The ODEM platform uses cutting-edge blockchain technology to enable qualified-and-trusted members of the education community to create customized curriculum and experiences and offer them directly to the market. The platform will facilitate live, in-classroom experiences, supported by some online capabilities. A foundation of ODEM is the belief that local and international students should take ownership of their education.
Crucially, Ethereum based smart contracts are used to ensure the services are accessed in a trustless manner. That means that transactions can occur without the necessity of trust between parties. At a practical level, a student can buy services from service providers on the other side of the world, without ever meeting them and knowing whether they are an honest service provider.
Because of the immutable nature of the blockchain, students can inspect it and make sure that they have confidence in the delivery mechanism. Service providers can make sure that the students have sufficient funds to pay for services. Smart contracts will govern both execution and enforcement of the agreements between parties.