ODEM. UNLOCKING THE ACCESSIBILITY AND AFFORDABILITY TO HIGHER EDUCATION.
Education is a global industry. However, to gain access to higher education has become increasingly affordable for most people over the last few years. Things become even worst when someone tried to have access to higher education which is not within the borders of their country of origin. College costs continue to rise rapidly as an increasing number of years too. Rising tuition costs and disadvantages of Geography also complicate the process. For students who are committed to lifelong learning, the lack of choice of customized hampers their ability to update their knowledge as their careers evolve. In addition, access to the best educators are controlled and the cost increased by the institutions that employ them. The emergence of online teaching system has drawn attention to the limits of what students are able to get from the online education experience. Although online teaching can overcome educational desires of some people, the geographical and social context is lost in the world of online education.
ODEM SOLUTION FOR THIS PROBLEM
ODEM is a technology platform that will enable students to have the ability to make contact and have access to education as smoothly as possible. Use the power of blockchain and technology platform of smart based on contract payments, your breath will allow students and Professors to interact directly and participating in educational exchange and learning, without the involvement of intermediaries. The purpose of the breath is to make quality education more accessible and affordable to a wider audience. Breath and it’s safe, blockchain-based platforms allow students to seamlessly interact with educators and to seize the opportunity to access courses that are specially designed and educational programs. Students can use the breath to find curriculum that meets their needs.
Education industry faces many challenges that breath trying to solve by providing the following;
- Access to both local and international experience and education of people. While the breath can provide all kinds of learning experiences, the program emphasizes education on-the-ground in the elite institutes all over the world.
- A single educational community in which students, educators, and service providers can communicate and participate directly in a secure environment.
- A more efficient way to share and understand the requirements of education, goals and details to meet the workforce are changing rapidly and globalization students and educators
- Single system, real time negotiation, the description of the curriculum and the agreed payment schedule.
- Academic and curriculum integrated schedule Builder with details available to all the participants to ensure the development of educational programs that are clearly laid out and agreed by all parties.
- The ability to perform back-and-forth translation language at all levels of education procurement to ensure that an important nuance in the program request is not lost in translation.
ODEM is a comprehensive platform that allows students, educators and service providers in the education industry to participate in a direct, decentralized, real-time marketplace. It empowers participants to search, select and purchase existing educational products as well as create, request and negotiate customized education experiences in person and online. Unlike online education providers like Coursera and Khan Academy, the ODEM platform focuses on creating real-time, in-person educational programs. Because of this, the ODEM platform is designed to accommodate not only the delivery of a single course, but also the accompanying services and scheduling that are included in accommodating a group of students traveling to a location for one day, a month or even a year. Since the majority of our current offerings are onsite educational experiences, we have built an off-blockchain capability to manage a range of tasks, including the negotiation of costs, the securing of service providers and the creation of student certificates.
Whether for a one-day lecture or a more extensive week-long training event, the ODEM platform connects students and educators with course offerings at any price point anywhere around the world. And with a growing community of users, ODEM platform will be the ideal way to buy or sell customized education and training courses at a cross border level. ODEM will be powered by a set of programs deployed on the Ethereum blockchain. Use of Ethereum will provide transparency and ease of payment. Users will login onto the platform, decide which services to purchase, and the record of such purchase is stored onto the blockchain. Functions and activities performed prior to purchase, like searching for or adding new curriculum will be handled by the off-chain platform.
Service fees will be generated by the creation and listing of education lectures, courses and content on the platform. These fees will be automatically calculated according to flexible supplier fee structures and added to the listing prices selected by educators when they publish educational content. Additionally, service providers suppliers have the ability to gain a share of these fees. Inside the ODEM platform, suppliers will be incentivized to join the platform through free initial tokens allocated from the ODEM Rewards token distributions. Once suppliers sign up and create profiles, they must adhere to the supplier fee structures. Initial reward structures will be based on three factors, which will transition as the platform develops. These factors include:
• Time of Adoption
ODEM platform participants will conduct all transactions using the ODEMT. Payments will occur through the exchange of tokens and will adhere to the smart contract terms and conditions. The token itself will be built on the Ethereum Token Standard, also known as ERC 20.
Token sale will occur in two phases
- Pre token sale – early adopter phase
This Pre Crowdsale stage will begin on December 10, 2017. In Pre-token sales, 58.2 million ODEMT will be issued at a discount rate of € 0.0375. This ODEMT will published at a 25 percent bonus rate. Please note the bonus tokens will only be accessible After completion token token and token generation event event has occurred. There is a minimum purchase requirement of 200,000 ODEMT, per user, in Pre-token sales stage.
- Sales Token
The primary token sale will begin tentatively on February 17, 2018 and will continue until March 19, 2018. A total of 180 million ODEMT will be issued. That the token will be issued at, or about € 0.05. Considering the fact that the ODEM platform can only perform optimally if the token is widely distributed, all users will be allowed maximum purchase of 250,000 ODEMT during the first hour of main token sale. After The maximum cap of 250,000 ODEMT will be lifted.
Twitter : https://twitter.com/ODEM_IO