective and scalable training options, enabling companies to stay competitive in a rapidly changing business environment.

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