UGM Adopts Blockchain for Student Payments & Credentials

Space and Time’s onchain student credential framework addresses two critical pain points in Indonesia’s education system through its implementation at Universitas Gadjah Mada. The first major innovation enables students to pay for courses using the SXT token, accelerating payment processing and allowing immediate access to learning materials. This represents a significant improvement over Indonesia’s legacy systems, where families often had to pay in cash and endure lengthy delays as payments moved from schools to universities before students could begin their studies.

The second transformative feature provides permanent onchain storage for all completed courses, creating an immutable and instantly verifiable record of student achievements. This capability allows authorized third parties, including employers and other educational institutions, to verify credentials with unprecedented efficiency and reliability. For UGM’s 60,000 students, this means their academic accomplishments become permanently accessible and trustworthy assets in their professional development.

Beyond the credential verification system, UGM has committed to deeper technological integration by implementing Space and Time’s Dreamspace platform for AI application development. The university is establishing an on-campus AI lab where students will create and deploy AI applications using SxT’s onchain AI generation capabilities. This strategic move aligns with UGM’s focus on preparing students for the evolving demands of the global technology landscape.

Dr. Danang Sri Hadmoko, Vice Rector for Partnership at UGM, emphasized the partnership’s significance: “We’re thrilled to partner with Space and Time and Indomobil to develop together the digitization of educational experience our students have at Universitas Gadjah Mada. By giving them the ability to build and deploy AI applications and prove what they’ve learned, Space and Time is helping us prepare our graduates to compete globally and lead in the next wave of technology.” This statement underscores the university’s commitment to leveraging blockchain and AI to enhance student outcomes.

The collaboration between Space and Time and Indomobil represents a strategic push toward digitizing Indonesia’s education sector. Indomobil, one of Indonesia’s largest public companies, brings substantial resources and local expertise to the partnership. Jusak Kertowidjojo, President Director of Indomobil Group, highlighted the company’s commitment: “We are committed to supporting national development, and education is at the heart of that mission.” This partnership demonstrates how corporate entities can play crucial roles in advancing educational technology infrastructure.

The intersection of blockchain and AI creates unique opportunities for educational institutions willing to embrace emerging technologies. As these twin technologies continue to permeate digital and fintech landscapes, graduates with practical experience in both domains gain significant competitive advantages. The UGM implementation serves as a model for how universities can leverage blockchain for administrative efficiency while simultaneously providing students with hands-on experience in cutting-edge technology development.

Students participating in UGM’s AI lab will not only enhance their technical skills but also benefit from the credential verification framework that permanently records their qualifications onchain. This dual approach ensures that graduates can both demonstrate their capabilities through verifiable credentials and showcase practical experience in developing AI applications that solve real-world problems and generate commercial value.