ODEM and it’s secure, blockchain-based platform allows students to seamlessly interact with educators and to seize opportunities to access custom-designed courses and education programs. Students can use ODEM to search for curriculum that meets their needs.
Backend Technology 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.
The ODEM Token Layer
The tokenization of the ODEM Business model, a software-as-a-service platform, is the first use of blockchain technology. The ODEM community will be launched through the public sale of an ERC-20 token, ODEMT, that will serve as the software license in the ODEM platform. The economic model for ODEMT is based on Discount Token research developed by the Sweetbridge Foundation. This design helps to isolate the utility of the token from fluctuations ensuring that use of the tokens is always advantageous. Through early participation in the ODEM platform, token participants jumpstart the community and fund the development. With the launch of the platform token-holding community members will immediately have access to software at a discounted cost, enabling immediate access to lower-cost educational services.
ODEM Token and Payment Gateway
ODEM platform participants will conduct all transactions within the ODEM platform. 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.
The Digital Wallet
A digital wallet is an online or mobile account in which users can store all payment information for ODEM Tokens. Wallets will be integrated on the ODEM platform for educators, students and other service providers.