Frequently Asked Questions
How much time and money can this save me?
How long does it take to process a transcript and how much does it cost? It's that amount. You'll go from fulfilling requests to not. Everything is automated and instant.
What is blockchain?
Blockchain can be thought of as a distributed database shared amongst a group of participants who work together to maintain the network, mutualizing costs and providing one shared version of records.
Do I have to trust a third party with my data?
No. EduChain actually eliminates redundant third parties. The platform does not store or transfer any personal data, only "fingerprints" representing original credentials.
Who owns the blockchain?
Nobody and everybody. No one entity can exert control over the distributed network. Participants work together through reaching consensus.
What about Security?
Blockchain technology is cryptographically secure and resilient to failure of one or more participants in the network - it is more secure and reliable than existing solutions and grows more so through the network effect.
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