The Costs of Higher Education Have Skyrocketed and It's Now Frequently That Students incur a debt of more than $ 200,000. The system is designed to serve the elite but does little to allow class mobility. We expect this to get worse as automation spreads through the economy and replaces some of the simplest jobs.

A new company called ODEM or On-Demand Education Marketplace was created. The solution is simple enough: use a revolutionary new technology to eliminate inefficiencies in the system and directly connect students and teachers.

The basic idea of ​​the platform is to connect students with trusted members of the education industry. The technology makes it possible to create many new connections by enabling cross-border relationships when normally the education industry is limited by physical boundaries. transportation and other necessities may become simpler, with the addition of more options being available. The evolving aspects of ODEM will help local and international students to improve the process by which they receive their education.

ODEM tokens are the key enablers of this innovation by removing middlemen and acting as a common currency that works across borders. . The platform is backed by Ethereum-based smart contracts, which will simplify all agreements between students and professors.

The use of the Ethereum block chain is essential to the operation of the ODEM. The transparency of the system and the ease with which payments can be facilitated are the main competitive advantages of this service.

The three main use cases of ODEM are market decentralization, coordination of complex relationships and transaction facilitation. The only way for ODEM to gain a dominant market share is to innovate in each of these areas.

Sale of Tokens

The tailor-made learning is the future and ODEM can become one of the first companies to offer a viable solution to the problem of poor quality and high costs that post-secondary education is facing right now. The project team believes that when students and teachers can connect and interact directly, it is possible to do more and achieve better learning outcomes. An ICO is needed to put this solution on the market, and ODEM plans to start theirs on February 17th.

One thing that is remarkable about symbolic selling is the need to follow some KYC or Know Your Customer rules. Like any other investment, a certain amount of information about the investor must be made available to regulators before we can make sure that they are eligible to invest in this token. Some symbolic sales ignore these requirements at their own peril, but ODEM has placed particular emphasis on implementing best practices, according to the company. Users can sign up for selling ODEM tokens at odem.io.