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A Conversation with ODEM’s Steve Nam

Dec. 14, 2018 / in Blockchain News / by ODEM IO

 

Steven Nam has been an antitrust lawyer, a law school professor, and a chief strategy officer at a Silicon Valley startup. Now he’s joining ODEM as a strategic advisor. Steven recently spoke with ODEM’s Marketing Team about blockchain technology, his personal aspirations and the books shaping his thinking in real time.

How did you get involved with ODEM?

At the end of October, I was headed to the Malta Blockchain Summit where I was to moderate a panel on regulation in the blockchain space. ODEM reached out to me. I did some research and ODEM’s mission to reshape education resonated with me. I was approached by a good number of projects. But ODEM definitely resonated. It's something I've been thinking about on my own for a while and one thing led to another.

What’s your take on ODEM and the current state of education?

I like to think of higher education as a right rather than a privilege. In recent decades it has become more of a privilege. There are centralized power structures in education. They set the rules. They set the tuition. They set everything about education. And it’s almost a privilege to have an education, not just in the U.S., but in many parts of the world. Education itself has become this joyless process. It doesn’t have to be that way.

I've been in education. I've lectured at the University of California, Davis for a year. I taught five courses and I remember thinking, let's try to do this more my way. Let's not have these artificial kinds of restraints. But the problem is if you're an institution, there's protocol, right? You can’t really stray too far.

ODEM represents a new approach to education as it could actually get rid of all sorts of superfluous constraints and get back to the pure basics of teaching and learning. Why is the status quo so restrictive? Why can’t education provide more open access to benefit the student and instructor? ODEM is about breaking down barriers to education and removing needless intermediaries. It’s also about getting back to the pure basics of blockchain technology.

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Connecting with Ken Finch, ODEM’s Head of Business Development

Dec. 3, 2018 / in Blockchain News / by ODEM IO

 

As the ODEM Platform moves toward launch in February 2019, Ken Finch, ODEM’s Head of Business Development, took a few minutes from his busy schedule to provide ODEM Marketing with an overview of his top priorities.

Ken, how do you describe On-Demand Education Marketplace to someone unfamiliar with our project?

In the most basic sense, ODEM connects educators and students to provide targeted, custom education for students looking for specific topics, specific timing, and scheduling. The ODEM Platform also acts as a blockchain-based records-management system. It supports ODEM’s mission of making education more accessible, affordable, transferable, and verifiable.

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ODEM in Your Wallet

Nov. 7, 2018 / in Blockchain News / by ODEM IO

 

At ODEM we’re proud to showcase the ODEM Platform and efforts to protect our supporters and their digital assets.

Among our Platform’s features is the Ethereum-based ODEM Token, a utility currency that facilitates payments for academic courses and other services.

To ensure the security of ODEM Tokens, we’ve aligned with several reputable companies to offer multiple storage-wallet options.

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ODEM is Awarding Students Blockchain Certificates

Oct. 24, 2018 / in Blockchain News / by ODEM IO

 

ODEM is making educational records more accessible by granting blockchain certificates to participants in Excelorators’academic programs conducted on the campuses of Harvard University and the U.S. Military Academy at West Point.

Forty-two students who recently completed a three-week English as a Second Language course that was presented on Harvard's campus will receive ODEM certificates. The same goes for thirty-nine graduates of Excelorators Executive Leadership program taught in West Point lecture halls.

ODEM has a close relationship with Excelorators, a leader in the organization and delivery of training for international students and executives on the campuses of top U.S. universities.

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ODEM is Launching a Course Monetization Platform for Educators

Oct. 23, 2018 / in Blockchain News / by ODEM IO

 

ODEM is delivering on its promise to make education more accessible, affordable, transferable and verifiable for students everywhere by providing educators with the ultimate in flexibility for program creation, scheduling, and pricing.

Slated for launch in February 2019, the ODEM Platform provides educators with a suite of powerful tools to generate innovative and cost-effective academic offerings. The Platform, which enables Educator Program monetization, will open for public access in two phases.

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ODEM and Training Education Records

Oct. 18, 2018 / in Blockchain News / by ODEM IO

 

At On-Demand Education Marketplace, helping individuals keep track of a lifetime of learning is a critical part of our mission to make education more accessible, affordable, transferable and verifiable. Among the most important service offerings on our blockchain-based ODEM Platform are Training Education Records (TERs), which are digital certificates to help employees curate a personal and secure roster of their on-the-job training credentials.

