Intellectual Currency

Knowledge Token^® (Knowken^®) is designed to fundamentally transform the way in which learners, educators, and educational content creators acquire, distribute and generate knowledge.

As an incentive and participation token that is awarded to learners in exchange for intellectual achievements, while privately and securely recording corresponding academic progress, Knowledge Tokens are issued in amounts that correspond to the units or amounts of knowledge, skills and/or credits that learners earn.

Knowledge Token^® can be considered to be intellectual currency and, as such, may be used to pay for goods and services such as mobile phones, tablets, computers, games, textbooks, tuition and more.

Following an inclusive global participatory approach to the design, development and deployment of Knowledge Token^®, the Knowledge Foundation adheres to the core principle of being "open to all."

Knowledge Token^® was introduced to the public in 2017 at the international Immersive Italy Summit in collaboration with INDIRE, the research division of the Italian Ministry of Education. Founded in 1925, INDIRE (National Institute for Documentation, Innovation and Educational Research) is the Italian Ministry of Education's oldest and most highly regarded educational research organization and is considered the benchmark for educational research in Italy.

Academic Transcripts

Knowledge Token^® features the ability to privately and securely capture, record and represent the knowledge, skills and/or credit earned by learners via formal and informal education, educational software (e.g., websites, applications, mobile apps, etc.), training exercises and scenarios, self-paced and self-directed educational experiences, professional development (PD), and other forms of teaching, training and education.

These forms of knowledge-, skill-, and credit-based information and data include, but are not limited to, attendance and participation records, quiz results, test and exam results, progress and status reports, assessments, logs, rubrics, numerical grades, letter grades, pass/fail grades, grade point averages (GPA), scores, credits, credit hours, credit by examination, semester credit hours, contact hours, certification and certificates, degrees, diplomas, and so forth.

Knowken^® Store

Every product in the Knowken^® Store can be purchased entirely with Knowledge Token incentive and reward tokens. Participants in Immersive Education clubs (iED Clubs) and camps (iED Camps) are authorized to sell their own items in the Knowken^® Store.

How do Knowledge Tokens "work"?

Knowledge Token are digital incentive, participation and reward tokens that are issued in amounts that correspond to the amount or units of knowledge, skills and/or credits that learners earn through the successful completion of tasks and activities using digital software (i.e., websites, software applications, mobile apps, etc.) and/or non-digital means such as traditional non-digital classes or courses, hands-on training, pencil-and-paper assignments and examinations, etc.

Upon the successful completion of a specified task or activity the corresponding quantity of Knowken^® digital tokens are created and issued via software programs that run on specially configured Internet server computers. The software responsible for creating, issuing and managing the tokens runs on the "server-side" and, as such, is not visible or accessible to end users (the software can not be downloaded to a computer or mobile device, for example, since it runs on specially configured Internet server computers that aren't visible or accessible to end users). In this way the entire process of creating, issuing and managing Knowken^® digital tokens is entirely transparent and invisible to the end user.

Learners who have earned Knowkens can redeem them for goods through the online Knowken^® Store and other online websites that are authorized to interface with end users for such purposes.

Knowken^® Interview

What is a Knowledge Token? Learn about the Knowken incentivization and reward system in the 2018 Magazine of the International Child Art Foundation interview with Aaron E. Walsh, Director of the Knowledge Foundation and Immersive Education Initiative.

Working Groups

Open international standards related to Knowledge Token^® and blockchain in the field of education are developed by Knowledge Foundation members through Technology Working Groups (TWGs) and non-technical Working Groups (WGs) that are chaired by faculty, administrators, and researchers.

Whereas Working Groups address non-technical aspects of the system, such as legal and economic matters, Technology Working Groups develop, deliver and maintain technological materials such as technical reports, design documents, specifications, reference implementations, software implementations, conformance test suites, best practices, curricula, usage guides and reviews of deliverables produced by other TWGs.

For an overview of active WGs and TWGs refer to the Knowledge Groups area.

Impact

Our mission is to make Knowledge Token^® universally accessible to every learner everywhere.

Knowledge Token^® is designed to transform the learning and teaching experience in an inclusive manner by enabling learners from around the world to benefit from it irrespective of their age, location, financial status or social status.

The Knowledge Foundation adheres to the core principle of being "open to all" by following an inclusive global participatory approach to the design, development and deployment of Knowledge Token^®.

To this end, the foundation and our collaborators are working closely with academics, engineers and students across countries and continents, including Switzerland, the United States, United Kingdom, France, China, Africa, Latin America and Asia.

By making educational opportunities equally available to all — from the global North to the global South — Knowledge Token^® is being created in the spirit of "nothing for us without us."

Significantly, Knowledge Token^® contributes to several UN Sustainable Development Goals and, most importantly, SDG 4 (Quality education).

Millions of Learners Worldwide

Immersive Education Initiative, the world's foremost experts in immersion and immersive technology, is a non-profit international collaboration of educational institutions, research institutes, museums, consortia and companies. The Initiative was established in 2005 with the mission to define and develop standards, best practices, technology platforms, training and education programs, and communities of support for virtual worlds, virtual reality, augmented and mixed reality, simulations, game-based learning and training systems, immersive teaching and immersive learning platforms, and fully immersive environments such as caves and domes.

Thousands of faculty, researchers, staff and administrators are members of the Immersive Education Initiative, who together service millions of academic and corporate learners worldwide.

Collaborators and Summit speakers include faculty, researchers, graduate students, and executives from the world's leading academic and cultural organizations, universities, and companies, such as United Nations, United States Department of Education, Harvard University, University of Oxford, Massachusetts Institute of Technology (MIT), The Smithsonian Institution, Stanford University, NASA, Google, Microsoft, Intel, Twitter, Disney, Oracle, Computerworld, Italian Ministry of Education, the Louvre Museum and Palace of Versailles, Royal Institute of Technology (Sweden), Sorbonne University (France), Keio University (Japan), Nippon TV (Japan), National University of Singapore (NUS), Government of New South Wales (Australia), Israel Ministry of Education, University of Glasgow (UK), European Learning Industry Group (ELIG), Università degli Studi di Padova (University of Padua, Italy), University of Zurich (Switzerland), Trinity College (Ireland), University of Barcelona (Spain), Italian National Research Council (Consiglio Nazionale delle Ricerche), Universidad Carlos III de Madrid (Spain), and many more world-class organizations

To learn more visit https://ImmersiveEducation.org

SUMMIT PARTICIPANTS