ODEM - SOLVES PROBLEMS WITH THE MODERN EDUCATIONAL MODEL

Education is a global industry. Despite prospects for increased spending, students face many hurdles and restrictions that reduce the accessibility to quality educational experiences. Rising tuition costs, student debt and layers of intermediaries, including universities, shut out many prospective students, ensuring that the highest quality education is overwhelmingly allocated to global elites. For many, higher education is neither accessible, affordable nor relevant to students with everchanging desires.

Improving accessibility means addressing the challenges that students face in acquiring a great education. Several hurdles stand in the way of achieving broader student access to traditional, in-person higher-quality education. Students are hampered in their quest for knowledge by rigid controls on enrollment, course prerequisites and other onerous requirements. Rising tuition costs and disadvantages of geography also complicate the process. For students committed to lifelong learning, a lack of customizable options inhibits their ability to update their knowledge as their careers evolve. Additionally, access to the best educators are controlled and the cost inflated by the institutions who employ them. However, ODEM believes that creating a global marketplace can assist students in accessing many education options, customizing course selections, and managing the acquisition of student accommodation and transportation.

Overview

The ODEM model will create an integrated platform where all types of students and student representatives can create and request services for education programs. Educators and educational service providers can receive requests for program fulfillment and delivery services all through a frictionless, smart contract. 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 log in to the platform, decide which services to purchase, and the record of such purchase is stored onto the blockchain.

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 negotiates customized education experiences in person and online. Functions and activities performed prior to purchase, like searching for or adding new curriculum will be handled by the off-chain platform.

ODEM Token

The ODEM Token provides users with discounts on platform service fees. Payments will be allowed in the user’s currency of choice. The token itself will be built on the Ethereum Token Standard, also known as ERC 20. Service fees will be generated by the creation and listing of educational 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. 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. Within the ODEM payment ecosystem, both students and educators have a unique opportunity to earn ongoing royalties for the contribution of programs and program curriculum.

Timeline

 

ODEM is more than just an education marketplace. ODEM mission is to make education from the world’s top educators accessible and affordable to everyone. Demand for U.S. based education has risen enormously with students from Asia, Africa, South America and the Middle East, seeking access to traditional four-year colleges as well as providers of customized training and curriculum. The ODEM platform has been made possible by the emergence of cutting-edge blockchain technology that allows qualified and trusted members of the education industry to create customized curriculum and experiences and offer them directly to the market. It allows international and local students to take ownership of their education. Through Ethereum-based smart contracts, the agreement between students and professors will be attained with the least possible involvement of intermediaries.

Team

Education Team	Steve Jarding, Harvard University Faculty – Education and Leadership Curriculum Advisor Ingo Fiedler, Hamburg University Faculty – Blockchain and Economic Advisor Sven Beiker, Stanford GSB Faculty – Technology Advisor
Management Team	Richard Maaghul – CEO Bill Bayrd – COO Michael Zargham – Chief Systems Engineer Amit Garg – Chief Technology Officer Gustavo Guimarães – Lead Ethereum and Smart Contract Architect Kirsten Montgomery – Director of Finance and Resources Ken Finch – Director of Global Sales Asad Zaman – Director of Sales Pakistan Bowen Gao – Sales – Emerging Market Kris Yagel – Program Director and Designer
Advisory Council	SICOS – Crowdsale Advisory KPMG – Legal and Compliance Advisory BlockScience – Blockchain Economics Advisory

 

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Written By: putri_dewi
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1132669;sa=summary
address of ethereum wallet: 0x4aD3D0C2A47FfA55547DBb36630A77912BC5Ff21