Cyprus Primary School Now Accepts Bitcoin for Student Fees
The Lighthouse Progressive Primary School, located in Limassol, Cyprus, is now accepting bitcoin payments for student fees. Lighthouse offers a holistic educational experience, aimed at children between the ages of five and 12 years old. According to its Facebook profile, the school is "a progressive, bilingual, primary school created by a multidisciplinary team of professionals". The news that the school would take bitcoin as a form of fee payment was originally announced on reddit by parent Marios Neocleous, who lobbied the school to begin taking bitcoin for his son's fees. Speaking with....
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Indian Mountain School (IMS), an independent, coeducational boarding school in Lakeville, Conn., has announced it will accept bitcoin donations for the school's fundraising activities. The school becomes the first elementary/middle school in the U. S. to accept bitcoin. Joining the school in making the announcement were digital currency payment processor GoCoin LLC and digital currency platform Bitcoin Shop, Inc. (BTCS). The school views introducing digital currency as part of being an innovation and technology leader in education. The school will offer parents and other supporters the....
How would you like to go to school and pay in Bitcoin while doing so? A Cyprus University is doing just that. The University of Nicosia is now allowing students to pay their tuition bills and other fees using Bitcoin. It's the first University in the world to do so, and hopefully it sets a trend for colleges elsewhere around the world. "We are acutely aware that digital currency is an inevitable technical development that will lead to significant innovation," says Dr. Christos Vlachos, who is a part of the Council of UNic and works as the school's chief financial officer. How soon until we....
Educational institutions are turning their attention to the public blockchain to record and verify student credentials. Under normal circumstances, recording student achievements using paperwork can be labor-intensive and costly, making blockchain a significant step toward maximizing cheapness, security and transparency. Holberton School of software engineering, based in San Francisco, is now actively recording student achievements through blockchain. In October 2015, the institution announced its plans, making it the world’s first school to authenticate academic certificates in this way.....
The use cases of blockchain technology have been touted many times, and various education facilities are using this concept to record and verify student credentials. Adding this new layer of transparency will help employers check candidate credentials in the future. It may come as a surprise to learn that various educational institutions are actively....
It wasn't terribly long ago that a news report came out noting that a Cyprus Univerity was taking the bold step to accept bitcoin tuition payments. Now, it would appear as if the first student has paid his bill using the cryptocurrency at the University of Nicosia. South Africa student Francois Rossouw paid 1 BTC on November 27th for an online class, hoping to advance in his pursuit of a master's degree in business administration. "I am honored to be a part of this historical occasion. Being able to pay for a world-class tertiary education with Bitcoin was a dream of many but few believed....