TERs provide verified proof that individuals have received training in specific subject areas such as new software tools or changes to a company’s products or services. TERs are similar to ODEM’s Education Skill Badges, except that they’re issued by employers rather than educational institutions. I like to think of TERs as building blocks in one’s professional repertoire and immutable proof of ongoing commitment to lifelong learning.

ODEM’s TERs automatically create a record on the blockchain for employers to manage information about the courses their staff have taken. This is important when specific employee training is required by regulators such as the U.S. Occupational and Safety and Health Administration. The federal agency enforces safety standards for companies in construction, manufacturing and industries where workers may be exposed to dangerous environments.

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ODEM and the Blockchain in Education West Conference

Oct. 17, 2018 / in Blockchain News / by ODEM IO

 

A remarkable gathering of representatives of U.S. universities, colleges and blockchain companies occurred on Oct. 12 at Microsoft’s Sunnyvale campus in the heart of Silicon Valley.

Organized by San Jose’s Evergreen Community College District, the Blockchain in Education West conference brought together a Who’s Who of education administration from across the western U.S. to discuss with leading blockchain companies how and why the technology will impact the learning industry.

School systems, community colleges and universities outnumbered attendees from ODEM, creator of the On-Demand Education Marketplace, and other commercial providers of blockchain services. In my experience, blockchain conferences typically attract more developers than potential clients.

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ODEM and Peacetones

Oct. 12, 2018 / in Blockchain News / by ODEM IO

 

At On-Demand Education Marketplace, we believe in the power of technology and innovation to make the world a better place. Our sponsorship of PeaceTones, a nonprofit record label for performing artists in the developing world, is an extension of that belief.

PeaceTones is working with remarkable local musicians from Haiti to Bangladesh and Timor-Leste to promote social justice by amplifying the voices of refugees and other less-fortunate populations. An example is The World United in Song, a project led by David Levy, a New York-based human rights lawyer and jazz musician.

Levy is in the final stages of launching an album of 11 songs and videos written and performed by members of various population groups. The performers include members of Myanmar’s persecuted Rohingya people who have taken refuge in camps in Bangladesh, and Mely Fernandez, a rapper, musician and former child soldier who fought in East Timor’s war of independence against Indonesia.

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ODEM and Blockchain Island

Oct. 9, 2018 / in Blockchain News / by ODEM IO

 

It’s less than a month until Malta Prime Minister, Joseph Muscat, officially opens the Malta Blockchain Summit in Valletta, the country’s capital, on Nov. 1.

On-Demand Education Marketplace (ODEM) will be represented at this prestigious international gathering of leaders in blockchain and cryptocurrency. ODEM’s Chief Integrator, Johanna Maaghul, Chief Technology Mentor, Dr. Adel ElMessiry, Chief Token Officer, Bill Bayrd, and I will be in attendance. Summit organizers say they expect more than 5,000 people.

As the date nears, we're looking forward to elaborating on how blockchain technology is transforming higher education. Notable speakers at the Summit include software security pioneer, John McAfee, member of the European Parliament, Eva Kaili, and founding director of the Bitcoin Foundation, Jon Matonis.

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ODEM Gets Blended Learning

Oct. 4, 2018 / in Blockchain News / by ODEM IO

 

At On-Demand Education Marketplace (ODEM) we’re always open to exploring innovative ways to make higher education more effective. One pathway to improving students’ engagement and knowledge retention is through blended learning, a marriage of in-person teaching with online digital media.

In the past I’ve highlighted the limits of pure online education. That being said, I’m excited about the potential to improve learning outcomes of programs on the ODEM Platform, our blockchain-based education portal. We’re looking forward to skillfully combining in-person instruction with exceptional online content.

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ODEM and Education Skill Badges

Oct. 02, 2018 / in Blockchain News / by ODEM IO

 

Do you have a skill or area of knowledge that you’ve mastered but don’t have a way of proving proficiency to prospective employers, customers or clients?

It could be a second language, tasks you completed as a community volunteer or even an aptitude for paragliding or catering for large groups.

If you have ever played a video game, it’s possible you’ve had a character with increasingly powerful abilities displayed on a skill tree. Players will start with lower level skills that open up new branches or show improvement in already acquired skills as they progress through the game. Depending on how a player decides to grow a skill tree, special abilities or increased access to high-level game content are granted.

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ODEM and Educational Sponsorships

Sept. 26, 2018 / in Blockchain News / by ODEM IO

 

Have you ever donated or considered giving to a charitable cause and wondered how the money would be spent? Did the funds achieve your intended goal?

I’ve asked those questions many times in the context of accountability and a worrying decline in public willingness to give to worthy causes.

