Indonesia is taking a bold step toward modernizing education access by using blockchain to deliver verifiable credentials and crypto-based payments to thousands of unbanked students.
Key Takeaways
- Indomobil Group and Space and Time have partnered to launch a blockchain-based education and payments platform for over 50,000 Indonesian students.
- Universitas Gadjah Mada will issue onchain course records and provide students with preloaded crypto wallets to cover tuition fees.
- The initiative targets unbanked communities by removing cash-based intermediaries and providing verifiable, tamper-proof academic credentials.
- Students gain access to a transparent, globally accessible education system, improving their employment and academic opportunities.
What Happened?
Indomobil Group, a major Indonesian conglomerate, has teamed up with blockchain data platform Space and Time to launch a nationwide program to modernize education and financial access for underserved students. The initiative will reach more than 50,000 students, replacing traditional cash payments with crypto-based tuition systems and issuing digital academic credentials that are stored on an unalterable blockchain.
📣 NEWS: The first cohort of students has been onboarded to Space and Time through our verifiable education initiative with Indomobil.
— Space and Time (@spaceandtime) December 9, 2025
As a result, metrics are up across the network:
→ 30k+ network participants
→ 130M+ transactions
→ 1.2M+ SXT network fees
Accelerate. pic.twitter.com/AxtPmUcQeH
A Digital Leap for Education and Financial Inclusion
The partnership between Indomobil Group and Space and Time is transforming how Indonesian students access and prove their education. The new system replaces a fragmented, cash-dependent tuition process with direct blockchain-based transactions using SXT, the native token of the Space and Time network.
Parents and students can now use SXT tokens to pay local schools directly. This eliminates the need for banks or middlemen and creates a clear, tamper-proof record of payments. These transactions are stored on the SXT Chain, making every payment transparent and independently verifiable.
Jusak Kertowidjojo, president director of Indomobil Group, highlighted the broader purpose of the project:
University Takes Credentials Onchain
Indonesia’s prestigious Universitas Gadjah Mada (UGM) has joined the effort by launching a pilot program to issue verifiable course completions onchain, starting with English proficiency programs. Over 60,000 students will participate, receiving digital wallets preloaded with SXT tokens to pay tuition and course fees at no cost.
The system enables students to create an immutable digital record of their academic achievements, which they can share with employers or universities worldwide. It solves a major pain point: the difficulty of verifying paper-based degrees and certificates that can be lost or forged.
Scott Dykstra, co-founder and CTO of Space and Time, noted that the system is designed to help students “come out the other side with a traceable, verifiable record of what they’ve accomplished.”
Behind the Blockchain: How It Works?
At the heart of the program is Space and Time’s decentralized database and Proof of SQL technology, which allows institutions and employers to verify academic and financial data cryptographically. This ensures all data is tamper-proof, transparent, and available on demand.
Every tuition payment, course completion, and certificate is logged into the blockchain as a transaction. Each block links securely to the previous one, creating a permanent and transparent ledger that anyone can audit.
Nate Holiday, co-founder of the Space and Time network, explained the philosophy driving the platform:
National Development and Global Vision
This initiative is being framed as part of Indonesia’s long-term infrastructure development, aiming to uplift unbanked communities while preparing students for a more digital and competitive global economy. Many learners pair these blockchain-verified records with industry certifications to stand out to employers, using exam-prep resources like Cert Library to prepare for credentials such as the Microsoft Azure Security Engineer (AZ-500) exam. Indomobil’s involvement signals growing interest from traditional industries in blockchain solutions beyond finance.
While UGM also announced a new on-campus AI lab powered by Dreamspace, the broader blockchain effort shows how the country is aligning digital education, verifiable identity, and financial access into one powerful model.
CoinLaw’s Takeaway
In my experience watching crypto adoption around the world, this is one of the most grounded and meaningful use cases I’ve seen. Instead of riding the hype of blockchain, this project cuts right to the heart of two real problems: how to pay for school when you don’t have a bank account, and how to prove your education when your certificate gets lost in a drawer.
What makes this different is that it’s not just about tech. It’s about trust. It gives students a way to carry their education with them wherever they go and build real opportunity from it. If this model works in Indonesia, I can see it being adapted in many other countries facing similar challenges. It’s bold, ambitious, and very necessary.
