The post Indonesian University Rolls Out On-chain Records At No Cost to Students appeared on BitcoinEthereumNews.com. In brief Indonesia’s Universitas Gadjah Mada will pilot verifiable digital credentials, beginning with English proficiency courses. Students receive digital wallets preloaded with tokens for paying tuition and course fees, with no added costs. The pilot rollout will cover 60,000 students and run alongside a separate AI lab initiative. Universitas Gadjah Mada (UGM), one of Indonesia’s oldest and largest public research universities, announced Tuesday that it will begin storing student course records on-chain by adopting Space and Time, a decentralized database platform. Students who complete courses will have their records written directly to the Space and Time network, creating an immutable credential they can share with employers or other schools. The education framework is intended to help provide “expanded, modernized education access to the unbanked” and give students “a way to prove their educational achievements to any institution or employer in the world,” Scott Dykstra, co-founder and CTO of Space and Time, told Decrypt. By onboarding students on-chain, Space and Time is hoping its database platform could help students overcome “intermediaries or traditional financial infrastructure” and “come out the other side with a traceable, verifiable record of what they’ve accomplished,” Dykstra said. UGM‘s rollout for its estimated 60,000 students begins with English proficiency courses as the initial use case for on-chain credentialing, with planned expansions to other courses. The university also announced a new on-campus AI lab using Dreamspace, a tool built on Space and Time, which will provide courses on building and deploying AI applications. The initiative was introduced following a partnership between Indomobil Group, one of Indonesia’s largest automotive conglomerates, and the Space and Time Foundation, which now oversees the decentralized database network originally developed by MakeInfinite Labs. Space and Time’s custom chain pulls data from multiple blockchains and distributes it across a validator network, where each query is backed… The post Indonesian University Rolls Out On-chain Records At No Cost to Students appeared on BitcoinEthereumNews.com. In brief Indonesia’s Universitas Gadjah Mada will pilot verifiable digital credentials, beginning with English proficiency courses. Students receive digital wallets preloaded with tokens for paying tuition and course fees, with no added costs. The pilot rollout will cover 60,000 students and run alongside a separate AI lab initiative. Universitas Gadjah Mada (UGM), one of Indonesia’s oldest and largest public research universities, announced Tuesday that it will begin storing student course records on-chain by adopting Space and Time, a decentralized database platform. Students who complete courses will have their records written directly to the Space and Time network, creating an immutable credential they can share with employers or other schools. The education framework is intended to help provide “expanded, modernized education access to the unbanked” and give students “a way to prove their educational achievements to any institution or employer in the world,” Scott Dykstra, co-founder and CTO of Space and Time, told Decrypt. By onboarding students on-chain, Space and Time is hoping its database platform could help students overcome “intermediaries or traditional financial infrastructure” and “come out the other side with a traceable, verifiable record of what they’ve accomplished,” Dykstra said. UGM‘s rollout for its estimated 60,000 students begins with English proficiency courses as the initial use case for on-chain credentialing, with planned expansions to other courses. The university also announced a new on-campus AI lab using Dreamspace, a tool built on Space and Time, which will provide courses on building and deploying AI applications. The initiative was introduced following a partnership between Indomobil Group, one of Indonesia’s largest automotive conglomerates, and the Space and Time Foundation, which now oversees the decentralized database network originally developed by MakeInfinite Labs. Space and Time’s custom chain pulls data from multiple blockchains and distributes it across a validator network, where each query is backed…

Indonesian University Rolls Out On-chain Records At No Cost to Students

3 min read

In brief

  • Indonesia’s Universitas Gadjah Mada will pilot verifiable digital credentials, beginning with English proficiency courses.
  • Students receive digital wallets preloaded with tokens for paying tuition and course fees, with no added costs.
  • The pilot rollout will cover 60,000 students and run alongside a separate AI lab initiative.

Universitas Gadjah Mada (UGM), one of Indonesia’s oldest and largest public research universities, announced Tuesday that it will begin storing student course records on-chain by adopting Space and Time, a decentralized database platform.

Students who complete courses will have their records written directly to the Space and Time network, creating an immutable credential they can share with employers or other schools.

The education framework is intended to help provide “expanded, modernized education access to the unbanked” and give students “a way to prove their educational achievements to any institution or employer in the world,” Scott Dykstra, co-founder and CTO of Space and Time, told Decrypt.