At On-Demand Education Marketplace, we understand the importance of providing peace of mind to people who give generously in the field of education.

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ODEM Activation on the Mainnet: What’s the Big Deal?

Sept. 25, 2018 / in Blockchain News / by ODEM IO

 

ODEM, creator of the On-Demand Education Marketplace, achieved a major technical milestone last week by activating the ODEM Platform’s decentralized application (DApp) on the Ethereum Blockchain, or mainnet.

Dr. Adel ElMessiry, ODEM’s Chief Technology Mentor, activated the DApp before a live audience at the #SWITCH! Conference in Vilnius, Lithuania. Immediately following the achievement, he generated a blockchain-based educational certificate for Antanas Guoga, the Lithuanian representative to the European Parliament. Creation of the certificate was a first for the ODEM Platform.

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Blockchain for Beginners: The Important Definitions to Know

Sept. 13, 2018 / in Blockchain News / by ODEM IO

 

“Blockchain technology isn’t just a more efficient way to settle securities. It will fundamentally change market structures, and even the architecture of the internet itself.”

Abigail Johnson, CEO, Fidelity Investments

Ask someone to explain blockchain technology, the encryption system that underlays digital currencies, and you are likely to receive a blank stare in response. However, understanding the technology can be as straightforward as the following definitions.

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ODEM and Program Revenue Sharing

Enabling educators to efficiently partner with other academics through curriculum licensing is an important part of our mission at On-Demand Education Marketplace. It’s one example of how we’re using blockchain technology to make high-quality, in-person education more accessible, affordable and verifiable.

Through the use of blockchain-based smart contracts, our ODEM Platform will allow educators to license their curriculum to other instructors and automatically share in revenue from the teaching of the content. Smart contracts that execute automatically based on real-world inputs, will manage payments and disbursements on the platform.

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ODEM Tokens and Platform Settlement

The ODEM Token (ODE) is at the heart of our mission at On-Demand Education Marketplace (ODEM) to make higher education more accessible, affordable and verifiable.

ODE acts as a core currency on the ODEM Platform by employing blockchain-based transaction mechanisms that link students, educators and other service providers.

Using the ODE utility token on the platform will allow for faster, more secure and reliable transactions for students and corporate buyers of educational programs paying for platform services.

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ODEM and Perpetual Curriculum Royalties



Ensuring that educators receive their fair share of revenue from their teaching and curriculum development is an important goal of On-Demand Education Marketplace.
 
Blockchain technology, the encryption software that underlays digital currencies such as Bitcoin, is increasingly being considered to ensure that intellectual property owners are properly compensated.
 
For example, the music and entertainment industry is actively exploring how blockchain can securely and cost-effectively track and distribute royalties.
 
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ODEM and Window Seats



We’re not only encouraging and enabling lifelong learning at ODEM, we provide students with the tools to securely store and control access to their verified academic history.

One of those tools is the Window Seat, our term for permissioned access to a student’s scholastic records for employers, universities, and educators.

Window Seats are integral to the ODEM Platform, an education-focused portal founded on the Ethereum blockchain. When the platform is completed, ODEM will be the world’s premier provider of high-caliber, verifiable education at an affordable price.

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ODEM and Identity Through Education

June 20, 2018/in Blockchain News /by ODEM IO

At ODEM, the world’s first On-Demand Education Marketplace, we’re committed to making education more accessible and affordable. By implementing blockchain technology, we’re empowering students to customize and control their educational identity.

The blockchain, or the encryption software that makes digital currencies possible, enables the creation of permanent and shareable records of academic achievement through the use of decentralized computer networks.

hrough a process called Identity Through Education, ODEM is moving to help individuals who have lost access to their academic history due to unforeseen circumstances. ITE is a service on the ODEM Platform activated by ODEM Tokens (ODE), our tradeable digital token.

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ODEM and Blockchain Certificates

June 15, 2018/in Blockchain News /by ODEM IO

ODEM, the world’s first On-Demand Education Marketplace, is committed to delivering a core promise of blockchain technology with digitally verified education certificates.

Developing secure and portable records of a student’s academic history is in line with our mission to make higher education more accessible and affordable. By using blockchain technology, the encryption software that underpins digital currencies such as Ethereum, we’re shifting control of academic records of achievement from educational institutions into the hands of students.

“Blockchain technology will accelerate the end of a paper-based system for certificates,” the European Union’s Joint Research Centre said last year in a report on blockchain’s potential to change the education industry. “Many kinds of certificates issued by educational organisations, in particular qualifications and records of achievement, can be permanently and reliably secured using blockchain technology.”

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