What is Gyaan ?

Gyaan will be attempting to solve the challenges and hurdles faced by prospective borrowers and lenders by building a decentralized global platform Gyaan ecosystem, to provide easy and secure loans for educational and learning purposes without the need of the guarantor and third parties. And various other products and services to overcome financial challenges encountered during the education journey. Helping parents, students, and their families to help them plan, save and pay for education expenses at every step during their education journey.

Gyaan harnesses blockchain technology to bridge credit supply and demand across borders, creating a new ecosystem of decentralized lending and borrowing solutions for multiple stakeholders.It outperforms existing lending and borrowing solutions in many ways.

Gyaan allows lenders worldwide to reach the most attractive lending opportunities, no matter where they are. The platform enables any borrower around the world to request loan on their own terms against their alternative DeFi Credit Score generated and stored in “Gyaan Passport”. Educational certificates can also be pledged as collateral without the need of the guarantor and third parties.

Gyaan covers 3 Major Business Areas on the Blockchain

(3 Pillars for Web 3.0)

Digital Identify

A blockchain-based digital identity system provides a unified, interoperable, and tamper-proof infrastructure with key benefits to enterprises, users, and IoT management systems. The solution protects against theft and provides individuals greater sovereignty over their data. Pairing them with the DeFi protocols would give them easy access to the global economic system. Moreover, the new type of digitized identity would help the underprivileged access DeFi apps from anywhere on the internet.

Decentralized Finance (DeFi)

Decentralized finance—DeFi—refers to the shift from traditional, centralized financial systems to peer-to-peer finance enabled by decentralized technologies built on Ethereum. Millions are building and participating in this new economic system that is setting new standards for financial access, opportunity, and trust.

DAO - Decentralized Autonomous Organization

DAO is a decentralized autonomous organization, a type of bottom-up entity structure with no central authority. Members of a DAO own tokens of the DAO, and members can vote on initiatives for the entity. Smart contracts are implemented for the DAO, and the code governing the DAO's operations in publicly disclosed.

Gyaan Network, Gyaan Protocol and Gyaan DAO form the 3 core elements of the Gyaan ecosystem.

How is Gyaan going to do it?

Gyaan will be the world’s first Web 3.0 ecosystem which will be building complete solution which will cover 3 major business areas on the Blockchain.

It will be building Decentralized Credit Scoring System for Web 3.0 - Gyaan Credit Score System™, AI based smart DeFi protocol Gyaan DeFi Protocol and GyaanDAO in place to monitor and govern the ecosystem.