Indomobil Reimagines Education with Blockchain-Backed Academic Trust

Indomobil Group, a leading Indonesian conglomerate, has partnered with Space and Time to launch a blockchain-based education initiative targeting over 50,000 students nationwide. The program is designed to streamline tuition payments and credential verification by leveraging onchain data infrastructure, offering a scalable solution for education accessibility and financial transparency in a country where many remain unbanked. By utilizing the Space and Time blockchain, the initiative eliminates the need for traditional banking intermediaries, allowing students and parents to transact directly using the native SXT token [2].

At the heart of the initiative is the SXT Chain, a decentralized platform that records proof of course completion and transaction data in real time. This enables students to present verifiable academic records to future employers or educational institutions without the risk of forgery or fraud. The platform also ensures that each tuition payment is traceable and auditable, enhancing accountability across the education value chain. According to the project’s design, every step—from enrollment to graduation—is logged immutably on the blockchain, creating a transparent and tamper-proof educational record [2].

Tuition payments traditionally required in-person cash exchanges or reliance on third-party financial services. Indomobil’s new model allows for peer-to-peer transactions using the SXT token, which is used to facilitate staking, data processing, and access control on the Space and Time network. The token’s utility extends beyond payments, as it also supports data verification and incentivizes network contributors. This shift reduces transactional friction and financial barriers to education, particularly in rural and underserved areas [2].

Indomobil Group’s President Director, Jusak Kertowidjojo, emphasized the company’s long-term vision of supporting national development through infrastructure innovation. He noted that the collaboration with Space and Time and MakeInfinite Labs represents a step forward in building efficient, transparent, and verifiable systems for education and finance. The initiative not only benefits students and families but also reimagines how schools manage resources and student data [2].

Nate Holiday, co-founder of the Space and Time network, described the partnership as a milestone in modernizing education through blockchain. He highlighted the potential of decentralized systems to offer faster, more inclusive, and transparent alternatives to traditional infrastructure. In this model, data becomes a form of currency, with each transaction contributing to a trusted and verifiable network. By indexing all educational data, the platform provides students with an immutable academic history that supports long-term career and academic progression [2].

The project aligns with broader trends in blockchain-based education and financial inclusion, particularly in emerging markets. By removing intermediaries and securing data onchain, the initiative creates a scalable model that could serve as a blueprint for other regions facing similar challenges in access and trust. As the program expands, it has the potential to reshape how education and funding are managed, offering a more inclusive and efficient system for students and institutions alike [2].

Source:

[1] HTX to Open Trading for SXT (Space and Time) on September 4 (https://www.newsfilecorp.com/release/264935/HTX-to-Open-Trading-for-SXT-Space-and-Time-on-September-4)

[2] Indomobil rolls out blockchain-based education for tens of thousands of students in Indonesia (https://coincodex.com/article/72653/indomobil-rolls-out-blockchain-based-education/)