Scaling Cardano Adoption via K-12 Financial EdTech Platform

[Proposal setup] Proposal title

Please provide your proposal title

Scaling Cardano Adoption via K-12 Financial EdTech Platform

[Proposal Summary] Budget Information

Enter the amount of funding you are requesting in ADA

770000

[Proposal Summary] Time

Please specify how many months you expect your project to last

12

[Proposal Summary] Translation Information

Please indicate if your proposal has been auto-translated

No

Original Language

en

[Proposal Summary] Problem Statement

What is the problem you want to solve?

Our K-12 financial edtech platform handles millions of profiles and payments monthly, yet remains siloed, slow, opaque, and lacking trusted interoperability.

[Proposal Summary] Supporting Documentation

Supporting links

• https://ngoinhaxanh.net.vn/
,
• https://rar-ssc.vn/
,
• https://raredu.vn/

[Proposal Summary] Project Dependencies

Does your project have any dependencies on other organizations, technical or otherwise?

No

Describe any dependencies or write 'No dependencies'

No dependencies

[Proposal Summary] Project Open Source

Will your project's outputs be fully open source?

Yes

License and Additional Information

GPL: By open-sourcing our Cardano smart contract codes as a blueprint for global adoption, we aim to drive widespread K-12 integration and significantly increase transaction volume, strengthening the Cardano ecosystem.

[Theme Selection] Theme

Please choose the most relevant theme and tag related to the outcomes of your proposal

Financial Services

[Campaign Category] Category Questions

Describe your established collaborations.

Our platform is built on deep, established partnerships, providing immediate, national-scale infrastructure for Cardano.

📌 Government: Official partner of Vietnam's Ministry of Public Security for the national digital ID (VNeID) and Project 06. We are also partnered with the State Bank of Vietnam and the Dept. of Education, with 100% deployment in Ho Chi Minh City's public schools.  

📌 Financial Sector: Integrated with 40+ banks and Vietnam's 4 biggest e-wallets.  

📌 Education Sector: The trusted provider for 1,500+ schools, giving us direct access to our 6+ million user base.

Describe funding commitments.

Our commitment to this project is substantial and long-term, demonstrated by over a decade of self-funded investment before seeking any support from the Cardano community.

• Significant Self-Funding:
  • We have successfully operated and scaled this platform since 2012, investing millions USD of our own capital to build the technology, infrastructure, user base and partnerships that exist today.
• Strategic Use of Catalyst Funds:
  • Catalyst funding is not for starting our business, is a strategic co-investment to specifically build the Cardano as a single source of truth layer.

Describe your key performance metrics.

Our key performance metrics are tied directly to migrating our existing, scaled ecosystem onto Cardano. We will measure success by:

• User Adoption: **Onboarding our 6M+ user base (students, parent, teachers) **whose financial and educational activities will be conducted on Cardano.
• On-Chain Transaction Volume: The 0.5 million monthly on-chain activities recorded as immutable messages on the Cardano mainnet, driving real-world network utility.

[Your Project and Solution] Solution

Please describe your proposed solution and how it addresses the problem

📌 Who we are

Green House Joint Stock Company (est. 2012) has over 13 years of proven experience delivering national-scale, mission-critical education and financial platforms in partnership with the government. We are recognized as a Tier-1 provider of financial platforms for K–12 education. Since 2014, we have successfully developed and operated the SSC Tuition Management System, expanding it to cover 100% of public schools in Ho Chi Minh City and nationwide. The system integrates with over 40 banks and e-wallets, processing 0.5 million of transactions monthly.

We are an official technology partner of the Ministry of Public Security’s RAR Center under the Government’s Project 06, delivering secure authentication solutions (VNeID SSO) and integrating with national citizen and education databases. This demonstrates our capability to manage sensitive data, operate under strict regulatory compliance, and maintain high service availability for millions of users.

📌 Mission and Vision

🍀 Vision

To build Asia's most trusted and transparent educational ecosystem, where every financial transaction and academic credential for K-12 students is secured on the blockchain. We envision a future where a student's educational journey is seamless and borderless, empowered by a self-sovereign digital identity they control for life.

