Blockchain community 5ire introduced on Saturday that it has collaborated with India’s technical and better schooling regulator AICTE to create the world’s largest happiness blockchain named, YourOneLife (YOL) app on 5irechain. YOL goals to create a sustainable mannequin of happiness on this planet, in keeping with an official assertion.
By incorporating sustainability into India’s technical and better schooling regulation by means of YourOneLife (YOL), AICTE has engaged a central tenet of the for-benefits financial system and its mission to speed up the United Nations 2030 Agenda for Sustainable Improvement, the assertion learn additional.
Talking on the collaboration between YOL and 5ire, the Chairman of AICTE, Prof. Anil D Sahasrabudhe mentioned, “This not solely offers an elevated studying alternative for over 7 million college students in India that AICTE governs, it provides every of those college students a chance to mine and earn happiness NFTs on the YOL platform powered by 5ire.”
The mannequin for YOL basically has three key options: 1. Assessing the Happiness Index of a person and an establishment 2. Assessing the mindshare of a person or an establishment 3. Setting the thoughts map of a person or an establishment.
A brainchild of Yogesh Kochhar and Anoop Bansal, related to the AICTE, YOL was initially created as an app. By the affiliation with fifth era blockchain community 5ire, the potential of the happiness mannequin was expanded right into a blockchain, for designing and growing a sustainable mannequin of happiness on this planet.
YOL is predicted to be obtainable on 5ire’s stage 1 blockchain, 5ireChain, and might be utilised for all educational actions by college students beneath the auspices of AICTE. It’s going to additionally report, subject, and confirm the educational credentials for 8 million+ college students by way of 5ireChain.
The blockchain will even enable 5ire to coach numerous college students beneath AICTE steering by offering a effectively designed curriculum and programs in fifth era blockchain know-how.
“Our mission at 5ire ecosystem is to assist initiatives that deal with the a number of sides of sustainability and embed the for-benefit paradigm on the coronary heart of blockchain. YOL is certainly in that group and we’re thrilled to have partnered with AICTE.,” mentioned Pratik Gauri, the CEO, and co-founder of 5ire.
“Each Yogesh and Anoop are insightful technologists which have studied the deep connection between happiness and sustainability, and we wholeheartedly agree with their findings, and are enthusiastic about YOL and the impression it’s going to generate,” Gauri added.
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