The Open Source University is going to become a platform of certification and education, which will be operated on Ethereum Blockchain. This platform is mainly concentrated at collaborating Academia, businesses, and learners in a transparent manner. Their main aim is to take the process of education to a whole new level. They are going to integrate many great learning opportunities, along with massive courses available online that are spread across numerous online providers and platforms.
The Open Source University allows learners to take benefit of various learning opportunities that are available globally in a structured and systematic manner. Business firms can also get benefits through open source degrees as they can mention the kind of candidate and qualifications they are looking for on Ethereum Blockchain. This will help them to find the right candidates to fill the vacant job positions in the company. Additionally, it enables students and businesses to have direct communication.
This system of hiring is completely different from the traditional ways of hiring, like sending resumes to the employer and other selection tests before the final interview. Now, through the help of this platform, everything will be performed on Ethereum Blockchain.
The Open Source University makes use of smart contracts, which facilitate the main interactions between learners, business owners, and the academy. They make use of ‘OSUni Core.’ This software will help in mitigating the chances of bugs that can occur in smart contracts.
OSUni Core will be made available publicly through a license of open source and there will also be security audits on a regular basis. This is to give an assurance to the users that this platform will not compromise with the quality at all.
The first priority of this platform is the security of its tokens. The security is important to protect the information spread across the Blockchain network. They follow three major steps while conducting security audits.
There will be an intense test of information security, such as ponzi schemes and reentrancy bugs in the initial step. Then, in the next step there will be a test of new and updated versions of the smart contract. If you want to know more about the security and scalability of this platform, then read its whitepaper.
The designers of the smart contract would put more emphasis on the security than the conventional software. Smart contracts are nothing like old software, they become fixed once they are applied. The architecture of the smart contract has a lot of parts because of which it can foresee the changes confined to a particular place.
This Ethereum Blockchain-based university, namely the Open Source University, has made it easier for the learners to acquire education. It has combined the qualifications and skills all at one place. It enables students to learn and gain knowledge without following the traditional norms of the university. Plus, it has completely revolutionized the way of learning, training, and development in the business.
The Open Source University is going to register its EDU tokens to be traded at exchanges of cryptocurrencies, online platforms, and universities. It is also going to launch the beta version of OSUni in the fourth quarter of 2018.