🍀 Mission

Our mission is to deploy the Cardano blockchain as a foundational messaging rail for the SSC K-12 financial platform. By creating a single source of truth for all educational & financial transactions, we eliminate operational friction, drastically reduce costs, and provide unparalleled transparency for schools, parents, and regulators. We will perfect this model in Vietnam, building a scalable and secure foundation to expand our trusted financial infrastructure to educational institutions across Asia.

📌 Project Overview

The K‑12 school finance ecosystem (SSC) with millions of users, multiple payment channels (banks, e-wallets, cash), a central financial platform, and school management systems (Educational softwares for school). The complexity today leads to fragmented data and manual reconciliation challenges.

🍀 The Core Pain Points ( The Problems)

The current system, while functional, suffers from massive inefficiencies due to its fragmented nature.

1. The Reconciliation Nightmare

• Problem: The SSC Platform (Block C) must manually or semi-manually match over 0.5 million monthly transactions from 40+ separate banks and e-wallets (Block B).
• Example: A parent pays via ZaloPay. ZaloPay's ledger is updated. The bank's ledger is updated. But SSC's central platform doesn't have a single, real-time source of truth. This process is slow, expensive, and prone to errors.

1. Lack of Real-Time Transparency

• Problem: Because of the reconciliation delay, schools (Block D) and parents (Block A) never have an instant, accurate view of payment statuses.
• Example: A school administrator checks their SSC dashboard and sees an invoice as "UNPAID" even though the parent paid an hour ago. This creates confusion, erodes trust, and increases support costs.

1. Data Integrity Risk

• Problem: All "Management Data" (student profiles, fee schedules, teacher records) is stored in a traditional, centralized database. This data can be altered without a clear, immutable audit trail.
• Example: A school adds a new, unapproved fee to a student's profile. Without an immutable ledger, it is difficult for regulators or parents to track and challenge this change effectively, contributing to issues of financial mismanagement.

🍀 The Solution ( The Fix)

We will implement Cardano as a non-disruptive trust layer on top of the existing infrastructure. The fiat money rail will remain unchanged to ensure regulatory compliance.

1. As a "Messaging & Audit Rail" for Transactional Data

• How it Works: When SSC (Block C) issues an invoice, it posts a message on Cardano: "Invoice #123" is UNPAID. When the FIAT payment is confirmed via any channel in Block (B), SSC's system acts as an Oracle and posts a second message: "Invoice #123" is PAID.
• Result: The reconciliation process is eliminated. All parties as SSC, schools, and regulators, look at the same immutable "bulletin board" for real-time transaction status.

1. As a "Single Source of Truth" for Management Data

• How it Works: Key events, like the creation of a student's official record, the issuance of an annual fee schedule, or the verification of a teacher's credentials, are recorded as metadata transactions on Cardano.
• Result: This creates a permanent, tamper-proof audit trail for all critical educational data, building unprecedented trust and accountability between the platform (C) and the schools (D).

[Your Project and Solution] Impact

Please define the positive impact your project will have on the wider Cardano community

This project is not a theoretical concept, it is a direct application of Cardano's core technology to solve a large-scale, real-world problem.

🍀 Mass Adoption & On-Chain Activity

This platform serves over 6 million users, with hundreds of thousands of new users annually. Each tuition and value-added services payment cycle generates millions of real-world, low-cost metadata transactions on the Cardano mainnet. This drives significant and sustained network activity and utility.

🍀 Premier RealFi Showcase

This is a flagship "Real-World Finance" (RealFi) use case. It demonstrates Cardano's ability to solve tangible business problems for large enterprises, moving beyond DeFi speculation and proving its value as critical infrastructure for a national-level industry.

🍀 Gateway to Digital Identity

The SSC platform already manages student, parent, teacher profiles and is integrated with Vietnam's national digital ID framework (VNeID). The next logical step is to leverage Atala PRISM to issue verifiable credentials (digital diplomas, academic records) to students. This creates a powerful ecosystem lock-in and serves as a massive-scale demonstration of Cardano's self-sovereign identity capabilities.

