Open source University : Platform Review ?
Open source university is the first Educational Platform built using the Blockchaine technology on the Ethereum Network, it has fix an objective to bring toghther Educational Institutions, Students, and Recruiters on one Platform, in orders to solve the differents problems of the Educational online Industry, a market that worth more then 165 Billions in 2018 .
What are the main problems that this industry is facing ?
1-The difference between the data stored by educational institute in different format, and the low level of trust from student in this institute due to the negative results of their courses and their educational approach to transmit the knowledge .
2-Educational institute can't exchange their date due to the fact that they don't have an unified register to save data related to academic achivement, the high risk of losing documentation by this institutes, and falsification of this documents .
3- The lack of Credible review about education institution and the qualifications of their teachers, the low level of trust in the educations system due to the negative results that it produce, and the lack of specific courses to target a specified job after graduation .
4-The recruiters or HR managers face another problem when it comes to prove the academic skills of the student for the work, due to the lack of places where to search for qualified qualifications and the low trust in the academic courses that the student has follow during its courses .
What are the solutions that this paltform will offer for this industry :
1 -This Platform will allow to store the education Data in one place, using this paltform the academic history will become completely transparent , also the risk of losing date related to this industry will be reduced, and more important this will bring more trust by student in Educational institues .
2-For educational institue, they will be able to store all their date in one place, they can award grades for student automatically using the Blockchain technology,
3-For the student, using this paltform he can chose more easily the education insitue or the academic courses due to the rating system that this platform provide, guaranteed the reliability of the data stored on the platform, choose the right courses that will help him to obtain the job of his dreams .
4-for recruiters, it will allow them to verify the academic skills of their employee and their progress, and find the best talented people to boost their business.
The EDU token is the utility token of the platform, it is an ERC 20 token, the token sale is live right now on the open source university Platform, You can Buy this toke using Ethereum, Bitcoin and Litecoin, the token sale will end on 01 July 2018, this ICO is a Kyc ICO, you will need to verify your identity to be able to buy it .
I think that this platform provide real solutions for the educational online industry, this will allow them to run a successful business models, that will help the investors in the EDU token to make stable returns on their investment in the near future .
Find More about this ICO on their official webstie :
Take a look at their Facebook Page here :
https://www.facebook.com/OpenSourceUni/
Take a look at their Twitter :
https://twitter.com/OpenSource
Find out more informations about this token by reading their whitepaper here :
https://os.university/static/open-source-university-edu-whitepaper.pdf