NDLI: Fambit: A Promising Solution to Support Open Educational Resources Initiatives

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Fambit: A Promising Solution to Support Open Educational Resources Initiatives

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Fambit: A Promising Solution to Support Open Educational Resources Initiatives

Content Provider	ACM Digital Library
Author	Roddick, Sheldon Elmiligi, Haytham Hentges, Mitchell
Abstract	The term open educational resources was initially coined at UNISCO's 2002 forum as an attempt to provide open access to teaching and research materials at no cost. Since that time, many initiatives have been proposed to support this goal but the cost of maintaining the digital material on the web remains a big challenge. Web content has traditionally been monetized by internet advertisements, which was one of the proposed solutions to cover the cost of maintaining educational resources. However, as the revenue-per-view and the click-through-rate for advertisements drop, content publishers are struggling to cover the operating cost required to maintain open-access service. To address this problem, we propose a solution that fills the niche that advertisements occupy while solving many of the problems associated with advertisements. This paper presents a new browser plugin that allows users to automatically donate a very small amount of Bitcoin to each website visited. The solution emulates the non-discriminate nature of advertising while providing a much higher revenue rate. It uses the in-place Bitcoin payment infrastructure to allow website owners to receive Bitcoin donations, and provides a simple interface that offers website visitors full control over the amount they want to donate to support each educational resource.
Starting Page	1
Ending Page	4
Page Count	4
File Format	PDF
ISBN	9781450350662
DOI	10.1145/3085585.3085589
Language	English
Publisher	Association for Computing Machinery (ACM)
Publisher Date	2017-05-05
Publisher Place	New York
Access Restriction	Subscribed
Subject Keyword	Microdonation Online content monetization Bitcoin World wide web Webextension
Content Type	Text
Resource Type	Article

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