[Your Project and Solution] Capabilities & Feasibility

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

📌 Our Capability to Deliver with High Levels of Trust and Accountability

Our capability to deliver this project is not based on future promises but on a proven, decade-long track record of success in this exact domain. We are uniquely positioned to execute this integration for three core reasons:

🍀 1. Proven Track Record & Existing Scaled Infrastructure

We are not a startup, we are the established incumbent. The SSC platform is not an idea, but a fully operational, large-scale financial infrastructure developed and managed by our company, Green House, since 2012.

• Deep Domain Experience: We founded the SSC "School Smart Card" project in 2014, later upgraded it to the "School Services Center," and have been the sole operator for over a decade.
• Proven Scalability: We have successfully scaled the platform to 100% of public schools in Ho Chi Minh City, processing over 10 million transactions per month for more than 6 million users.
• Unmatched Trust with Government: Our success and reliability led to our selection by the Ministry of Public Security's RAR Center to co-develop the national digital transformation model for education under the government's critical Project 06. This includes our ongoing work integrating with the national digital ID, VNeID. This is the highest possible level of institutional trust.

🍀 2. World-Class Leadership Team

Our executive team is comprised of seasoned industry veterans with decades of relevant, high-level experience:

• Founder (Ngô Doãn Chính): 25+ years in industrial technology management with a degree from Ghent University, Belgium.
• CEO (Nguyễn Công Dự): A PhD in IT from KIST (South Korea) with 20+ years of experience, including serving as CEO for major media-tech company AVG.
• Deputy CEO (Âu Đức Mạnh): 16+ years as a senior expert in Digital Banking at major institutions like VPBank, Eximbank, and Seabank.
• CTO (Đặng Hoàng Tiến): 25+ years in software engineering with degrees from top technical universities in both Vietnam and Germany.
• Product Manager (Lê Minh Tuấn): PhD in Software Engineering (Sejong University, South Korea) with postdoctoral research at Politecnico di Torino (Italy). Over 20 years of experience, including leadership roles at Nokia Indochina, Microsoft, Vincom Retail, and MediaMonks Vietnam. Completed Cardano's CBCA Program. Two peer-reviewed international publications in the blockchain domain, published by Springer and Elsevier, and indexed in Scopus and Web of Science.

This leadership team has the precise blend of technical, financial, and large-scale project management expertise required to deliver this project flawlessly.

🍀 3. Deeply Integrated Partnerships

We have already done the hard work of building the ecosystem. We have established partnerships with over 1,500 schools, 40 banks (including Vietcombank, BIDV, VPBank), and all major e-wallets (MoMo, ZaloPay). Our Cardano integration leverages this existing network, it does not need to build it from scratch.

📌 How We Intend to Validate Feasibility

Our approach is designed to systematically de-risk the project and validate feasibility at every stage through a structured, milestone-based plan. This ensures that technical and market assumptions are proven before significant capital is deployed.

🍀 Phase 1: Technical Validation (Milestones 1 & 2):

We will first validate the core technical concept on the Cardano testnet. This involves creating a Proof of Concept (PoC) to prove that we can successfully represent invoice lifecycles as metadata transactions. This is a low-cost, low-risk step that confirms the fundamental technology works as designed.

🍀 Phase 2: Commercial & Operational Validation (Milestones 3 & 4):

Next, we will build a Minimum Viable Product (MVP) with an automated Oracle and deploy it in a live pilot with 5-10 trusted schools. This validates the end-to-end business logic, from FIAT payment confirmation to the on-chain update.

We will then expand to a Closed Beta with up to 100 schools, simultaneously conducting stress tests to ensure the system can handle the full transaction load of our entire network. This validates scalability and operational readiness.

🍀 Phase 3: Market Validation (Milestone 5):

Only after the technology, business logic, and scalability have been proven will we proceed to a full public launch. The ultimate validation is market adoption, which we will measure by our goal of onboarding systems representing 6 million users.

This phased approach ensures feasibility is not a single question, but a series of checkpoints that must be passed before proceeding, protecting investor capital and guaranteeing a viable end product.

📌 Our Process for Proper Fund Management

We are committed to the highest levels of accountability and transparency in managing project funds. Our process is built on two pillars:

🍀 Milestone-Based Funding:

Funds are not released as a lump sum. Capital is tied directly to the successful completion and verification of each milestone. Our detailed 12-month plan outlines the specific, measurable deliverables for each phase. We only request funding for the next milestone after providing concrete evidence that the previous one has been fully achieved. This is the core mechanism that ensures funds are used efficiently and for their intended purpose.

