EcoLink: Verified Education Platfrom through Bitcoin Solution
The stage of Education is a learning process of knowledge and development. However, in a modern era of technology, the resources of such knowledge, learning, teaching and the nature of media provides a theoretical and pedagogical foundation for helping peer-to-peer critical decisions. Education towards technology provides guidance for developing and delivering a course using electronic technology and discusses organizational and technical support structures that are needed to back up instructors and pupil.
In the wide range of technology, EchoLink helps people to find their niche of a reliable system that verifies education, skills and work experience information. EchoLink is a blockchain based system that provides verified education, skill and work experience information. With its time stamp functionality, Echolink uses blockchain technology stores users with trusted details regarding the candidate’s educational background such as its degree level, and work experience. The three main complementary parts of blockchain are: a shared state, a set of rules for updating state via blocks and a trust model for timestamping. Moreover, EchoLink is a blockchain-based system that distributes database that has found success as the ledger of choice for cryptocurrencies.
EchoLink was founded by Steve Chen, and with the senior software architect, Matthias von Eichstaedt, PhD, Zhixian Yan, PhD. Followed by the Senior Software Engineer Roy Wei and Strategic advisor and EchoLink President, Dustin Byington. The team seeks to create its own utility token the EchoLink token (EKO). More about the Token Generation detail is on Bitcointalk.org Thread: https://bitcointalk.org/index.php?topic=2538180.new#new
One of the partners of EchoLink is The Sutardja Center of Entrepreneurship and Technology; it is the premiere institution on the UC Berkeley Campus for the study and practice of “technology-centric” entrepreneurship and innovation. Second is NEO, An Open Network for Smart Economy in which it utilizes digital identity to digitize assets. It was founded in 2014 and was a real-time open source on GitHub in June 2015. Third is Ontology, also a blockchain/distributed ledger network which combines distributed identity verification, data exchange, data collaboration, prodecure protocols, communities, attestation and various industry-specific modules.
There are current issues in trust networks. Some are poor privacy protection in which the users do not have control on their own identity information. Untapped Data Value in which the users lose out on trading potential of their data. Trust Issues in Collaborative Systems which lack of shared authority. Data rights management where the users are unable to use their own data and other issues like equity management, identifying fake details and making charitable donations.
EchoLink explore the value of Blockchain technology connection to their platform as a solution to creating and preserving trustworthy digital records, to establish an international education reputation and skill-level marketplace, presenting some of the limitations, risks and opportunities of approach. EchoLink is useful to address issues associated with information integrity in the present and near term, assuming proper security architecture and infrastructure management controls.
In the long run, EchoLink can also be used for additional industries such as banking, general notary service and finance. For more information about EchoLink, visit https://echolink.info/ for the link of their website and https://github.com/EchoLinkTech/EchoLink/blob/master/EchoLink_github.pdf for the .pdf file of White Paper.
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1402538