Abstract
Blockchain is an emerging technology that serves as an immutable ledger and publicly available infrastructure for building decentralized applications. Blockchain-based applications ensure transparency and trust between all parties involved in the interaction. Nowadays, educational organizations focus on online education and propose to create a system based on educational smart contracts in a public ledger. This public ledger shall be shared between major online and offline educational institutes around the world. From a software architecture perspective, blockchain enables new forms of distributed software architectures across a large network of untrusted participants. The objective of this chapter is to propose a blockchain architecture stack to smart education. The proposed architecture exploits the benefits of the blockchain and global ecosystem simplification to create a globally trusted higher education credit system.
Introduction
Blockchain is an emerging technology, which provide significant opportunities to disrupt traditional products and services due to the distributed and decentralized in nature. The features such as the permanence of the blockchain record and the ability to run smart contracts make blockchain technology-based products or services significantly different from previous internet-based commercial developments and of particular interest to the education sector. Besides, currently, stakeholders within education are largely unaware of the social advantages and potential of blockchain technology.
The increased interest and the variety of blockchain technologies lead to the growth of their application domains. The idea of storing educational records in the blockchain has been circulating in the press and academic papers for several years. Nowadays, most of the educational organizations focus on online education. These educational organizations propose to create a system based on the educational smart contracts in a public ledger. This public ledger can be shared between major offline educational institutes.
Context
Blockchain technology is forecast to disrupt any field of activity that is founded on time-stamped record-keeping of titles of ownership. Within education, activities likely to be disrupted by blockchain technology include the award of qualifications, licensing and accreditation, management of student records, intellectual property management and payments.
In education systemsstudent records are endless, and with blockchain technology, assets like attendance, courses, payments toward tuition if they attend a private school, grades, coursework, and even their diploma can become part of their blockchain record. Since these records cannot be deleted, this helps with data security in that it is immutable. It also belongs to the student, rather than to the school. With blockchain, no participant can tamper with a record after it has been saved. If a record has an error, a new record must be added to correct it, and both the incorrect and correct records will remain visible.
What is Edgecoin
Edgecoin is the world’s first Educational Stable Coin that provides an open payment system for an educational institution where individuals can make education-related transactions such as enrollment fees, accommodation, books and all educational spending via a decentralized application to be settled at the same speed as the Internet while making full use of the education infrastructure, regulation and stability of traditional finance process systems.
OUR GOALS
Our goals on this project is to set our tokens including blockchain into real student coin and is the number one project that gives the users the privilege to act on the wide-scale tokenization for people, companies, firms building up to the decentralized ‘’DEFI’’. The large scale tokenization is a procedures that requires an easy to operate through the general ecosystem that is built by the Edgecoin coin with the assistance of the ecosystem #Edgecoinpay every person will have the easy ability or knowledge to produce any types of token and upgrade it along the line. The #Edgecoinpay coin also aims at allowing tokenizing people, company and corporations, and also provides a means of managing token consumptions, and can easily list any new kinds of projects.
One of the main advantages of #Edgecoin coin over blockchain based projects, is Edgecoin coin is mainly backed and assist by academic faculties with a highly educated and intellectual business oriented driven and also people that academically sound in all areas in business with the help of participation of academic world will assist by improving the open and complex network and tokenization, which can be easily used by anyone, and also by bringing or providing a solution to business startups.
How Does Gradecoin Staking Works
Connect your wallet through Metamask, using either Chrome, Edge, or Firefox browsers. Safari and Opera browsers are not compatible with Metamask and will not function.
Choose the coins you would like to deposit and begin staking within Edgecoin.
3.Get your W-Edge coins followed with your Gradecoins located to your wallet that you created to deposit on.
What are the benefits of Staking Pool
-Entering early into our Liquidity Staking Pool allows you to stake Gradecoin before the major exchange listings.
-When entering into our Liquidity Staking Pool early, you reap the benefits of automatically getting into our fluctuating DeFi token, and receive 34% of Gradecoin at 0.20.
-An early entry increases the amount of Gradecoins you can stake against Edgecoins before the major exchange listings
The Potential of Edgecoins
Edgecoins has so much potential. It has impacted greatly on how financial transactions are performed and also aids in the decentralization of finance. However, one of the most significant impacts of EdgeCoin technology on education is the reduction in payment rates due to the absence of third-party agencies. EdgeCoinPay technology systems disallow the need for third-party agencies in transactions, eliminating payments of commission or bank rates. These transactions are encouraging reduced education payment fees, and increases the bargain power of consumers. One of the leading parties benefiting from this system is students.
Since its announcement in 2008 and eventual introduction in 2009, blockchain has successfully become the major hive for investors seeking to expand into cryptocurrency. One would expect that with the popularity and use of cryptocurrency, it has the full potential of blockchain that would have been established. However this is far from it
The shortcomings of existing digital currencies, Bitcoin inclusive, is its limitations in the educational sector, where stable digital token is required for use by personnel working or participating in the education system. However a team managed by L.A Investment Ltd and supported by Girish Chandra`s University group, have studied the weakness in the current system. They have now successfully programmed a new Stable Coin which is aimed at filling the open spaces previously left in the relationship between cryptocurrency and payments in the
Education ecosystem.
Edgecoins Token Distribution
The Token Details
Name:Edgecoin
Abbreviation:EDGT
Type of Token:Stable Coin
EDGT Value:1 USD
Supply:10,000,000,000
ACCURATE INFORMATION:
Website: https://www.edgecoinpay.com/
Telegram: https://t.me/Edgecoin_chat
Twitter: https://twitter.com/edgecoinpay
Facebook: https://www.facebook.com/edgecoinpay
Instagram: https://www.instagram.com/edgecoinpay/
YouTube: https://www.youtube.com/channel/UC5ekVAo2GXdMPcM03Y6r78g
AUTHOR
Forum Username: xilosft2.0
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2763334
ETH Wallet Address: 0x612328C9fc4956EC5522f6078779EB19800Af48D