The $6 billion education industry is currently dealing with tremendous imperfections. Educators are underpaid, students are undereducated and yet the prices are astronomical, producing an ever-rising burden of student debt.
ODEM aims to remove these imperfections with the help of decentralisation. ODEM, short for On-Demand Education Marketplace, is a blockchain-based distributed network that allows university students to seamlessly interact with their professors and academic partners without the need of a middleman. The company will be employing AI to better match students with their desired educators.
ODEM aims to remove these imperfections with the help of decentralisation. ODEM, short for On-Demand Education Marketplace, is a blockchain-based distributed network that allows university students to seamlessly interact with their professors and academic partners without the need of a middleman.
The student gets quality education (each educator has his full credentials and teaching history on display) and pays a lot less as the middleman is removed. The educator gets a chance to teach what he wants, when he wants and can tailor the curriculum to the needs of the student. The key element of this ecosystem is the ODEM token which will be used to buy and sell customised courses across the world.
Currently, the project hasn’t achieved mainstream popularity. The company needs to broaden its customer base as the growth of the platform lies on the number of students and educators active on the platform. The project is promising with an experienced team. The project can be a safe investment to make, but the investors will need to be patient until the point where the platform is live and has a substantial customer base.
