Fantom takes big step to restructure Pakistani education system with blockchain technology
One of the fastest growing blockchain solutions focused on smart contracts, Fantom has signed a partnership with the Pakistan Private Educational Institutions Regulatory Authority to launch a blockchain-based software pilot program.
Highlights of the partnership:
- Pakistan Private Education Regulatory Authority (PEIRA) and Fantom signed a Memorandum of Understanding to implement custom blockchain enterprise resource planning (ERP) software.
- After the conclusion of a successful trial, Fantom and PEIRA will explore the widespread implementation of Fantom solutions.
- The ERP / Database Management blockchain will allow real-time database audits and information monitoring.
The Fantom Foundation is pleased to announce that it has partnered with the Pakistan Private Educational Institutions Regulatory Authority (PEIRA) to begin work on a customized ERP / database management suite for students. product testing.
In accordance with the agreement signed on May 5, Fantom will upgrade PEIRA’s existing systems with a blockchain-based solution that enables database audits and real-time monitoring of changes to the system. The Fantom product will also feature a user interface designed to specification.
After successfully completing a pilot program, PEIRA and Fantom will explore the possibilities for widespread adoption of the software beyond the region of Islamabad, where PEIRA is primarily active. The two sides will further explore how local e-commerce initiatives could leverage Fantom’s extensive DeFi expertise to streamline their IT operations.
Following the launch of a blockchain development program with the Punjab Prisons Department, this agreement marks Fantom’s growing presence in Pakistan, where government agencies are moving quickly to capitalize on the benefits of blockchain-based technologies.
“We are delighted to support PEIRA in the important function they perform,” said Fantom Barek Sekandari COO, adding that: “Our ERP / CRM products bring transparency and accountability to complex database systems used by organizations. civic and governmental. We note that our solutions align with the general trend in Pakistan, encouraged by the government of Prime Minister Imran Khan, towards the adoption of new technologies to increase efficiency and oversight, and we look forward to helping more d organizations in this transformation.
Pakistan Private Educational Institutions Regulatory Authority (PEIRA)
PEIRA regulates all matters related to the operation of private educational institutions offering education up to grade 12 in the Islamabad area. In addition to certifying that schools maintain minimum educational standards and provide services commensurate with tuition fees, PEIRA promotes educational innovation through teacher education and training.