Work X – Tokenizing Your Skills

January 5, 2022

PRESS RELEASE. Zug, Switzerland, 5 Jan 2022: For a few years, getting a diploma from a college or different establishment was the one approach to show you possess particular expertise for a job. However, the query arises to what extent a diploma proves {that a} candidate is ready to carry out in a job. With the introduction of assessments and on-line growth programs based mostly on intensive scientific analysis, the means to measure and develop expertise are growing. This is a good innovation for each employers and workers. Employers can recruit extra exactly based mostly on the talents which might be required for his or her particular jobs in an unbiased means. Employees additionally tremendously profit from this as a result of they’ll discover a job that matches their skill-set and preferences. Also, everyone will get a good likelihood to get a job interview if private traits akin to age, cultural background, or gender are excluded from the matching course of.

Unlocking your digital expertise passport

Although assessments & growth programs are an incredible innovation, it additionally introduces a brand new drawback; a number of talent measurements and course certificates floating round in several on-line purposes. Ideally, individuals can import each credential to a private pockets that they’ll use throughout their total profession. Work X is utilizing Self-Sovereign Identity and private NFT’s that you would be able to earn and use on the Internet of Jobs to show you’re the greatest candidate for the job! Because you’re the sole proprietor of this information, you management with whom you share it.

Tokenizing your expertise & achievements

Work X identifies work credentials akin to diplomas, on-line certificates, references, peer opinions or evaluation outcomes as private achievements. These private achievements are linked to your digital id utilizing Self-Sovereign Identity, which capabilities as a token representing your self; your anchor in our on-line world. Instead of dropping the data associated to your efficiency after employment, the info is saved safely in your private pockets so it may be used to match with a brand new employer. This is each related for full-time workers who have a tendency to provide away all their information to an employer, as freelancers that solely generate opinions and star scores on gig platforms akin to Amazon Mechanical Turk or UpWork.

The private NFT’s which might be generated on Work X could be ‘booked’ as an alternative of purchased by employers who want a selected talent(set) for a job. People can showcase vital features of themselves in lots of conditions and supply their private NFT’s for all kinds of jobs on the Work X platform. Offer your providers to code a sensible contract, write an article or design a chunk of artwork with a single click on! You resolve which features particular goal audiences get to see and make your expertise matter by growing its relevance. The Work X platform facilitates all the things that’s wanted to allow collaboration (e.g., payrolling, opinions, matching, curation & communication).

To guarantee that the private NFT’s can be utilized in every single place, customers aren’t tied to the Work X platform to show the authenticity of their expertise. Work X will perform as an open platform the place individuals can use their NFT’s to instantly match with jobs.

“Daniel de Witte, CTO & Co-founder of Work X, describes that by introducing a generic commonplace, different initiatives may leverage this expertise to free their customers from typically contained silos. Because Work X can even supply immersive collaboration inside metaverse playgrounds, this generic commonplace allows true metaverse journey, not solely with tradable NFT’s but in addition with one thing far more private; your id. Being in a position to showcase and change between completely different units of relevant achievements, expertise, or expertise, for various conditions, individuals can rapidly alter themselves to no matter metaverse-world they wish to journey.”

Work X has lately efficiently raised $1.8M and is about to launch the following spherical of its non-public sale. Apply for the whitelist here and to be taught extra concerning the venture please go to:

Media Contact:

Rik Rapmund

Rik@workpi.com

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