At ODEM, we’re determined to make education more affordable, accessible, transferable, and verifiable. We’re also committed to using blockchain technology to give students greater control over their educational records.
The blockchain, a decentralized network of digital ledgers and the encryption software that make digital currencies possible, allows us to create immutable and shareable records of academic achievement.
Blockchain technology is hastening the end of paper-based recording systems for transcripts and university degrees. Educational institutions are only just beginning to comprehend blockchain’s potential to enhance and improve the utility of scholastic records.
Digital education certificates generated on the blockchain allow students to share their academic accomplishments with recruiters, employers, and other universities or colleges. The tamper-proof certificates can instantly be verified without the time and cost of contacting a university or college’s registrar.
What’s more, through ODEM’s Educational Activity Repository (EAR), students can securely store their academic and professional history, and determine who can view it.
A student who wants to include specific details of his/her academic history in the EAR begins the process by staking, or putting up a deposit. The stake will be returned after the student’s educational institution confirms the claim of academic achievement.
EAR is just one of the use cases we’re developing for the ODEM Platform. We aspire to be the world’s premier provider of high-caliber education at an affordable price.
Stay tuned for more ODEM developments.