У статті розглянуто проблеми ефективності державної системи фінансування вищої освіти
в Україні, програми міжнародної допомоги з навчання студентів і запропоновано методологічні
аспекти створення платформи співфінансування системи якості освіти у ВНЗ інвесторами – майбутніми роботодавцями – на основі рейтингу студента-випускника. Якість і прозорість рейтингів
студентів і викладачів гарантується застосуванням технології блокчейн - розподіленого цифрового реєстру, та інструменту залучення коштів на її базі ICO - Initial Coin Offering. Пропонується
створення власної монети НаУКМА й принципи її обігу. Запропоновано підходи до реалізації проекту зі створенням міждисциплінарної робочої групи з економістів, юристів та програмістів.
Knowledge economy and investments into education are natural for developed countries as it is a way
for economy development and competitiveness in the modern world. Analysis of current financing of higher
state education in Ukraine shows that its effectiveness is not measureable and manageable, which leads to
a low quality of education combined with a high quantity of higher education institutions and a huge state
expenses for education if compared to developed countries. Different international programs for support of
higher education in Ukraine are reviewed. The authors propose an approach for development of a blockchainbased
rating system for students and teachers resulting in ICO (Initial Coin Offering) of KMA (Knowledge
Measurable Assets) token to be sold to possible employers of the NaUKMA graduates and private investors
into cryptocurrencies market, thus the token to be traded at the world cryptocurrency exchanges. Known
methods of student and teacher ratings worldwide are reviewed and a new approach based on performance
recorded in Distributed Ledger Technology is offered. Scalability of the system is planned to add other
higher education institutions in Ukraine and worldwide. The paper offers an interdisciplinary approach for
building the NaUKMA team of professionals – economists, lawyers and programmers – to prepare and
launch KMA ICO. The authors have studied a comparative description of the limitations of the bitcoin
cryptocurrency mining and the number of tokens of the KMA ICO, which will be supported by the actual time
expended for training. The main goal of the project is to create a system for attracting education investments
to the NaUKMA, as well as joining this investment program of other universities and online training courses
which maintain high standards of education both in Ukraine and abroad. Fiat money gathered by ICO
would be possibly invested into student scholarships, teacher bonuses, and university digital infrastructure
development. The effect of possible state regulation for cryptocurrencies is taken into account.
