Please describe your proposed solution
Proposed Solution:
We will create a platform utilizing Cardano smart contracts to manage payments and escrow services seamlessly. By integrating Atala PRISM for verifiable data and digital identity, we will streamline the process of finding and securing qualified tutors, ensuring reliability and ease of cross-border transactions.
Problem Perception:
The challenge lies in the difficulty of accessing quality education and services across borders. Currently, individuals must navigate through unreliable information, currency exchange complications, and payment transfer issues when seeking tutors from different countries.
Approach Justification:
Integrating Atala PRISM leverages an existing, trusted platform already in use in countries like Ethiopia, ensuring reliable verification of tutor credentials. Using Cardano for payments and escrow services addresses the complexities of cross-border transactions, offering a seamless financial experience.
Reasons for Approach:
We chose Cardano smart contracts and Atala PRISM due to their robust security features and capacity for managing digital identities and verifiable data. This approach directly addresses the issues of unreliable tutor information, payment complexities, and dispute resolution.
Project Engagement:
Our project will engage students and educators across Africa and the Middle East, focusing on those lacking access to qualified tutors in their native languages. We aim to connect these students with unemployed qualified individuals who can meet this demand.
Demonstrating Impact:
We will measure our impact by tracking the number of successful tutor-student engagements, user satisfaction rates, and the volume of cross-border transactions facilitated without dispute.
Unique Solution:
Our platform is unique in its integration of Cardano smart contracts for automated, secure payments and Atala PRISM for ensuring the credibility of tutors through verifiable data. This solution is vital for Cardano as it showcases the blockchain’s ability to solve real-world problems, enhancing accessibility and trust in global education services.
Beneficiaries:
Students seeking quality education across borders and qualified tutors looking for employment opportunities will benefit greatly. This is crucial for Cardano, demonstrating the blockchain's potential to foster global educational equity and financial inclusion.