Get Your School Finances In Order with Õpet’s Blockchain Tokenised Payment

Õpet
Opetfoundation
Published in
2 min readSep 28, 2018

By Pon Swee Man

Source

Student life is riddled with many hardships: homework woes, arduous examinations and the bane of every student’s existence: tuition fees. On top of wringing your bank balances dry, the education industry’s tuition fee payment system is notorious for its inefficient back-and-forth relay from banks to school payment portals.

A Blockchain-Based Payment System

With blockchain technology easing into mainstream payment infrastructure, the student payment process is set to be the least of your worries. Õpet Foundation has come up with an ingenious global education portal that is easily accessible to students and educators alike via an encrypted code. Powered by traceable and secure blockchain technology, this code encompasses its user’s unique details — everything from one’s personal profile, education records, professional resume and payment credentials.

Using Tokens Over Cards

Skip the card-number-dialing and multiple authorisation roadblocks that slow down your payment. Security can come with speed now, thanks to Õpet’s ERC20 Opet Token (OPET). On Õpet’s global platform, Opet Tokens will displace fiat currency as the main payment medium, supporting all education-related expenses covering tuition, college admissions and philanthropic scholarship funding and payouts.

Admin-free Transactions

On top of that, students and educators alike can experience for themselves the benefits of tokenised payments via blockchain technology. With every payment transaction traceable and accounted for via blockchain’s self-running smart contracts, administrative cost is kept to the bare minimum — a huge benefit for the administration-heavy education system.

Fast and Fuss-free Payment

If you’ve tried PayWave, apply that experience to global digital payment while excluding the paper receipt. That’s what tokenised payments can be like with Õpet’s ERC20 Opet Tokens: fast, fuss-free and securely accountable. Never lose sleep over the chore of traditional payment again.

Join Õpet’s move to bring tokens and distributed ledgers to the world of e-learning today!

To keep up with Õpet’s state-of-the-art ventures in education, visit its following sites:

Official Website: https://opetfoundation.com/

Twitter: https://twitter.com/opetfoundation

Telegram: https://t.me/opetfoundationgroup

Medium: https://medium.com/@opetbot

Bitcointalk: https://bitcointalk.org/index.php?topic=3735418

YouTube: https://www.youtube.com/c/OpetFoundation

LinkedIn: https://www.linkedin.com/company/Opet-foundation/

--

--

Õpet
Opetfoundation

Bringing AI and Blockchain Technologies into education, Õpet is revolutionizing students' lives, helping them to reach their full potential.