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"Youngsters, who might be expected to embrace new ways of doing things, must therefore publish in existing, reputable journals if they want recognition and promotion. And the definition of "reputable" changes slowly, since journals with the best reputation get the pick of new papers."

one of the most important aspects -- in my opinion -- of the Open Badges project is that it is "open." The infrastructure is open (anyone can become an issuer). The technology is open (open source). And users control their own data.