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EduChain Inc.

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Educhain Participating in Dubai Future Accelerators


Dubai, United Arab Emirates, November 09, 2017 --(PR.com)-- Educhain, a leading blockchain startup in educational technology, today announced that it is participating in the third cohort of the Dubai Future Accelerators program.

Dubai Future Accelerators was launched in 2016 by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the Chairman of Dubai Future Foundation, under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai. It is an intensive 9-week program designed to pair the world’s most exciting technology companies with Dubai government entities to jointly create transformational solutions, leveraging the city of Dubai as a testbed.

Educhain will collaborate with the Knowledge and Human Development Authority (KHDA), the educational quality assurance and regulatory authority of Dubai, to work towards its challenge to create self-regulating, future ready school communities to be among the best in the world by 2025. Educhain and the KHDA will work together to explore the potential of Educhain’s blockchain solutions to enable digital transformation in academic credentialing and attestation, in line with the Dubai Blockchain Strategy 2020.

Mark Balovnev, CEO of Educhain, commented: “We are honoured to have been selected for the Dubai Future Accelerators, the world's largest government-supported accelerator and a globally unique program for boldly developing disruptive solutions. The success of the program is a testament to the foresight and leadership of Dubai as an innovation hub, and we are very excited to collaborate with the KHDA and contribute towards shaping the future of education.”

Khalfan Belhoul, CEO of Dubai Future Accelerators, stated, “Dubai Future Accelerators serves as the intersection between cutting-edge technology startups and leading government organizations to design the future. We are pleased to have Educhain as part of our third cohort, and are looking forward to their work with the Knowledge and Human Development Authority to continuously improve the education sector in Dubai.”

Hind Al Mualla, Chief of Creativity, Happiness, & Innovation at the Knowledge and Human Development Authority (KHDA) said, “We are excited to work with Educhain and look at new ways of using technology to track changes in academic records. By enabling innovative ideas with real-life scenarios, we are able to collectively deliver better outcomes and create a future filled with new possibilities.”

About Educhain

Educhain enables institutions to issue official academic credentials, digitally. Using blockchain technology, Educhain is building an infrastructure of trust for academic institutions to both enable instant issuance and authentication of digital credentials, and enable a comprehensive “academic passport” of student achievement.

For information about Educhain, please visit www.educhain.io or email to hello@educhain.io.

About the Dubai Future Accelerators

Dubai Future Accelerators (DFA) is the largest government-supported accelerator globally, launched by Sheikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai, in line with the directives of His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. It is an intensive program that pairs top companies and cutting-edge entrepreneurs with powerful partners in Dubai to create breakthrough solutions. The program explores and develops the technologies of the future and employs them to resolve the challenges of the 21st century. It aims to create a global platform to attract the brightest minds from around the world to find creative solutions for the challenges of the future and implement them in the city of Dubai.

For information about Dubai Future Accelerators, please visit www.dubaifutureaccelerators.com.

Media inquiries may be directed by email to vera.futorjanski@dubaifuture.gov.ae.

About Knowledge and Human Development Authority

The Knowledge and Human Development Authority (KHDA) is responsible for the future growth, direction, and quality of education and learning in Dubai. KHDA aims to support the people of Dubai in achieving their potential from birth and through life’s journey, as it works toward achieving the goals set out in the Dubai National Agenda.

For more information or comments from KHDA, please contact: Muaz Shabandri by phone at +971 55 656 0325, or by email at muaz.shabandri@khda.gov.ae.
Contact Information
EduChain Inc.
Mark Balovnev
+971 55 160 5623
Contact
https://educhain.io

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