- Idea Realization
- Patent Filing
Equate is an assessment & data monetization platform that leverages Blockchain technology, smart contracts and AI algorithms to decentralize assessments at the protocol and infrastructure level thereby, creating a secure and pervasive data ecosystem.
The word EQUATE is derived from the root word
aequat which in Latin means or in the sense refers to
make equal balance and that is our vision, to give equal and fair opportunity to every individual to learn an earn.
To help build a corruption free global Knowledge economy which is connected, trusted an resistant to censorship.
We dream of a future with Equate’s role in transitioning the world towards a data driven democracy for higher economic growth & freedom.
BrainChain is a technology start-up founded in 2018 in New Delhi offering Blockchain/DLT consultancy and cybersecurity solutions for enterprise use.
We take pride in being recongnized as one of the Top 50 Blockchain start-ups in india by NASSCOM. Our innovative Blockchain based solution
Equate for education quality control and digital mobility of students has helped us bag the prestious award at the House of Common, the UK during Global Education Summit 2018. We also take pride in being incubated by Nexus, a US Govt backed start-up incubator.
What makes stand-out from our competition is that we have been granted a national patent by the Govt of India title
System & Method For Securely Assessing Candidates Skills Using Distributed Ledger Technology
By leveraging the revolutionary distributed ledger systems - Blockchain, and the immutable nature of distributed smart contracts, the EQUATE Data quality control from the ground up in a highly network-efficient manner with minimun latency.
An open platform for any exam governing body to leverage the power of Blockchain to secure skill assessment process and educational records from forgery and impersonation.
Empowers organizations by providing them a secure and non-corruptible skill-ledger & educational credentials of the potential hires eliminating the possibility of fake certificates & Resume Fraud.
Equate’s state-of-the-art technology makes sure that the transaction initiated to any beneficiary gets successfully completed without any third-party intervention.
The shift toward distributed systems adds value, increases flexibility and reduces costs.
No comprosise on authenticity
Equate enable new channels of collaboration, information exchange, and learning at the distance.
A relible source of meaningful data provided by verified identities to create a market feedback system that is mutually beneficial to all parties involved.
Provides Market Research platform to conduct Surveys, Polls, Reviews & Ratings to securely collect accurate, valuable & insightful data.
Eliminates unauthorized data brokerage by providing users complete ownership over their data and getting paid for sharing it using our consensual data exchange protocol.
Empowers enterprises to engage with consumers based on their demographics, preferences and psychometrics helping them achieve higher ROIs at lower cost.
Create and trade Digital IP (Intellectual Property) Assets or earn royalties.
Opportunity to earn passive income from the DeFi Universe.
Authority to validate transaction & earn opportunities.
Transparent community driven governing mechanism.
1 BC = 2 $
36 000 000 BC
Below are some common frequently asked questions.
No, Equate is a technology solution that enables Learning Management Systems (LMSs)/ Skills assessment/ certification portals to secure its data and issue evidence-based tamper-proof certificates.
Yes, Equate can be integrated with existing portals via one-time API integration which takes around 7-15 working days.
Yes, Clause 23.2 of National Education Policy 2020 not only endorses but also advocates use of emerging disruptive technologies such as Blockchain to transform the education system. It further emphasizes "Our present education system's inability to cope with these rapid and disruptive changes places us individually and nationally at a perilous disadvantage in an increasingly competitive world."
Yes, The Russian Federal Service for Supervision in the Sphere of Education and Science, is implementing Blockchain technology in the Unified State Exam (USE), which is the only form of graduation examinations in schools and the main form of preliminary examinations in universities in Russia for bringing transparency in examinations.
Yes, there are multiple research reports on use of Blockchain/ DLT in education that talk about use of Blockchain in assessments. However, one research paper has been published in the International Journal of Engineering & Technology (IJET) by Christ University, Bangalore titled "Blockchain based examination system for effective evaluation and maintenance of examination records".
Equate uses Smart Contracts to monitor & control examination processes which are immutable and self-executing. This eliminates the possibilities of tampering of data stored on central databases centrally controlled by assessment service providers and gives exam governing bodies absolute control over the examination process.
Having a pre-verified candidature data/records on Blockchain can make a candidate stand-out from the crowd and also save employers/corporates a huge amount of time and cost incurred on background verification and therefore improve the chances of a candidate getting employment.
Equate is currently deployed on Ethereum Public Blockchain but is Blockchain agnostic meaning it is compatible with other public and private Blockchains.
Evidence-based certificates are digital certificates that are cryptographically linked to the processes executed before issuance of certificates such as identity verification, candidate registration, attendance, course completion, tests, results, transcripts, etc. Moreover, it also provides data analysis to provide valuable insights about candidate skills.
Certificates that are issued manually are prone to errors and data manipulations since it involves human intervention and discretion whereas, evidence-based certificates are issued via Smart Contracts only on successful compliance of processes required to issue the certificate.
Yes, Impersonation in high stake competitive examinations is a huge problem and there have been numerous reports that suggest that candidate data manipulation in the database and tampering of admit cards is two of the most common malpractice. By integrating Blockchain based identities for examinations, the challenge of candidate impersonation can be addressed.
Yes, recruiters can verify the candidate's credentials issued by the academic institution from Equate platform.
Equate secures & monitors candidate responses in real-time and thus can alert the exam governing body in case of unusual response time by using AI & ML algorithms. Equate focuses on detecting and preventing unethical practices by the assessment service providers & other intermediaries involved in the examination.
It is not possible for even BrainChain to modify or tamper the data as it is stored on Blockchain directly using Smart Contracts which cannot be modified/altered once deployed.
Yes, it can be implemented for offline examinations to control paper leaks and impersonation however, it will not be able to secure the end-to-end examination process.
Equate is based out from BVI.
More information on the team can be found on our website equateplatform.io
The token vesting duration for advisors will be upto 6 months, and upto 2 years for the team.
The TGE is on 15 March 2021 (Tentative).
Pre-sale participants received between
We do not currently want to express intentions to list our tokens on an exchange. As such, any tokens that you may see listed on an exchange are not supported by Equate.
Almost all of those who participated in the private presale were friends, family, and advisors who have supported us from Day One. We wanted to thank these parties and also keep incentives properly aligned so that they could feel properly invested in our success!
Yes we do.
Feel free to reach out to Madhur Prabhakar(Founder Equate) at [email protected]
Have any question? Write to us and we’ll get back to you shortly.