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EduCoin is a decentralized education platform for online education content sharing and services based on blockchain and smart contract technology. The platform is designed for the consumption and provision of teaching services, the sharing of teaching product technology, and the monitoring and evaluation of teaching quality, to solve the problems of information asymmetry and fairness in education. EDU (EduCoin) token is the main component of the ecosystem on the EduCoin platform and has a non-refundable function. EDU can be used for transactions within the platform, encouraging users to participate in platform activities and maintaining the ecosystem.
Please note: there are 2 coins referred to as EDU, one is EduCoin education currency, the other is EduChain education chain, the Chinese names are similar, remind users to check carefully when recharging, trading and withdrawing EDU Smart contract address to avoid confusion.
The EduCoin platform aims to be a blockchain-based decentralized global education service platform that facilitates the distribution of educational content and the completion of educational service transactions through its native digital encrypted currency EDU. In this open ecosystem, participants from different countries and languages around the world can provide online education services and share relevant content in a peer-to-peer manner. EduCoin brings a new online education model, which can more transparently link all educational resources in the world.
Evaluation mechanism
Use artificial intelligence technology to structure and digitize the whole process of teaching services and content enjoyed by consumers, quantitatively evaluate service quality, and combine consumers' Evaluation forms a complete evaluation model. Using blockchain technology to record and save all comments, assessments will be continuously updated and accumulate multiple services, these assessments cannot be tampered with arbitrarily, but can be fully displayed on the platform. Any quality service and content can be disseminated more effectively. The evaluation mechanism will also increase the enthusiasm of providers to improve the quality of their services.
Matching mechanism
According to the needs and characteristics of all parties, we will match global educational resources. Based on the information and evaluation of service and content providers, combined with the needs of customers, we will conduct intelligent matching and recommendation on a global scale. Based on the match between provider and client, the best quality learning tools are recommended to improve teaching effectiveness. Recommending different content and services for different consumers in the world, and providing appropriate communicators for different providers, all these mechanisms will make the platform work more effectively.
Pricing mechanism
The system will conduct comprehensive and scientific pricing on services and content based on past evaluation data, and use various learning support tools, and consumers will pay EDU at this price. Enabling high-quality content and service providers to obtain higher returns can enhance the enthusiasm of providers, gradually form the utility of good money, and drive out bad money. There is actually a balance between supply and demand for services and consumption. Combined with the matching mechanism, resources will not be too concentrated to effectively improve the operating efficiency of the entire system.
Distribution mechanism
To establish an effective and fair distribution mechanism, in addition to the EDU that customers pay directly to the provider, there will be a certain mechanism to distribute EDU to platform participants, participants obtain the results of their work. This mechanism can encourage teaching system developers, content service communicators, and evaluation system developers to better support the entire ecosystem. A fair distribution mechanism can ultimately ensure the orderly and healthy development of the system.
*The above content is organized by YouToCoin official. If reprinted, please indicate the source.