OPEN SOURCE UNIVERSITY

in #blockchain6 years ago

Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.

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Introducing OPEN SOURCE UNIVERSITY

Open Source University plans to accomplish by creating a “Learning and Development” marketplace that connects people, businesses, and schools. The aim is to improve and simplify the hiring process by validating credentials in an Ethereum Blockchain ledger, and letting employers search for a candidate who is perfectly qualified to fill a given position.

OPEN SOURCE UNIVERSITY VISION

L2B Smart Contract;
The Open Source University blockchain is used as a distributed database to store learner certifications & acquired skills. Matching algorithm will handle big data calculations to connect businesses with the right candidates, optimising recruitment costs, sourcing time and precision.

L2A Smart Contract;
Learners have all their degree credits safely stored into the blockchain, allowing them to pick their career paths via course suggestion algorithm based on live data business needs (and skill demand projection) and providing access to a flexible, fast track education model.

B2A Smart Contract;
Allows businesses to access a new generation of Learning & Development marketplace, where learning content providers are filtered based on their disciplines catalogue and academic rating (both stored in the blockchain), while payments are securely managed by smart contracts eliminating the need of middleman transaction processing.

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Open Source University (OSU) removes these barriers, allowing students to choose the courses. OSU offers courses online regardless of politics and location, allowing students to study any course anywhere at any time at their convenience. This also helps managing the students by tertiary education institution as the fees are lower through the EDU token and record keeping can be done much more efficiently as compared to conventional methods.

Verification purposes are important to some also of all learners, because it is also be validated, verifying the through identity of students learners, and their achievement records.

Business also wanted exact learners by their skills and talents certificates to be stored in blockchain.

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TOKEN AND ICO DETAILS

Upon this validation and verification, Open Source University are introducing also their EDU TOKEN a formally as a secured asset platform

This Tokens will be stored in a private wallets which needs to be ERC 20 compliant. Small amount of EDU tokens will be distributed into the blockchain in order to boost the benefits .

However,this may be useful to us specially for the students learners who may gain more skills though the Open source in this EDU TOKEN.

The team behind OS University are getting ready to start the ICO for their EDU token. This will initially serve to fund the project and see it through to an end product. It seems the token may also be a way for learners to pay for their courses, offering a crypto-for-knowledge trade that I myself am pretty excited about. The token will be sold in multiple rounds, the earliest providing the best ROI. If you’ve got some extra Ether and want to get in on the ICO, you can get whitelisted here. Only 34.8 million tokens will be distributed, and they will be tradable just like any other ERC20 token.

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Be a part of this tremendous project and follow these links below for more information.

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