THE PROBLEM Improving accessibility means addressing the challenges that students face in acquiring a great education. We recognize that overcoming obstacles is an important part of growing up. However, we also believe 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.
THE SOLUTION Using the power of blockchain technology and its smart contract-based payment platform, ODEM will enable students and professors to interact directly and participate in the exchange of education and learning, without the involvement of intermediaries. Our goal is to make quality education more accessible and affordable to a broader audience.
THE ODEM DIFFERENCE ODEM is not an online education platform. To address the inherent weaknesses of online learning, we combine a real-world classroom learning experience with the agility and flexibility of the best parts of online education.
The Odem platform is a single, accessible, and distributed network that allows students to interact with professors and their academic partners in-person, onsite, in both local and international settings to raise the quality of education.
Jun e 2018
Attention. There is a risk that unverified members are not actually members of the team
$11 505 000
$22 750 000
$17 250 000
ODEM is a decentralized education marketplace that makes quality education more accessible andaffordable to a broader audience.
PROS:1. The platform enables students and professors to interact directly and participate in theexchange of education without the involvement of intermediaries hence less costy2. There is instant and frictionless boarder payments using the ODEM token where theusers don’t necessarily need to trust each other.3. The ODEM wallet allows educators, students and service providers to seamlessly send,receive and exchange the platform token for a variety of crypto currencies and fiat4. The platform enables the improvement of the education with the creation of the a globalmarket place where the students can easily access educational options, customize courseselections and manage their students.5. It provides more efficient and secure ways of sharing and understanding educationalrequirements, goods and details that adopt to the meet the rapidly changing workforceand globalization of the students and educators.6. The platform has the capacity to perform language translation of all the levels ofeducation ensuring that the users are able to receive and understand the content using thepreferred language without any loss of the content.7. The users are able to access a single ,real time system of negotiation, curriculumdevelopment and payments based on the agreement schedule.
CONS:1. The project lacks operational history making its implementation difficult.2. The platform doesn’t give the token holders more incentive from the token use.3. The project has restricted operations limit due to complex international laws andregulations.
SUGGESTIONS:1. The project should involve the ODEM token holders its management by giving themcapability to vote.2. The management team should come up with an application that will ensure users haveproper knowledge about the project.
Education is a global industry, and the demand for higher education is fueled by the growth in population and the expanding middle-class in Asia and Africa. The demand for higher education is forecasted to rise eight percent this year. Nevertheless, students face multiple hurdles like rising tuition fee, layers of intermediaries etc. in accessing quality education. Higher education is neither accessible nor affordable to most of the students as it has become a prerogative of global elites. The On-Demand Education Marketplace or ODEM makes use of cutting-edge blockchain technology that allows the qualified members of the industry to develop customized curriculum and offer it directly to the market. ODEM SA is a Switzerland based private limited company. It provides the students more options in housing, studies, transportation etc. The platform supports live, in-class experiences and allows the students to take ownership of their education. ODEM offers much more than an education marketplace. It aims to provide affordable and accessible education to all, provided by the top educators of the world. The Ethereum- based smart contract of the ODEM platform allow for the agreement between the student and educators to be attained with minimum possible involvement of the intermediaries like universities. The distributed network of the ODEM allows the students to interact with the professors and their academic partners in-person and onsite, in both local and international settings.
Is this company a good investment for you? That really depends on some factors. Odem has some very positive points like having a good business plan and using a good technology, but it also makes many promises for a platform which is still not online, so this adds some level of uncertainty to this investment. In any case, it looks like a good investment. If you are a teacher or a student who want to use the platform, Odem can be an excellent financial asset for you because it will enable you to pay less for the services provided by the platform. On the other hand, you would be somewhat less interested to invest in this company if you do not plan on using its services. In the end, the choice is up to you. If you are interested in Odem, you can safely decide to invest in this company. It looks like an overall good investment and you will not have to worry too much about it, as it will probably be at least somewhat profitable.
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