ScholarDao

ScholarDAO is a decentralized autonomous organization (DAO) built on the EDUChain network, designed to make student scholarships and grants more transparent, accessible, and secure.

1. Digitalizing and Decentralizing Scholarship Applications

Transparency: Blockchain ensures immutability and real-time tracking of applications, approvals, and disbursements.

Decentralization: Power is distributed across a decentralized network, enhancing security and preventing fraud.

Security & Anonymity: Multifactor authentication and zero-knowledge protocols protect sensitive data and maintain privacy by using  Anon Aadhaar technology

2. Multifactor Authentication for Document Verification

ZK Verification: Photo and video verification of applicant & documents, along with zero-knowledge proofs, ensures the authenticity of documents without revealing sensitive information.

3. Scholarship Tracking / Dashboards

- Student Dashboard: Students track application progress, receive notifications, and get updates on approval or fund release.

Government Officer Dashboard: Officers can verify, approve, or reject applications for an efficient process.

Financer Dashboard : Government official releasing scholarship grants to the apllicant

4. FUTURE SCOPE (Paid Model for Companies)

Subscription Tiers: Companies can pay for access to different features, such as a larger talent pool and enhanced analytics.

Recruitment & Analytics: Companies access demographic data, academic metrics, and scholarship interactions.

How does this helps - this helps companies by reducing their time in hiring new candidates by validating their background.

5. Enhanced User Experience

Real-Time Notifications: Students and companies receive updates via notifications.

User Interface: Smooth animations, creative design, and multi-language support enhance the user experience., just Keeping it Simply Stupid