SPRINGROLE PROTOCOL - A TRUST BASED PROTOCOL FOR BUILDING A CREDIBLE PROFESSIONAL PROFILE

ebakuglobal (26)in #springrole • 6 years ago

PREAMBLE

Let us begin with the predicament!

THE PREDICAMENT:
The predicament associated with the
Social Network And Professional Profile Building:

Social network has become the talk of the town as the adage goes as majority of individual together with organizations continue to use it to network, socialize, and pass a ccross information regarding their company and personal products to more audience globally

It's worthy of note that despite the value that the users of these social networks provide to the platform, they are not rewarded for making their platform known apart from the fact its usage that it is free of charge.
There are no financial motivations given to users who contribute valuable content to the platform even though majority of the social networks generate cash from advertisements and the meney gotten from the third party that use data.
Professional social networks like LinkedIn do not recognize the value-adding contribution of users even though it is home to millions of professional profiles of organizations, business executives, professionals, and other individuals.

Employers of labor find the LinkedIn platform attractive because it showcases the professional profiles of individuals which may fit their available job requirements. However, it has become common for candidates to provide falsified or incorrect information on their resumes just to have an impressive and intimidating profile. This is why companies perform background checks on potential employees to confirm the authenticity of the provided information. The process of doing this can be very vigorous, expensive, and also involve a lot of time. Current attestation systems are plagued with these c
Predicament which requires urgent attention by profiling a lasting solution.

The good news here is that, the blockchain technology can profile solution to this predicament permanently. When we talk about Blockchain, its is a decentralized public ledger where transactions or records are stored in a transparent, immutable, and secure way. Also, blockchain is a powerful solution to many issues in legacy enterprise technologies, and can be adopted to solve the problem inherent in the job recruiting industry.
The blockchain can be used to create a system for validating skills, educational qualifications, certifications, and so on which hiring managers can trust as reliable and also dependable.
WHAT ABOUT SRINGNETWORK?
The Spring Network is a blockchain-based system that is designed to help users to create a verified ready-to-share professional profile. It is imperatively an attestation system that depends on the powers of blockchain to increase employers’ confidence in the claims on job seekers’ resumes.
The Spring Platform will operate on Spring Chain, which has been launched successfully with over
100 transactions recorded on the chain. The platform will enable users to attest their educational qualifications, work experience, and skillset, and have verified claims added to the blockchain. Spring Network approaches attestation of users’ professional profile in a different way that exceeds existing or traditional solutions. At the core of the platform architecture is the attestation protocol.

SPRING ATTESTATION PROTOCOL
This is an attestation system which runs on the public ledger and reputation score system. The protocol is meant to be intuitive for attesting and verifying user claims, therefore the SpringRole team of developers have in mind to make it strong and scalable for transactions. The system enables verified attestors to authenticate user qualifications and skills.

When we talk about Attestors, there are categorized into individuals, companies, universities, course providers, and examination providers. They provide attestation based on specific skill set, work experience details, educational qualification and grade, and other courses such as provided by Udacity and Coursera. To guard against abuse and fraudulent activities on skill endorsements on the platform, Spring Network considers the weight of the endorser to score the endorsement and also requests a little fee to be paid by the endorser. Furthermore, only verified users will have continued access to the platform. That means, individuals and organizations that desire to use the Spring Network Platform must register and verify their identity.

ADVANTAGES OF SPRINGROLE PLATFORM

Firstly, It will help people to build a reliable professional profile which recruiters can believe in.
-Secondly, corporation or Companies will be able to access verified potential job applicants’ resumes without having to start the process all again.
-Thirdly, The process of recruiting will no longer be capital intensive and will also be faster compare to the traditional way.
Fourthly, all third parties, can access user resumes for an a very low fee on behalf of the employer.
On the fifth note, there is a passive income that comes by users taking part in different activities on the platform That is a great opportunity to earn Spring Token.

SPRING is the utility token that will enable all transactions on the platform. This is infers that all activities on the Spring Network will be facilitated by SPRING token. The tokens can be used by attestors to endorse skills of a user and also by third parties to access validated resumes that is, on behalf of employers. Members can obtain tokens through various activities also like referrals, rewards from endorsements (bounty), etc.

TOKEN DETAIL INFORMATION

Tokenomic

Token name: SPRING Token
Total supply of tokens: 10,000,000,000 SPRING
Total tokens available for sale: 2,550,000,000
Public Presale: 1st June 9 - 31st July (Bonus: 40%)
Minimum contribution: 2 ETH
Maximum contribution: 500 ETH
Price: 0.00002 ETH/SPRING

CONCLUSION:
Conclusively, SpringRole is introducing a a substitute that is better in comparison to the existing methods of attesting and verifying claims on resumes with its decentralized trust-based blockchain that enable people to have their profile information verified and recruiting companies can trust information of job applicants recorded on the SpringRole network.
This indeed is a great and promising platform and network to buy into early and on time.
For further enquiries and for your participation, you can contact the links below:

Ann Thread: https://bitcointalk.org/index.php?topic=3556999.0

Website:https://springrole.com

Telegram announcement: https://t.me/springrole_announcements

Whitepaper: https://docsend.com/view/k5nghff

Medium: https://blog.springrole.com

Twitter: https://twitter.com/SpringRoleinc

Bitcoin talk:https://bitcointalk.org/index.php?topic=3556999

Facebook:https://www.facebook.com/springrole/

Authorship: E. A Emmanuel

Author's Bitcointalk Username: @EbakuLtd

Author's Bitcointalk profile Url: https://bitcointalk.org/index.php?action=profile;u=2233995

Author's Eth Wallet: 0x2Bf593c3A15cDb423b2E829a522c5762d59f4Bb6