🍀 Transparent & Regular Reporting:

We will provide investors with a monthly progress report. This report will include:

• Progress Against Milestones: A clear status update on the deliverables for the current milestone.
• Financial Summary: A detailed breakdown of budget vs. actual expenditure.
• Key Performance Indicators (KPIs): Metrics such as transactions processed (on testnet and later mainnet), user feedback, and system uptime.
• Risk Assessment: An updated log of any potential risks and our mitigation strategies.

This combination of an unparalleled track record, a world-class team, a methodical validation plan, and a transparent, milestone-based funding structure provides the highest possible level of trust and accountability for the successful delivery of this project.

[Milestones] Project Milestones

Milestone Title

Architecture Design & Rapid Prototyping

Milestone Outputs

A compressed, high-intensity planning and validation phase. A senior architecture team will finalize the technical design while a parallel prototyping team builds a core functional slice on the Cardano testnet. This dual-track approach de-risks the project and validates key assumptions within the first 60 days, ensuring the aggressive timeline is achievable.

Acceptance Criteria

1. A comprehensive Technical Design Document is delivered and approved.
2. The Cardano transaction metadata schema for invoice status is finalized and published.
3. A functional prototype on the Cardano testnet demonstrates the successful creation and status update of an invoice via metadata transactions.

Evidence of Completion

1. Link to the final Technical Design Document (PDF).
2. Link to a public GitHub repository with the metadata schema.
3. A video walkthrough of the testnet prototype demonstrating the core on-chain logic.

Delivery Month

2

Cost

70000

Progress

10 %

Milestone Title

MVP Development with Automated Oracle

Milestone Outputs

This is the core development sprint. A full-stack development team will build the Minimum Viable Product (MVP), focusing on the critical "Payment Listener" and automated Oracle service. This service will monitor FIAT payment confirmations from SSC's existing systems and automatically trigger the corresponding status update on the Cardano blockchain, creating the crucial link between the off-chain FIAT world and the on-chain messaging rail.

Acceptance Criteria

1. The automated "Payment Listener" and Oracle service is deployed in a staging environment.
2. A successful FIAT payment confirmation automatically triggers an on-chain metadata update on the Cardano testnet within 5 minutes.
3. A basic administrative dashboard is created for SSC to monitor the real-time status of on-chain invoices.

Evidence of Completion

1. A live, recorded demonstration of the end-to-end automated flow.
2. Link to the code repository for the Oracle service.
3. Link to a staging version of the administrative dashboard.

Delivery Month

2

Cost

120000

Progress

40 %

Milestone Title

Internal Pilot & Scalability Stress Testing

Milestone Outputs

In this phase, we run two critical workstreams in parallel. The MVP will be deployed in a live internal pilot with 5-10 tech-forward schools to gather real-world feedback.

Simultaneously, a dedicated performance engineering team will conduct rigorous stress tests, simulating the entire network's load (10M+ transactions/month) to ensure the architecture is robust and scalable before a wider rollout.

Acceptance Criteria

1. At least 5 pilot schools successfully process one full monthly tuition collection cycle.
2. The system successfully processes a simulated load of 500,000 invoice updates within a 24-hour period.
3. A third-party security audit of the Oracle service and system architecture is completed.

Evidence of Completion

1. System logs confirming successful processing of live transactions from pilot schools.
2. Link to performance testing reports and the final security audit report.
3. Written feedback from the administrative staff of at least 3 pilot schools.

Delivery Month

2

Cost

180000

Progress

60 %

Milestone Title

Closed Beta Expansion & Pre-Launch Hardening

Milestone Outputs

Based on feedback and test results from the previous milestone, we will "harden" the system by patching vulnerabilities and optimizing performance. The platform will then be expanded to a "Closed Beta" group of up to 100 schools. This phase focuses on refining the user experience for school administrators, perfecting the onboarding process, and ensuring rock-solid stability before the public launch.

Acceptance Criteria

1. Onboarding of at least 100 schools into the Closed Beta program is completed.
2. The system maintains 99.9% uptime during the two-month beta period.
3. All critical and high-severity issues identified in the security audit are resolved.
4. Training materials and support documentation for school administrators are finalized.

