The idea is certainly very interesting, but for full-fledged work you need to make agreements with educational institutions (institutes, colleges, universities). What are your plans in this direction?
This is a great question. So as per our ITO funding allocation, a lot of the funding we receive from the ITO will be delegated towards marketing the project to ensure we build a successful brand and can approach academic institutions to propose to them the ecosystem. We're also working with our advisory board, and partners in regards to getting in touch with academic institutions to onboard them into the ecosystem.
Evidently however, not all institutions will want to join the ecosystem, and this is where we also have the ability for students/credential holders to upload their academic credentials onto the platform. Students/credential holders will have the opportunity to upload their own copies of their academic credentials, however, they will be listed as "Not TrustED Verified" due to the nature of these documents being uploaded by the student themselves. However, for a fee in TED Tokens, the student/credential holders can request TrustED to reach out to their corresponding academic institution and verify the credentials for them. This will also be done through an AI mechanism we are building to streamline the process, and reduce human involvement.
Essentially, to put things into simpler terms the platform will work in two ways:
1. Onboarding Academic Institutions to join the ecosystem.
2. Onboarding Students/Credential Holders to join the ecosystem and upload their own credentials.