By the time ‘blockchain’ has been pronounced, the image that comes to mind for most people is that of trading cryptocurrencies. However, that is only a fraction of what blockchain is meant for; it is a technology that can lead to industry transformation, redefinition of transparency, and redefining even the learning process.
In Indonesia, the MBA ITB Alumni Association cares to bring this possibility into actuality. After successfully organizing the Cardano Constitutional Workshop at the Institut Teknologi Bandung (ITB), they are on to a new program that provides the enabling tool for a Tracer Study program on blockchain. This initiative is designed far beyond academic research; it is meant to connect education, technology, and the professional world, thereby allowing most alumni, students, and businesses to grow together in the Cardano ecosystem.
From Classrooms to Careers
The idea is simple yet powerful: map out alumni journeys from classrooms to real-world professions, and align those insights with curriculum development. But this is not just about collecting data. The tracer study will also serve as a benchmark for other universities in Indonesia, showing how blockchain can support education, governance, and community building.
Imagine a digital platform where alumni can reconnect, students can learn blockchain firsthand, and entrepreneurs can showcase their businesses all while participating in governance through Cardano. This is the ecosystem that MBA ITB Alumni Association envisions.
Innovation at the Core
Among the several features incorporated at the outset of the program are:
- NFT Membership: A digital identity for alumni and students that act as a gateway to blockchain literacy.
- Business Listing: A platform where alumni can register and promote their own businesses, hence facilitating networking and collaborations.
- Mini MBA Collaboration: Short leadership programs that merge academic credibility with blockchain-enabled revenue model.
All these add-ons provide a far more dynamic engagement environment where alumni participation goes beyond just networking to innovation and impact.
Building Sustainable Revenue
What is all the more sustainable about this program is that the Alumni Association is not just building a platform-it is creating an environment capable of generating what it calls “unstoppable revenue.” An ongoing project funding mechanism has thus been set, courtesy of NFT memberships, business listing fees, and governance proposal fees.
The numbers look good:
- With about 6,000 MBA ITB alumni and an actual projected participation of about thirty-three percent, net proceeds to the program could be more than 1,000,000 ADA.
- About 400 new graduates join the ecosystem annually, thus attracting more funds.
Why ITB is uniquely positioned
Established in 2003, the SBM ITB has proven to be among the business schools in the country by receiving much recognition since it has become internationally accredited by ABEST21 and AACSB and won several awards for being “the Best Business School in Indonesia.” With accolades as a business school, ITB has cemented its name in academic excellence.
More than that, ITB has something much more worthy: the strongest and most influential alumni network. Graduates hold leadership positions in the most important corporations and state-owned enterprises. Each of the classrooms in the MBA building is sponsored by businesses owned by alumni themselves. This fact alone speaks volumes of the depth of commitment and social capital that ITB possesses. With this potent combination of credibility, connections and community, ITB makes the best pioneer in the integration of blockchain in education.
Looking Ahead
The MBA ITB Alumni Association advocates that blockchain isn’t just a buzzword but a way to give practical strength to education, fortify the lives of entrepreneurs, and create sustainable networks. Given the foundation of ITB and the standing, strong alumni base, the potential has become one of Indonesia’s first movers, perhaps an entire pioneer for Asia.
With today’s visionary leaders and young innovators, Cardano has become something more than just a technology that is collaboration, courage, and a shared future beginning in Bandung and extending far beyond.