Evidence of Completion

1. A list of the 100+ schools participating in the Closed Beta.
2. Uptime monitoring reports (e.g., from Grafana, Datadog).
3. Link to the public support portal with finalized training materials.

Delivery Month

2

Cost

100000

Milestone Title

Rollout & Mass User Onboarding

Milestone Outputs

This is the most critical phase, marking the official commercial launch on the Cardano mainnet with the primary goal of mass adoption. The increased budget supports an aggressive nationwide marketing, sales, and partner onboarding campaign. The objective is to onboard school systems representing 6 million students, effectively "migrating" their transaction data onto the Cardano ledger. This will establish a dominant market position and demonstrate the platform's value at an unprecedented scale.

Concurrently, our R&D team will integrate Hydra Heads for a specific, high-frequency use case (e.g., canteen micropayments) within a pilot school to future-proof the platform's scalability.

Acceptance Criteria

1. Successful onboarding of school systems representing a cumulative total of 6 million students and parents.
2. The system successfully processes and records over 5 million real-world tuition payment transactions on the Cardano mainnet per month.
3. A public-facing, read-only dashboard is launched, showcasing high-level, anonymized statistics of the national rollout.

Evidence of Completion

1. Official press release and links to the national marketing campaign materials.
2. Link to the live public statistics dashboard.
3. A verifiable report from the system database confirming the number of onboarded users and total mainnet transactions processed.

Delivery Month

3

Cost

180000

Progress

90 %

Milestone Title

Project Close-out Report & Video and Ecosystem expanding

Milestone Outputs

In the final month, we will focus on demonstrating future value and delivering a comprehensive project summary. We will build a Proof of Concept for integrating Cardano's decentralized identity solution, Atala PRISM, showing how payment history can become a Verifiable Credential. Concurrently, we will produce a final Project Close-out Report and a professional summary video for investors, detailing the journey, ROI, and strategic next steps.

Acceptance Criteria

1. A video demonstration of the Atala PRISM PoC is delivered.
2. A strategic whitepaper outlining the roadmap for full-scale digital identity integration is published.
3. A final Project Close-out Report is delivered, detailing milestones achieved, budget vs. actuals, and lessons learned.
4. A final Project Close-out Video (5-7 minutes) is produced for stakeholders.

Evidence of Completion

1. Link to the Atala PRISM PoC video.
2. Link to the published strategic whitepaper.
3. Link to the final Project Close-out Report (PDF).
4. Link to the final Project Close-out Video.

Delivery Month

1

Cost

50000

Progress

100 %

[Final Pitch] Budget & Costs

Please provide a cost breakdown of the proposed work and resources

📌 Total Request for the project is ₳770,000 ~ $616,000 (including 10% of contingency buffer for risk mitigation ₳1 = $0.8 as of Aug 12, 2025, according to CoinMarketCap).

This plan is designed to execute the accelerated 12-month, 700,000 ADA proposal. It provides investors with a clear and transparent view of how capital will be deployed to achieve our ambitious goals—including onboarding 6 million users, processing millions of on-chain activities per month, and establishing the Cardano-powered K–12 Financial Education platform as the market leader in Vietnam, with expansion toward broader Asia.

The structure is based on a detailed analysis of the operational flow diagram provided in solution section focusing on creating a "messaging rail" that acts as a single source of truth between the Payment Channels (B), the SSC Platform (C), and the Schools (D).

🍀 Guiding Principles

• Agile Methodology: We will operate in two-week sprints, allowing for flexibility, rapid iteration, and continuous delivery of value throughout the project lifecycle.
• Parallel Workstreams: To meet the aggressive 12-month timeline, key activities such as development, testing, and partner onboarding will be conducted in parallel.
• Security-First Approach: Security is paramount. Audits and best practices will be integrated from Milestone 1, not as an afterthought.
• Scalability by Design: The architecture will be designed from the outset to handle the transaction volume of the entire K-12 ecosystem in Vietnam, with future-proofing for solutions like Hydra.

📌 Part 1: Work Breakdown Structure (WBS)

This WBS breaks down each of the six milestones into granular, actionable work packages.

