Indomobil Group and Space and Time have announced the launch of a new initiative aimed at improving educational access for students in Indonesia.
Program Goals
The program aims to provide over 50,000 Indonesian students the ability to verify their credentials and streamline the process of obtaining education. With Space and Time technology, students will be able to store proof of course completion on the SXT Chain, simplifying their job search or further education.
Technological Foundation
The initiative leverages SXT, the native token of Space and Time, for payment processing, enabling quick and transparent access to educational courses. The program eliminates the need for banks and intermediaries, allowing families to pay for education directly with SXT tokens. All transactions will be recorded and verified on-chain.
Role of Indomobil Group and Space and Time
Jusak Kertowidjojo, President Director of Indomobil Group, emphasized the importance of education and transparency in payment management systems. Space and Time provides the infrastructure for processing transactions, ensuring the accessibility and verifiability of education data. Nate Holiday, co-founder of Space and Time, added that blockchain technology offers faster and more reliable alternatives to traditional payment systems.
The partnership between Indomobil Group and Space and Time represents an innovative approach to education that could significantly change access to educational resources for students in Indonesia and other emerging markets.
