Blockchain community 5ire introduced on Saturday that it has collaborated with India’s technical and better training regulator AICTE to create the world’s greatest happiness blockchain named, YourOneLife (YOL) app on 5irechain. YOL goals to create a sustainable mannequin of happiness on the earth, in accordance with an official assertion.
By incorporating sustainability into India’s technical and better training regulation by way 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 Growth, the assertion learn additional.
Talking on the collaboration between YOL and 5ire, the Chairman of AICTE, Prof. Anil D Sahasrabudhe mentioned, “This not solely supplies an elevated studying alternative for over 7 million college students in India that AICTE governs, it provides every of those college students a possibility to mine and earn happiness NFTs on the YOL platform powered by 5ire.”
The mannequin for YOL primarily 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. Via the affiliation with fifth era blockchain community 5ire, the potential of the happiness mannequin was expanded right into a blockchain, for designing and creating a sustainable mannequin of happiness on the earth.
YOL is predicted to be out there on 5ire’s degree 1 blockchain, 5ireChain, and will probably be utilised for all tutorial actions by college students below the auspices of AICTE. It should additionally file, concern, and confirm the tutorial credentials for 8 million+ college students through 5ireChain.
The blockchain may even permit 5ire to coach a lot of college students below AICTE steering by offering a nicely designed curriculum and programs in fifth era blockchain expertise.
“Our mission at 5ire ecosystem is to assist tasks 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 can generate,” Gauri added.
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