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We are Decenture

Our mission is to build a fairer & more transparent ecosystem for students. To do that, we are using blockchain technology to bring all transactions onto one platform and revolutionising the way the higher education sector will interact in the future.

Let’s address the elephant in the room. Universities struggle for funding and student debt has ballooned to stratospheric levels. Governments need better systems to manage taxpayers’ funds distribution. This problem is a big deal.

Decenture uses blockchain technology to provide an efficient economic framework for the higher education ecosystem where everyone will contribute to curbing student debt through collaboration & social consciousness.

Product

Decenture is a closed ecosystem for Higher Education. It means different things to different people.

Students

Decenture is a mobile payment wallet. Students can use it to pay their university related expenses like tuition and fees but also on-campus purchases. It is free of charge. Students don’t have to pay any fees to make money transfers. Students can also earn StudentCoinTM in a variety of ways.

And to boost positive social impact, students can be rewarded with StudentCoinTM for their volunteering activities. They can in turn use StudentCoinTM to reduce their cost of living boosting the local economy in the process.

Universities

Decenture’s blockchain built solution is an accounting technology. It is primarily concerned with the transfer and tracking of financial assets and maintaining a ledger of accurate financial information. Decenture’s smart contracts enable automated and specialised accounting rules, and a variety of pre-programmed behaviours associated with StudentCoinTM.

Decenture integrates seamlessly with the university’s ERP to connect, correlate and analyse transactions that sit on the blockchain. It is fast, inviolable and inexpensive. Universities enjoy immense cost reduction of maintaining and reconciling ledgers, and providing absolute certainty over the ownership and history of transactions.

Government

44 million students owe $1.2 trillion in the USA alone. British students owe $130 billion. Decenture’s solution is adapted to governance of allocated funds to students thanks to robust Student digital ID system simplifying ‘Know Your Client’.  Why? Our solution cuts inefficiencies and waste of current systems. Currently,  transactions between parties lead to a sort of ‘multiple entry bookkeeping’, where each party does their own double-entry. The two sets of entries are equal in value in theory but in reality don’t always agree. Decenture alters this model by lowering the walls around each party’s internal accounting. It makes entries directly on the blockchain of the ecosystem. Transactions are recorded faithfully and identically by each party of the defined ecosystem.

Businesses

Decenture mobile wallet increases student to business footfall and saves local shops unnecessary transaction charges. It also provides the ability to directly transact with all members of the ecosystem.

University suppliers take advantage of new opportunities because smart contract code is written directly onto Decenture’s blockchain protocol. It is verifiable by the contracting parties ahead of time just like a traditional legal contract. When agreed, the smart contract will automatically execute its own terms. This means releasing a payment following a certain trigger which is welcome news for liquidity and cash management. Sales tax, VAT and other levied taxes are also logged immediately and recorded.

StudentCoinTM

Stable + Scalable + Private + Decentralised

Since the launch of Decenture, we have been working hard at hammering out the technical specifications necessary to empower a transparent ecosystem of students and universities aimed at decreasing costs on both sides.  We are working with industry experts and academia, and engaging with students themselves who we feel should have a say. Watch this space. Our White Paper will be published end of April and will address the token economics of StudentCoinTM.

Ecosystem

Students + Universities + Gov Funding+ Suppliers

Decenture’s ecosystem promotes socially good things happening in the community

Register interest for Decenture wallet here

Register

Leadership Team

Loubna Hadid
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David Irvine
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Dr Michael Zargham
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Dr Ben Sanders
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Team

Aryan
George
Emmanuel
Euclid
Franco
James
Rageeb
Maurice

Advisors

Dr David Birks
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Elizabeth Cooper
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    Laith Marmarchi
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Melissa Paredes
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News & Events

Decenture proudly encourages students to forge new paths that bring together creativity, innovation and critical thinking.

Decenture’s hackathons are more than just sporadic tech events. It’s being part of a growing community of like-minded people focused on solving business problems and finding the support network and contacts to do so.

Hackathons

10/11th March – in collaboration with Parsons School New York
Columbia University Blockchain Lab
and welcoming CUNY & Touro students

Competition Details

With support by technical collaborators The Stellar Development Foundation

Team GB versus Team USA
Hackathon

Competition Details

Hackathon TBC

As of right now we are looking at hosting events in the following locations: New York, London, San Francisco, Berlin, Toronto, Mumbai, Seoul and more to come!!

Research 

In partnership with University of Winchester

 

Whitepaper

Countdown to Whitepaper release
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How you can be involved in building a fairer ecosystem for Students?

BE A STUDENT PARTICIPANT

We want to hear from you. We run virtual and onsite hackathons. Work in a small team to solve a challenge of your choice together with Decenture. Your goal is to demo a deployable blockchain-based solution for the higher education.

Register Student

PROVIDE SPONSORSHIP
There are many ways to sponsor our hackathons, from providing a venue for our offline events to contributing to the prize pool for the winners.

Register Sponsor

UNIVERSITY MENTORSHIP
Support Decenture & student teams by sharing your university, technical, and subject matter expertise.  Learn about blockchain use cases and help our teams to deliver a better solution for the higher education ecosystem.

Register Mentor
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UK Office

Address:
Unit B7 Millbrook Close
Chandlers Ford
Hampshire
SO53 4BZ

Telephone: +44 (207) 096 1740
e-mail: info@decenture.com

US Office

Address:
150 BROADHOLLOW RD (STE 110)
MELVILLE,
NY 11747

Telephone: +1 (424) 231 2324
e-mail: info@decenture.com

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