Tutellus Creates Decentralized Educational Platform Based on Blockchain Technology

Jordana Sacks
  • Tutellus is the first decentralized and collaborative EdTech platform based on blockchain.
  • The project aims to transform teaching and learning for people all around the world.

Tutellus is an educational project with a difference. Ambitious, innovative, and enterprising, its overarching aim is to revolutionize the way we teach and learn.

The idea has been almost five years in the making. Beginning in 2013, the company behind it envisaged the platform as a tool for collaborative education, one that would match students with teachers to create an improved learning experience for all.

It wasn’t until 2017, however, that its founders realized blockchain technology could be of use to them. Decentralizing their model by tokenizing their assets, they adopted the NEM blockchain, using a four-layer model to create a truly one-of-a-kind platform.

The company has been clear in stating that it has no intention of creating a handful of millionaire teachers, but rather aims to make millions of ‘thousanders’ instead, explaining:

“We want to steem our market, to spread the richness in the community, tokenising it.”

Tutellus

The organizaiton is doing this with the TUT token: a 100 percent utility token which can be used alongside their Smart TUT to ensure user relevance. Through the adoption of this model, the company has been able to design a complete tokenomics workflow, which has proven highly popular with students, teachers, and companies alike.

This means that now, just a few short months after its inception, Tutellus has hundreds of thousands of users who are making the most of this blockchain marvel.

The primary goal of the platform remains the same as it always has: to pay individuals for learning. Already the leading EdTech ICO in the Latin regions, they now have their sights set on becoming the biggest of their kind in the world, so they’re able to spread this ethos even further.

For the educational sphere as a whole, this really could prove revolutionary, for as Tutellus states: “the more you learn, the more money you get, and the more relevant you become in the community”. Has there ever been a greater incentive to expand one’s academic horizons than that?

Featured image from Max Pixel

Zcash Blockchain Set for Redesign; Facebook’s Calibra to Hire Head of Data Science

The top daily news from the cryptocurrency and blockchain space:

  • Zcash blockchain set for major redesign.
  • Facebook’s Calibra posts for Head of Data Science.
  • Binance DEX gets its first stablecoin trading pair.

At the time of writing, bitcoin (BTC) and ether (ETH) are trading at $10,809.4 (+0.5%) and $307.0 (-2.9%), respectively. As for the MVIS CryptoCompare Digital Assets 10 Index, it is currently tracking at 4,815.8 (-1.4%).

Bitcoin Ethereum CryptoCompare

Zcash Blockchain Set for Major Redesign

The Electric Coin Company (ECC), the entity steering the development of the Zcash blockchain, is reportedly planning to make the privacy-oriented cryptocurrency as user-friendly as cash payments.

Covering topics such as funding and scalability via sharding, the future of Zcash was presented on and discussed over the weekend at Zcon1, an annual Zcash-focused conference.

Facebook’s Calibra Posts for Head of Data Science

Continuing to build out its team, Calibra – a recently announced subsidiary of Facebook – posted a job position for a Head of Data Science on Saturday.

Per the job description on LinkedIn, the ideal candidate will be “an experienced analytics leader for [Facebook’s] entire consumer-facing wallet product.” This wallet will be the first product to come out of Calibra, which is building financial services atop the ecosystem surrounding Libra, a digital currency initiative announced by the social media giant last week.

Binance DEX Gets First Stablecoin Trading Pair

Stably, a blockchain startup that creates fiat-backed stablecoins on multiple protocols, announced the launch of its U.S. dollar-backed stablecoin – USDSB – trading pair on Binance and Binance DEX.

The announcement marked the first stablecoin to launch on Binance DEX. According to a blog post from Stably, the Binance DEX listing enables “other Binance Chain projects to establish transparent, liquid, and stable on-chain trading pairs.”

While just one cryptocurrency – Binance Coin (BNB) – is paired against USDSB for the time being, Stably said that it is “planning to list USDSB with additional assets on Binance DEX very soon.”