🍀 Milestone 1: Architecture Design & Rapid Prototyping (Months 1-2)

1.1 Project Initiation:

1.1.1 Finalize project charter and stakeholder registry.

1.1.2 Establish project governance and communication plan.

1.1.3 Assemble core architecture and prototyping teams.

1.2 System Analysis & Design:

1.2.1 Analyze existing SSC data flow (from block B to C in the diagram).

1.2.2 Define the Cardano transaction metadata schema for invoices.

1.2.3 Design the "Payment Listener" and Oracle architecture.

1.2.4 Produce the final Technical Design Document.

1.3 Prototyping:

1.3.1 Set up Cardano testnet development environment.

1.3.2 Develop and test a script to create/update invoice status via metadata.

1.3.3 Record and document the prototype demonstration.

🍀 Milestone 2: MVP Development with Automated Oracle (Months 3-4)

2.1 Backend Development:

2.1.1 Develop the "Payment Listener" service to monitor FIAT confirmations.

2.1.2 Build the core Oracle service to sign and submit Cardano transactions.

2.1.3 Develop APIs to connect the SSC platform to the Oracle service.

2.2 Frontend Development:

2.2.1 Design UI/UX for the internal administrative dashboard.

2.2.2 Develop the dashboard to display real-time on-chain invoice statuses.

2.3 Integration & Testing:

2.3.1 Integrate the Oracle service with the staging SSC platform.

2.3.2 Conduct unit and integration testing for all MVP components.

🍀 Milestone 3: Internal Pilot & Scalability Stress Testing (Months 5-6)

3.1 Pilot Program Management:

3.1.1 Recruit and onboard 5-10 pilot schools.

3.1.2 Provide training and support to pilot school administrators.

3.1.3 Monitor the live processing of one full payment cycle.

3.1.4 Collect and analyze user feedback for system refinement.

3.2 Performance Engineering:

3.2.1 Set up a dedicated performance testing environment.

3.2.2 Develop scripts to simulate a load of 500,000+ transactions.

3.2.3 Execute stress tests, identify bottlenecks, and produce optimization reports.

3.3 Security Audit:

3.3.1 Engage a third-party blockchain security firm.

3.3.2 Conduct a full audit of the Oracle service and system architecture.

🍀 Milestone 4: Closed Beta Expansion & Pre-Launch Hardening (Months 7-8)

4.1 Platform Refinement:

4.1.1 Remediate all critical/high-severity findings from the security audit.

4.1.2 Implement optimizations based on stress test results.

4.1.3 Refine the admin dashboard based on pilot feedback.

4.2 Beta Program Management:

4.2.1 Onboard up to 100 schools into the Closed Beta.

4.2.2 Monitor system stability and performance under increased load.

4.3 Go-to-Market Preparation:

4.3.1 Finalize training materials, FAQs, and video tutorials.

4.3.2 Develop the national marketing and communications plan.

🍀 Milestone 5: National Rollout & Mass User Onboarding (Months 9-11)

5.1 Mainnet Deployment:

5.1.1 Deploy the full production system on the Cardano mainnet.

5.1.2 Implement 24/7 monitoring and incident response protocols.

5.2 Sales & Onboarding Campaign:

5.2.1 Execute a nationwide sales and marketing campaign targeting school districts.

5.2.2 Deploy regional onboarding teams to train and support new schools (block D).

5.2.3 Track and report user acquisition metrics towards the 2 million user goal.

5.3 Public Relations:

5.3.1 Launch the public-facing statistics dashboard.

5.3.2 Issue press releases and engage with media to highlight the project's success.

🍀 Milestone 6: Ecosystem PoC & Project Close-out (Month 12)

6.1 Future Value Demonstration (Atala PRISM PoC):

6.1.1 Develop a PoC to issue a "Proof of Payment" Verifiable Credential.

6.1.2 Record a video demonstrating the DID/VC workflow.

6.1.3 Author and publish the strategic whitepaper on digital identity in education.

6.2 Project Closure:

6.2.1 Compile all project documentation and deliverables.

6.2.2 Prepare the final Project Close-out Report, including financial reconciliation.

6.2.3 Produce the final Project Close-out Video for investors and stakeholders.

📌 Part 2: Proposed Resources

This resource plan outlines the expert team and infrastructure required to execute the WBS within the 12-month timeframe.