By onboarding students on-chain, Space and Time is hoping its database platform could help students overcome “intermediaries or traditional financial infrastructure” and “come out the other side with a traceable, verifiable record of what they’ve accomplished,” Dykstra said.

UGM‘s rollout for its estimated 60,000 students begins with English proficiency courses as the initial use case for on-chain credentialing, with planned expansions to other courses. The university also announced a new on-campus AI lab using Dreamspace, a tool built on Space and Time, which will provide courses on building and deploying AI applications.

The initiative was introduced following a partnership between Indomobil Group, one of Indonesia’s largest automotive conglomerates, and the Space and Time Foundation, which now oversees the decentralized database network originally developed by MakeInfinite Labs.

Space and Time’s custom chain pulls data from multiple blockchains and distributes it across a validator network, where each query is backed by cryptographic proofs, allowing applications to verify results without relying on a single data source.

Verifiable education

Speaking with Decrypt on Tuesday during the week leading to TOKEN2049 Singapore, a representative for the Space and Time Foundation explained the education program’s components.

The first centers on verifiable education. By placing course completions and diplomas on-chain, students avoid fragmented records across institutions and instead create a single, immutable record that employers or universities beyond the local can confirm.

The second component involves financial access through SXT, the native digital asset of Space and Time. Each student will receive a wallet preloaded with tokens to pay tuition and course fees directly, in a system the company says is designed to reach those without traditional bank accounts. Space and Time confirmed with Decrypt there will be no costs to students.

Still, some scholars caution that the promise of blockchain-based use cases in education comes with risks.

A 2025 ASEAN report on higher education mobility noted that digital credentials can support cross-border recognition of qualifications, but warned that gaps in digital readiness could worsen inequities for students and institutions with fewer resources.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source: https://decrypt.co/342137/indonesian-university-rolls-out-on-chain-records-at-no-cost-to-students

Market Opportunity
null Logo
null Price(null)
--
----
USD
null (null) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Galaxy Digital’s 2025 Loss: SOL Bear Market

Galaxy Digital’s 2025 Loss: SOL Bear Market

The post Galaxy Digital’s 2025 Loss: SOL Bear Market appeared on BitcoinEthereumNews.com. Galaxy Digital, a digital assets and artificial intelligence infrastructure
Share
BitcoinEthereumNews2026/02/04 09:49
Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference

Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference

The post Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference appeared on BitcoinEthereumNews.com. The suitcoiners are in town.  From a low-key, circular podium in the middle of a lavish New York City event hall, Strategy executive chairman Michael Saylor took the mic and opened the Bitcoin Treasuries Unconference event. He joked awkwardly about the orange ties, dresses, caps and other merch to the (mostly male) audience of who’s-who in the bitcoin treasury company world.  Once he got onto the regular beat, it was much of the same: calm and relaxed, speaking freely and with confidence, his keynote was heavy on the metaphors and larger historical stories. Treasury companies are like Rockefeller’s Standard Oil in its early years, Michael Saylor said: We’ve just discovered crude oil and now we’re making sense of the myriad ways in which we can use it — the automobile revolution and jet fuel is still well ahead of us.  Established, trillion-dollar companies not using AI because of “security concerns” make them slow and stupid — just like companies and individuals rejecting digital assets now make them poor and weak.  “I’d like to think that we understood our business five years ago; we didn’t.”  We went from a defensive investment into bitcoin, Saylor said, to opportunistic, to strategic, and finally transformational; “only then did we realize that we were different.” Michael Saylor: You Come Into My Financial History House?! Jokes aside, Michael Saylor is very welcome to the warm waters of our financial past. He acquitted himself honorably by invoking the British Consol — though mispronouncing it, and misdating it to the 1780s; Pelham’s consolidation of debts happened in the 1750s and perpetual government debt existed well before then — and comparing it to the gold standard and the future of bitcoin. He’s right that Strategy’s STRC product in many ways imitates the consols; irredeemable, perpetual debt, issued at par, with…
Share
BitcoinEthereumNews2025/09/18 02:12
HKMA Launches Fintech Blueprint with AI, DLT, Quantum and Cybersecurity Focus

HKMA Launches Fintech Blueprint with AI, DLT, Quantum and Cybersecurity Focus

The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and fintech development in the banking sector.
Share
Fintechnews2026/02/04 10:20