Odem is ready for decentralized education marketplace

Good day everyone we all know the standard of education. basically global spending has increased to about $ 6 trillion and higher education spending is expected to grow by 8% this year to $ 2.05 trillion. The growing global population in Asia and Africa, with the growing middle class, stimulated the year-on-year increase in demand. Regardless of the prospects for increased spending, students face many hurdles and limitations that prevent them from getting a high quality educational experience. Tuition fees, student debt and rising costs of middle schools, including universities, have closed many potential students and ensured the widest distribution of the highest quality education to the global elite. For many, higher education is unreliable and reliable or relevant to students with changing desires. Platform ODEM uses blockchain’s leading technology to increase transparency and efficiency, reduce costs and make education accessible to all without affecting the diverse needs of students, educators and service providers

In the present world scenario, the educational model around the world is a highly compartmentalised structure which restricts free access to knowledge for students. It is agreeable that solving hurdles is a part of learning and education but also, a global marketplace must be present which makes knowledge available to students. The competition in the education industry and the commodification of education has resulted in keen professors not being able to share the knowledge with the outside world because of the stringent nature of their home college or universities policies. Gaining admission into an ivy league or reputed school or educational institution is also becoming increasingly difficult because of the corruption of the system by influential legacies.

The rising tuition costs are also a big concern for students who are willing to learn throughout their life and adapt themselves as their professional careers progress. Moreover, the access of quality teachers is highly restricted by the organisations who employ them. These organisations also charge exorbitant prices for sessions with these faculties to maintain exclusivity. The need of the hour is to create a completely decentralized system of education which makes knowledge to be accessible to anyone and everyone around the globe.

Introduction
Utilizing the advantages of blockchain technology and the smart contract-based payment system embedded into this technology. Odem has made it possible for students and educators from around the globe to interact directly and actively participate in the transferring of knowledge and learnings, without the involvement of any external parties. Students on this platform can also look for courses and education packs. These are custom designed for them along with curriculum that will satisfy the needs of the users’ career preferences.

Key features of the Product
1.Education Supplier Service Fees
Service providers will be able to generate service fees by posting of educational lectures, knowledge course, training modules and other types of academic content onto the platform. These fees are computed as per a dynamic supplier fees structure and combined with the listing prices as picked out by the educators when they upload educational material. Moreover. Service providers and suppliers have the ability to earn a share of the fees.

2.Education Supplier Royalty Structuring
Inside the ODEM payment platform, both students and the educators have the opportunity of earning royalties based on the type of curriculum or content that they create or upload on to the platform.

How ODEM works
ODEM platform connects students and educators with course offerings at any price anywhere in the world And with a thriving user community, the ODEM platform would be an ideal way to buy or sell education and customized training courses on the cross border level.
ODEM will be supported by a series of programs used in Ethereal blocking. Use from Ethereal will provide transparency and ease of payment.
YOU will enter the platform, decide which services will be purchased, and notes The purchase is saved to blockchain. Functions and activities performed before purchases, such as finding or adding a new curriculum will be handled by off-chain platform. This system will be on the blockchain and will use smart contracts. This means that there can be no cheating, and everything will be recorded on an immutable public ledger. The system will use ODEM token to pay the faculty and the students will receive a certificate at the end of their education. Because the certificate will be added to the blockchain, there can be no faking in diplomas, and the professors can gain a reputation and visibility. The students can look at this and decide if they want to take a course from this specific professor. This will make the best professors in the world visible because it will be possible to choose from all professors in the world, as opposed to what you have locally. Ask any customer, and they will want the best, they want it now, and they want it for the lowest price. This type of “pay what you buy” and choose the best and the brightest from the World policy provides just that.

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Final Verdict With such a noble cause at hand, this is certain to bring massive changes in the educational system of the future. Free access to quality education would no longer be a dream. The issues that this particular blockchain addresses has massive implications on the existing structure of the educational industry and such drastic changes are normally incentivized by high rates of returns. So, ODEM brings forward that would be both a very lucrative opportunity and would also address a very noble social cause. 

For more information visit 

WEBSITE: https://odem.io/ 

FACEBOOK: https://www.facebook.com/odemio/ 

TWITTER: https://twitter.com/

ODEM_IO REDDIT: https://www.reddit.com/r/ODEM/ 

MEDIUM: https://medium.com/@RichMaaghul 

TELEGRAM: https://t.me/odem_io 

WHITEPAPER: http://odem.io/docs/whitepaper/ODEM.IO-Whitepaper.pdf 

BITCOINTALK PROFILE : https://bitcointalk.org/index.php?action=profile;u=1039584