Educhain Signs MoU with MENA College of Management

Dubai, United Arab Emirates, November 12, 2017 --(PR.com)-- Educhain, a leading blockchain startup
in educational technology, and MENA College of Management (MCM) today announced that they have
signed a Memorandum of Understanding to implement a pilot of Educhain's blockchain credentialing
solution.

Educhain enables academic institutions to issue official digital academic credentials. Using blockchain
technology, Educhain is building an infrastructure of trust to facilitate seamless exchange and
authentication of digital credentials, and enable a comprehensive academic passport of student
achievement through all levels of education. The MoU was signed between Mark Balovnev, Chief
Executive Officer of Educhain, and Prof. Abdel Moneim M.B. Ahmed, President of MCM.

Mark Balovnev, CEO of Educhain, commented: In any exchange of traditional academic documents,
trust is the limiting factor. By leveraging blockchain technology to issue digital credentials that are easily
shareable for students and verifiable for recipients, the entire process is streamlined. We are excited to
work with such a forward-thinking institution as MCM to pilot the application of blockchain credentials."

Prof. Abdel Moneim M.B. Ahmed, President of MCM, stated, As an continuously innovative and
student-centric institution, we are looking forward to working with Educhain to empower our students
through digital credentialing and enhance their mobility in our increasingly globalized world.

Dr. Mohan Agarwal, Director of Continuing Education and Community Engagement, added, This
agreement is key to our digital innovation strategy and serves as the first step in adopting and delivering
revolutionary tools to Dubai and the surrounding region. In this regard, we are pleased to be an early
adopter and thought leader in this space.

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Contact Information:
EduChain Inc.
Mark Balovnev
+971 55 160 5623
Contact via Email
https://educhain.io

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/735965

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