Why Tutellus chose NEM over Ethereum? The factual reasons behind the migration
Tutellus, an EdTech company using blockchain technology, is the first online educational firm to introduce payment methods applicable for both students and lecturers for learning proofs and rewards for teaching success.
Tutellus has been using Ethereum since the beginning. However, the organization has chosen NEM over Ethereum due to limitations they have observed over a period of time.
Reasons why Tutellus migrated to NEM
- The efficiency of the number of transactions being generated is comparatively high in terms of transaction per second on a permissioned blockchain.
- NEM provides Tutellus the flexibility to build their own blockchain which is linked to NEM’s parent chain. This helps Tutellus to integrate its transactions within the newly created blockchain with no cost involved.
- Since both the platforms are API-based, their compatibility is very high when it comes to integration.
- Both NEM and Tutellus give higher priority to their users. NEM has got an algorithm called Proof-of-Importance [POI] that includes the reputation of its users. Whereas, Tutellus has got STUT tokens using which they understand the importance of the contribution of their students and teachers. These mechanisms have added much value to their governance.
Reference: The HODL Life
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