Open Access. Powered by Scholars. Published by Universities.®

Engineering Commons

Open Access. Powered by Scholars. Published by Universities.®

2019

City University of New York (CUNY)

Series

Publications and Research

Social and Behavioral Sciences

Higher education funding

Articles 1 - 1 of 1

Full-Text Articles in Engineering

The Free Education Project: Higher Education Funding, E2 Implementation, And Crowdsourcing Crypto Development, Louis Carter, John R. Ziegler, Ovidui Purice, Edward Lehner Ph.D. Dec 2019

The Free Education Project: Higher Education Funding, E2 Implementation, And Crowdsourcing Crypto Development, Louis Carter, John R. Ziegler, Ovidui Purice, Edward Lehner Ph.D.

Publications and Research

This short paper, written in three different sections, explores how a cryptocurrency’s issuance and network effects could fund higher education. Synthesizing research from the Bronx Community College Cryptocurrency Research Lab, Bernard Lietaer’s notion of creating money for the needs of society, lessons learned by Galia Benartzi and the Hearts Project, and an exploration of how communities coalesce around open-source cryptocurrency projects, the authors provide an overview of the problem of funding higher education, the ways in which money that is needed could be created, and the key components to building a highly effective developer community. These three distinct ...