A. Personnel (Blended Onshore/Offshore Team)

• Core Leadership (1 FTE):
• Project Lead (1): Overall responsibility for timeline, budget, and stakeholder communication.
• Architecture & Development Team (8 FTEs):
• Blockchain Architect (1): Leads the technical design of the on-chain components and Oracle.
• Senior Backend Engineers (2): Develop the Oracle, Payment Listener, and core APIs.
• Mid-Level Backend Engineer (1): Supports API development and integration.
• Senior Frontend Engineer (1): Leads development of the administrative and public dashboards.
• DevOps / Site Reliability Engineer (SRE) (1): Manages cloud infrastructure, CI/CD pipelines, mainnet deployment, and monitoring.
• Quality Assurance (QA) Engineers (2): Responsible for manual, automated, and performance testing.
• Go-to-Market & Operations Team (5 FTEs, scaling up for Milestone 5):
• Business Development / Onboarding Lead (1): Manages relationships with schools and leads the national rollout.
• Onboarding Specialists (3): Regional staff responsible for training and supporting schools during the mass onboarding phase.
• Marketing & Communications Manager (1): Executes the launch campaign and manages public relations.

Total Full-Time Equivalents (FTEs): 14

B. Non-Personnel Resources

• Cloud Infrastructure:
• Production and staging environments (e.g., AWS, Azure) for hosting databases, and dashboards.
• Software & Licensing:
• Project management tools (e.g., Jira), collaboration suites (e.g., Office 365), and monitoring software (e.g., Datadog).
• Third-Party Services.
• Blockchain Security Audit: A fixed-cost engagement with a reputable third-party firm.
• Cardano Transaction Fees: Budget for testnet and mainnet transaction costs.
• Marketing & Travel:
• Budget for the national launch campaign, content creation, and travel for the onboarding teams.

📌 Part 3: Budget Justification Summary

1. Proposed Rate Card & Resource Allocation
   1. To ensure transparency, the budget is based on the following proposed hourly rate card for the team required to deliver this project. The rates reflect a competitive, blended cost for a mix of world-class talent, in-house resources, local developers.
   2. Proposed rate & Roles: https://docs.google.com/spreadsheets/d/1rl2I17MJrEHpLEw2CzLPHaYLsdxy0j8KRf6OBHZMA58/edit?usp=sharing
2. This high-level breakdown illustrates how the requested funding aligns with the proposed milestones:

https://docs.google.com/spreadsheets/d/1vdOWWFF3lpENlZC3rmAjEKLWrxPc-zxSXjk3cuLqaMw/edit?usp=sharing

[Final Pitch] Value for Money

How does the cost of the project represent value for the Cardano ecosystem?

This investment is not funding a startup. It is a strategic acquisition of a national-scale K-12 financial ecosystem for the Cardano network.

🍀 Mass Adoption & Unprecedented On-Chain Utility

We are onboarding an existing, proven network of 6+ million users and their millions monthly transactions. This creates immediate, sustained, real-world demand for ADA to pay for transaction fees, driving fundamental network utility.

🍀 Flagship Enterprise Showcase

We are upgrading a market leader already trusted by the Vietnamese government (VNeID integration) and 40+ banks. This provides a world-class 'RealFi' case study that proves Cardano's enterprise readiness, attracting more high-value projects and institutional investment to the ecosystem.

In short, we are not building from zero. We are upgrading a proven national leader and onboarding its entire K-12 financial ecosystem, creating immense, immediate, and long-term value for every ADA holder.

📌 Summary

We plug Cardano into an existing, nation-scale K-12 education and financial data platform - without touching the regulated money rails.

• Hydra (L2) becomes the high-throughput messaging rail for payment and activity events
• Cardano L1 is the Single Source of Truth (SSoT) anchoring dataset proofs and credential status
• Atala PRISM binds identities (with VNeID integration).

📌 Result

• Millions of monthly on-chain activities with clear utility for ADA.
• Over six million verified students, parents, and teachers are being brought on-chain, with hundreds of thousands of new users added each year.

[Required Acknowledgements] Consent & Confirmation

Terms and Conditions:

Yes