Unifinity and Gravitas International Partnership Highlights Importance of Education throughout Asia.
Globally students are encountering huge difficulties in learning and obtaining a formal recognized education. The partnership between Gravitas International and Unifinity intends to bring about a positive change and transition to the current traditional and manual education system into the next generation of EDTECH which enables all users to achieve the full use of Blockchain, Artificial Intelligence, IoT , Fintech all in one Unified Application.
Gravitas International Associates Pte Limited is located in Singapore and offers specialist ICO/ITO advisory services. They host a full suite of advisory services for companies. ranging from preparing to launch their own ICO to Legal and Marketing services.
Malcolm Tan, Chairman and General Counsel of Gravitas International, Founder, and CEO of Gravitas is also a Managing Director of his own firm Malcolm Tan Chambers LLC and remains a practicing lawyer.
The Ceremony was held in Singapore last February before the Global Lockdown starts and both parties decided to start focusing on working on the development of the Application during the pandemic first prior to any token sales which Unifinity CEO/Founder Veronica Andrino together with her Developer teams had been developing since last 2019.
The Core of the Unifinity Application is a Full University Framework where it will allow the institutions to access the full Features and Advantages of Blockchain. There will be constant application updates and new features are set to be introduced to the current Unifinity Web-based application.
Introducing Unifinity Credits UNY CREDITS (UNY)
Unifinity are focused on providing technical support and services to educational institutions to support academic and administrative processes through smart contracts which make it easier to sort the data, tracking, monitoring activities, and attendance of the students.
This is all being done by utilizing Tokens as a form of virtual fingerprint and tamper-proof time-stamp and providing incentives and rewards to every student on the application.
Unifinity will enable users as parents, students, and management to full and convenient access to all relevant data, a dynamic interface, connecting all blockchain innovation partners and processes by providing the necessary infrastructure and a set of integrated tools. It will empower universities to manage blockchain features and applications at a fraction of the current cost and time.
The UNIFINITY concept is to create the First Decentralized Application that will support all the universities by providing them accessibility and technology utilizing blockchain technology. UNIFINITY’s aim is to create the first decentralized application that enables universities and schools of any size to rapidly implement the use of blockchain technology and smart contracts for various application needs. Unifinity believe that blockchain technology can be used as a powerful tool to improve current education and learning management systems.
The long term aim remains onboarding educational institutions that will further enhance the UNIFINITY education system through the use of the and utilize the benefits of a blockchain integrated solution.
USED CASES & PROOF OF CONCEPTS
The use cases for the UNY offered to educational establishments vary greatly. UNY credits in the form of a digital asset token will serve as the token payment within the institution whilst also utilized as credit which can be spent through partnering merchants. UNY credits will be publicly listed and can be considered a tradable asset.
We are all aware students respond positively to performance rewarding schemes and as such we have embedded this ethos into Unifinity. UNY points is a point-based system on the Ethereum blockchain run through the use of smart contracts that aims to distribute rewards in the form of points to pupils. Students that excel will be awarded points to reflect the level of their efforts. There is an unlimited supply of UNY Points and a quarterly burn will be implemented.
Together UNY credits and UNY points with the addition of UNY Rewards to be introduced at a later date to make up the UNY Performance Rewards System.
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