HIWAY: ERADICATING INEFFICIENCES OF EMPLOYMENT AGENCIES WITH THE USE OF BLOCKCHAIN TECHNOLOGY
PRELIMINARY
The world is faced with a high rate of unemployment, getting a first class degree, master's degree or doctorate degree does not ensure a good job and stable income. An employment agency can be termed as an agency whose job is to find people to fill jobs that are open or an agency who connects employers and employee.
INTRODUCING HIWAY NETWORK
The core purpose of creating HIWAY network is to connect employers and employee, this platform aims to abolish challenges faced by both parties with the use of the blockchain technology. HIWAY is the first employment network with matchmaking parameters AI (ARTIFICIAL INTELLIGENCE) anchored on professional expertise and testimonials. This platform will be accessible to everyone with skills undermining social background, age, academic background, ethnicity, gender, race etc. HIWAY aims to be available at all time, accessible to all works of life, affordable, transparent, easy to use, and secured.
CURRENT COMPLEXITIES VERSUS PROBLEM SOLUTIONS
LIQUIDITY & GLOBAL SCALABILITY: Today employment agencies face problems of high financial risk, agencies are financially responsible to guarantee salaries of workers are paid and workers have to wait for 30 days or more before receiving payment for jobs already completed and issuing out salaries with employees above 5000 can be time-consuming. Complexities of taxes, legal regulations and banking conditions for those working cross countries are major challenges they have to deal with. Using the blockchain technologies will curb the aforementioned challenges, a self-executable contract can be written to eradicate the issue of agencies having to do transfers of salaries one after the other. Payments can be made anywhere around the globe with digital assets (cryptocurrency) which can be locally converted into FIAT (government issued currency).
TRUST & DISCRIMINATION: Traditionally, candidates are screened and most times they end up getting rejected by employment agencies for no justifiable cause, they give all sort of lame excuses to hinder the progress of these candidates. Reasons for rejecting them might be race, gender, ethnicity, age, background amongst others. With the use of AI (ARTIFICIAL INTELLIGENCE) matchmaking employers will be able to see top-notch candidates that fit the description to get the work done, all candidates will be treated as equal hence eradicating discrimination and favoritism.
BENEFITS OF HIWAY
AI (ARTIFICIAL INTELLIGENCE) MATCH MAKING ENGINE: This engine will look for factors to decide if a particular job is suitable for any candidate on the database, ranging from expertise, education, rating, amongst other factors.
BECOME A RECRUITER: Payment is made by parties in need of recruiters, every user of HIWAY will have an opportunity to become an online headhunter.
24/7 LIVE SUPPORT: Customer care representative will always be available to help with challenges that users might face using the platform, questions will be attended to and probable solutions will be given.
SHARE PROGRESS: Working with different time zones and long distances can become a barrier with employer and employee relationship, HIWAY network has put in place tools to curb this challenge. Employer and employee can check up on each other with the use of live chat, video calls, text and in turn enjoy their collaboration.
TIME BONUSES: Bonuses will be given by employers who are in urgent need to get a particular job done in a short amount of time.
PORTFOLIO BUILDING: Users will have to link their social media accounts (especially LinkedIn) so recruiters can know their expertise, with just a click your personal portfolio on HIWAY will be viewable and in turn attract more audience.
FIAT CURRENCY: WAY is the fuel of HIWAY network, services rendered on the network will be paid by WAY tokens but FIAT (government issued currency) can also be used.
WAY TOKENS
WAY tokens will be used as a standard mode of payment for services rendered on the platform, all actions on the network will be carried out using it. WAY tokens holders are the most important part of the community without them it would be impossible for the platform to work efficiently, they will have the opportunity to cast their votes in an individual ballot in the future if more WAY tokens are to be released in the future. Users of WAY tokens will be able to create jobs with the tokens stored on the smart contract, however, those without WAY tokens who wants to use the platform will have to purchase some from exchanges but at a higher rate (15%)
TOKEN INFORMATION
NAME: HIWAY
TICKER: WAY
NETWORK: ERC-20 COMPATIBLE (ETHEREUM)
TOTAL SUPPLY: 100,000,000 WAY TOKENS
FUNDS ALLOCATION
LEGAAL & COMPLIANCE: 10%
OPERATIONAL COST: 25%
MARKETING & SALES: 25%
CORE PLATFORM DEVELOPMENT: 40%
TOKEN ALLOCATION
BOUNTY PROGRAM: 3%
TEAM ALLOCATION: 10% (LOCKED)
ADVISORY BOARD & PARTNERS: 10%
FUTURE DEVELOPMENT: 24% (LOCKED)
TOKEN SALE: 53%
ROADMAP
CONTACT INFORMATION
BOUNTYHIVE USERNAME: MICKIEZ