diff --git a/lib/ecto/ulid.ex b/lib/ecto/ulid.ex
index 42d2b07..19635f6 100644
--- a/lib/ecto/ulid.ex
+++ b/lib/ecto/ulid.ex
@@ -76,6 +76,18 @@ defmodule Ecto.ULID do
     <<timestamp::unsigned-size(48), :crypto.strong_rand_bytes(10)::binary>>
   end
 
+  @doc """
+  Dictates how the type should be treated inside embeds.
+  By default, the type is sent as itself. Instead of sending it as 26 bytes,
+  it's being dumped to a string representation which is more useful in embeded schemas.
+  """
+  def embed_as(_), do: :dump
+
+  @doc """
+  Checks if two terms are equal.
+  """
+  def equal?(term1, term2), do: term1 == term2
+
   defp encode(<< b1::3,  b2::5,  b3::5,  b4::5,  b5::5,  b6::5,  b7::5,  b8::5,  b9::5, b10::5, b11::5, b12::5, b13::5,
                 b14::5, b15::5, b16::5, b17::5, b18::5, b19::5, b20::5, b21::5, b22::5, b23::5, b24::5, b25::5, b26::5>>) do
     <<e(b1), e(b2), e(b3), e(b4), e(b5), e(b6), e(b7), e(b8), e(b9), e(b10), e(b11), e(b12), e(b13),
diff --git a/test/ecto/ulid_test.exs b/test/ecto/ulid_test.exs
index c9ae9d8..0186752 100644
--- a/test/ecto/ulid_test.exs
+++ b/test/ecto/ulid_test.exs
@@ -135,4 +135,43 @@ defmodule Ecto.ULIDTest do
   test "load/1 returns error when data is too long" do
     assert Ecto.ULID.load(<<0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0>>) == :error
   end
+
+  test "embed_as/1 returns :dump" do
+    ulid = Ecto.ULID.bingenerate()
+    assert Ecto.ULID.embed_as(ulid) == :dump
+  end
+
+  test "embedded_dump dumps ULID as binary from schema" do
+    ulid = Ecto.ULID.generate()
+    {:ok, decoded} = Ecto.ULID.dump(ulid)
+    assert Ecto.Type.embedded_dump(Ecto.ULID, ulid, :any_format) == {:ok, decoded}
+  end
+
+  test "embedded_load loads ULID as string to embeded schema" do
+    ulid = Ecto.ULID.bingenerate()
+    {:ok, encoded} = Ecto.ULID.load(ulid)
+    assert Ecto.Type.embedded_load(Ecto.ULID, ulid, :any_format) == {:ok, encoded}
+  end
+
+  test "equal?/1 compares correctly two equal string ULIDs" do
+    ulid = Ecto.ULID.generate()
+    assert Ecto.ULID.equal?(ulid, ulid) == true
+  end
+
+  test "equal?/1 compares correctly two different string ULIDs" do
+    ulid1 = Ecto.ULID.generate()
+    ulid2 = Ecto.ULID.generate()
+    assert Ecto.ULID.equal?(ulid1, ulid2) == false
+  end
+
+  test "equal?/1 compares correctly two equal binary ULIDs" do
+    ulid = Ecto.ULID.bingenerate()
+    assert Ecto.ULID.equal?(ulid, ulid) == true
+  end
+
+  test "equal?/1 compares correctly two different binary ULIDs" do
+    ulid1 = Ecto.ULID.bingenerate()
+    ulid2 = Ecto.ULID.bingenerate()
+    assert Ecto.ULID.equal?(ulid1, ulid2) == false
+  end
 end