According to Odaily, Open Campus has announced that it has received funding from the Arbitrum Foundation to build its forthcoming EDU Chain. The EDU Chain blockchain is reported to be the first third-layer (L3) blockchain specifically designed for education.
The funding from the Arbitrum Foundation will be instrumental in the development and launch of the EDU Chain. This innovative blockchain technology is set to revolutionize the education sector by providing a dedicated platform for educational transactions and interactions.
Further details about the funding or the specific features of the EDU Chain have not been disclosed yet. However, the announcement has sparked interest in the potential of blockchain technology in the education sector. The EDU Chain, being a third-layer blockchain, is expected to offer enhanced scalability and efficiency, making it a promising development in the field of educational technology.