Lynked World – “Trust” and “Authenticity” of Digital Identities, Data and Documents
LW https://tokensale.lynked.world/ vision is to ensure that trustworthiness of our digital identities, data and documents is transformed from a question mark to a veritable asset, using blockchain technology, with aim to provide a fully functional ecosystem, with provisions for developing easy to use configurable forms, and entirely new applications deployable by any organization on need basis – providing relevant and tailored services for consumers focusing on a plethora of scenarios from daily life.
Consequently, this would reveal many new explorable avenues for services that can be offered using our stage. “Trust” is now a dependable friend on LW side, the veracity of LW digital persona being inherent and embedded in LW offering.
Problems and Opportunities related to Lynked World https://tokensale.lynked.world/:
- Many services cannot be availed digitally and require a person to be physically present due to lack of an immutable and verifiable digital identity and a platform where these services can be offered. Registration for different services still require paper documents to be exchanged and are not efficient and if these are cases where such services are rendered digitally, available platforms are not intelligent enough to identify an individual and assist in the application process. This requires an individual to repeat the same information repeatedly on multiple platforms. This is true in case of many government services as well, for example when applying and receiving birth certificates, residential certificates etc. The market potential of such services in each country would run into billions of dollars.
- Authenticity of digitally shared data and documents cannot be established easily. As a result, physical paper documents either in original or as copies still have to be shared in person or via post adding to the inconvenience and speed in which services can be availed.
- As per industry research, a large percentage of people exaggerate or misrepresent facts on their CV’s about their professional qualifications and experience. Corporates spend millions of dollars on recruitment annually, roughly 30% of which is spent on identity and background verification. Educational Institutions need to constantly verify credentials multiple times for the same person and occupation.
Lynked World https://tokensale.lynked.world/ ecosystem comprises of the following components in various stages of development:
- Digital Identity and Background Verification Platform
- Digital Wallet for sharing identity and documents that are verifiable on the blockchain
- Application Development Platform with easy to use configurable forms
- Verified and Trusted Professional Network
- Job Portal
Which all are very important for solution of above identified issues, and verified and trusted professional network will be analyzed further in this article. Following features shall be included in this network realization:
- A trustworthy professional network owing to the authenticity of the data and the digital profiles
- Get professional credentials/certifications/projects verified by the source authorities issuing those credentials
- Supports endorsement and recommendations for co-workers/colleagues
- Subscribe to interested job postings/companies for staying up-to-date on news and new openings
- Messaging within professional network
- Create Blogs, Posts and Surveys and get rewarded for your contributions
- Participate in discussions and polls and get rewarded for your participation
Bounty ANN: https://bitcointalk.org/index.php?topic=4990965.0
Author: https://bitcointalk.org/index.php?action=profile;u=1573369