Odem Is Set To Transform The Education System Using Blockchain
The education system anywhere in the world needs transformation. Let’s first consider how expensive fees are in most good colleges and institutions. Many times people choose not to study further because of the tremendous financial pressure. A good education can help build the future of an individual’s life and for that the future of the entire education system must become a part of the digitalized world that we are a part of today!
To overcome the never-ending issues and challenges that hinder the path that leads to better education for students, ODEM has come with great innovative ideas to deliver proper education. A global marketplace can assist students in accessing many education options, customizing course selections, and managing the acquisition of student accommodation and transportation and they are doing so using the power of blockchain. Blockchain and its smart contract-based payment platform, ODEM enables direct interaction between students and professors who participate in an exchange of education and learning without the involvement of middlemen.
Richard Maaghul, the founder and CEO of ODEM was traveling to Indonesia years ago when he happened to meet a young boy desperately wanting to continue his education. The boy had big dreams as he not only wanted to get further education but also wished to attend Havard.
Both financial and geographical challenges stood like hard rocks in his path thus making his dream remain a dream forever. This story of the young boy stayed with Maaghul and he wished to eliminate these barriers with the help of the best technologies and help create a revolution in the field of education.
“I’ve been inspired by the life-changing effects of higher learning for a long time, having focused a significant part of my career on delivering impactful educational experiences to students and professionals”, said Maaghul while explaining how he has witnessed the dramatic shift in the way we learn today due to the internet boom.
But even though there have been significant changes and developments in technology, the base that supports the infrastructure of education still remains problematic. The education system has turned out to be the source of more money for the ones in power when the students should be the ones getting the most benefits out of an education system that has been created for them.
Thus ODEM aims to provide personalized education to students that would help them achieve great heights in their workplace. We all have come across digital solutions for better education but ODEM stands out among its competitors because it uses blockchain.
ODEM is built Ethereum blockchain because it offers better options of making higher learning not just more accessible, verifiable and transferable but also affordable on a global scale. Blockchain has the ability to do this as it provides a decentralized platform for both students and educators to make direct connections, in an international marketplace without the interruption of an intermediary. This basically provides students the control over the education they receive as ODEM readily produce personalized courses according to his/her skills and capacity.
With Blockchain ODEM also provides the students with total ownership of their educational records and credentials. The records are available at the click of a button. No longer do they have to wait or pay for documents like academic transcripts or certificates of achievement ever again.
Students and educators both benefit with the use of smart contracts that self-administer and automatic payment solutions that save time and cut fees. Additionally, all ODEM Educators’ qualifications are verified on the blockchain too, so that ODEM students can develop a sense of trust.
In 5 years from today ODEM will continue to be a thriving marketplace, and empower students to take control of their education and trouble-free, faster and easier for employers to hire.
Blockchain will also go through some significant changes in the coming five years that will help many other industries in the future. ODEM aims to use those advanced features and apply them into their system and help make it student-friendly and simpler. Blockchain also helps build a platform that is secure and well safe-guarded.
Over 6,000 students from all over the world and even educators from top universities like Stanford and University of Geneva have been attracted by the ODEM Marketplace. ODEM wishes to help these and many more students who will be a part of the ODEM ecosystem. Blockchain has given them the liberty to make student’s dreams come true and thus help transform the education industry as a whole.