Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] TrustLogics : Blockchain For Trusted And Secured Professional Data
by
tokeisou
on 24/06/2018, 02:32:47 UTC
I get the other money making parts like the verification part and referral part but how will the reputation building system work? Whta does the users need to do? Will they just need to write up regarding someone else's schools and training even though they don't know about it?
I think it might work like up vote or like or something like that, and it seems that each profile has some kind of percentage in it so those with high percentage have better profiles, sort of.
Will it be trustworthy then? If the school or training institution is really good, then there would be no problem building its reputation and building the reputation of the applicant. Is that how it works?
I'm not sure hot it really works but it probably means you just have to build the applicant's reputation and get paid by it, probably. Not sure how that could help an applicant since the application should speak for itself.
Hmmm, its a good question actually. They used to say all about security and privacy pattern but we do not understand how reputation building works. If it is percentage based giving it is not accurate and may be got the idea of percent on how the school was rated by the past reviews of the reviewers. For me as an suggestion make a picture verification for the platform to check if the paper is correct and check if it was legit.
It says algorithm stuff on the whitepaper, but what about the actual building of the reputation, how does that part work out? I'm not sure if it would become an effective hiring tool.
It's more of a tool for the applicant and not for the recruiter since it will be the applicant that would have to pay. The applicant has to pay for his information to be verified, then also if he wants to up his profile, this reputation building thing.
So for the employers, the only time they would pay is when there is a job opening and they do the peer to peer thing, that's quite incovenient for the applicant since he's looking for a job to earn money.
I'm wondering how it worked before, since the platform was already functional before and seemingly successful from before, did they have the same functions as paying for peer to peer hiring process, and also paying for information verification and also reputation building?
Maybe the only change they added here was implementing the payment system on blockchain. Maybe it worked the same way, that the Indian applicants pay fot their information to be verified and for their education and training to be built up.
Paying someone to build up reputation is really something I feel unnecessary, it's like saying that the application and qualifications itself is not enough for the person to get hired.
It said it worked there in their country so, it means that it was useful for them. The question is how useful was it? Did all of the applicants use these functions and pay for their application to build it up?