Students would use Pai as payment for their studies. Pai will act as a stable educational credit, transferable into a tuition payment for educational providers. Students do not always have access to bank accounts or to credit cards, depending on the country they are from, their age, employment status etc. This is a major barrier to accessing education. Students can log on to our network via the web portal or our mobile app and validate transactions to receive rewards in Pai then use Pai for their studies. 1 Pai will always = 1 credit hour.
With Paideia students will not have to worry about transferring credits. There will be no need to hunt down transcripts to figure out which credits will transfer. Pai can transfer to any educational provider in seconds. As well, our credits never expire and can count towards educational courses years into the future.