As Covid descends upon society, it has created a massive influx of online learning. Schools have had to adopt digital transformation initiatives due to limiting constraints. COVID has halted operations like graduations, in-person workshops and even the exchange of paper.

Along with these massive limitations, governments have reduced funding. Academic institutions are on the brink of collapse, with strict budgets and reduced resources and tired staff. Educhain not only offers organizations a safer, better way to issue and transfer digital records, but we also provide a robust income generation tool for academic institutions of all sizes and types.  

We, at Educhain, differ from other solutions by charging per recipient, offering unlimited issuance. Your organization can issue unlimited documents per active student every year without any extra charge, creating an avenue for exponential profit. Educhain gives schools a cost-effective way to generate profit and turn what was once a cumbersome, expensive, time-consuming task into an effortless money-making venture.

Here is how it works: A traditional paper record typically costs around $25 USD to produce. With Educhain, the cost is $1.50 USD per active student. Since each student typically needs several documents per year (transcripts, internship letters, reference letters, verified online portfolios, course materials and more), this creates a vast opportunity for income generation. A school could charge $5 per digital record and make a $3.50 profit per issuance. Now multiply this by several times per active student and imagine the possibility for revenue. 

This income generation could come at zero cost to your organization if you pass on the cost of issuance to your students. It is also a profit made with very little use of manpower or allotted resources. 

Educhain not only offers a blockchain secure way to issue digital records, but we also provide a lucrative business enterprise with an incredible return on investment.