ODEM will utilize its own currency, the ODEM Token, to eliminate uncertainties and guarantee transparency at every step of the process for users and educators alike. By eliminating both unnecessary, costly intermediaries and dependence on a national currency, ODEM promises lower costs for those participating in education and also extends the reach of our educational services.
ODEM’s mission is to make education available for everyone. Demand for U.S.-based education has risen enormously with students from Asia, Africa, South America and the Middle East, seeking access to four-year colleges as well as short-term training and curriculum. Many countries in these regions are outside of PayPal’s market or do not follow U.S. financial regulations. The ODEM Token promises to extend the reach of education to markets that have been historically underserved.