Blockchain
Education Index Launches The First University Application Prep Platform On Blockchain
Tech startup, Education Index, is revolutionizing the university student recruitment process and saving fees for both institutions and students by launching Libereka, the world’s first blockchain enabled end-to-end international student recruitment platform.
On the platform, students receive a blockchain education account where they store their academic credentials, transcripts, and letters of recommendation. Libereka also gives students a personalised dashboard to recommend degrees and programs based on their profile and goals.
Soumik Ganguly, CEO of Education Index states, “Libereka makes recruiting students simpler, cheaper and more efficient, freeing up time for universities to focus on what really matters: securing the best and brightest students. Millions of prospective students around the world currently rely on a patchwork system of application support. This model is inefficient and we are streamlining that process for universities as well as applicants.”
The Libereka Common Application & Scholarship System (LCASS) allows students to apply to multiple universities and accept scholarships with only one application form and one set of documents. Libereka offers an advanced matching tool and works with qualified candidates to generate a guaranteed offer for a degree type at a desired study destination.
A portion of the money collected from university access fees through the LCASS system is earmarked for student funding. Each student using the platform is guaranteed funding (a minimum of $500) from that pool to pay for the costs of their studies abroad. Universities can contribute scholarship money risk free and, for each student who does not accept an offer, the contribution is returned to the school. Libereka reduces the cost of recruitment by cutting the time and effort spent on verification, documentation and making admissions offers.
Libereka is available to students in the biggest markets for university recruitment, including China, Africa, the Middle East, Southeast Asia and the Indian subcontinent.
Upon graduation, universities can grant students academic credentials on the blockchain, making the system more transparent and efficient. Students can refer back to Libereka when preparing for the job market, as the credentials on their blockchain accounts can also be used to apply for jobs. Libereka eliminates these verification costs.
SOURCE Education Index
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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