Through the worldwide acceptance of crypto currencies such as Bitcoin and Ethereum, blockchain technology has gained immense popularity globally. Although the awareness of most people about block chain technology is limited to crypto currency, it has countless application in a number of industries.It is reported that blockchain engineers at the moment earn $64,000 to $149,000, annually. This relevance of the blockchain technology is hinged on three areas of interest- Confidentiality, decentralization and Security.
Some of the industries that benefit from the potentials of blockchain technology are;
• The banking industry
• Cybersecurity
• Election management
• Supply chain management
• Logistics and the Internet of Things (IoT)
• Public archival
However,blockchain technology firms are having a challenge- extremely limited number of qualified personnel. Firms such as Deloitte and KMPG are having a hard time getting personnel to man their platforms.
Statistics have it that only 20,000 blockchain experts are available. It even gets worse as more companies are adopting blockchain technology and are in search of experts in the field to develop and maintain it.Developing and third world countries the worst hit because, they can really benefit from blockchain technology, but then, the shortage of man power is a serious set-back. It is a worldwide shortage.
Evidently, there is need to train people in this field, but there is, apparently no colleges or institutions where people can receive the training, which is yet due to the shortage. Furthermore, with the evolution and continuous advancement in blockchain technology, those who are already in the field still need to build on their knowledge on a continuous basis.
The need to solve this problem and pave way for blockchain technology to continuously thrive induced the birth of ExtraCredit. https://extracredit.io/
ExtraCredit is a platform that seeks to solve the problem of lack of personnel in the blockchainindustry by providing a platform where students of all ages can start learning about blockchain technology, either in the area of business-based blockchain or blockchain engineering.
It is an already working platform with a mission to provide a learning portal for people with varying levels of experience in the crypto industry using ‘ExtraCredit’ and ‘BitcoinHomework’. The BitcoinHomework is a hub for sharing ideas in addition to learning about the many aspects of crypto currencies. See more details about ExtraCredit and its offers in the white paper on https://extracredit.io/PDF-Files/Extra-Credit-WP.pdf
There will be an Initial Coin Offering(ICO) for the ‘XTRA’ Token, which is an ERC-20 based Token. A total of 600 million Tokens will be issued. The Token sale price will be USD 0.10 per XTRA. The Token distribution is shown below.
The Pre-ICO will begin on 1st January, 2018 and end on 1st February, 2018. 100 million Tokens will be made available for the Pre-sale, and the minimum purchase requirement will be 25,000 Tokens (or USD 2,500) with 20% bonus.
The Main ICO will kick off after the Pre-ICO with a total of 300 million Tokens available for sale. Minimum purchase requirement for the Main sale will be 500 Tokens (or USD 50). . This concept is will help solve the problem of lack of knowledge on Blockchain Technology. Why not be part of it as you invest in the crowdfunding exercise and have a massive Return On your investment. You can also follow ExtraCredit on
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https://bitcointalk.org/index.php?action=profile;u=1011357
https://bitcointalk.org/index.php?action=profile;u=1011357
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