What is Expercoin?
Expercoin is a product of the Harvard Innovation Lab. It defends the goal of creating a platform that will allow its users to launch their own markets and training communities that are decentralized and equipped with artificial intelligence. Markets are designated as republics. Publications are built on the interface and protocol level, which makes them flexible and autonomous.
How It Works?
Each Expercoin Republic will act like a quazi-state, and consist of a specialized learning community housed in an accessible, digital platform.
As with a state, a Republic is intended to be formed with a charter. A Republic’s charter is implemented to advance learning and create jobs relevant to the digital economy. For instance, there can be a “Republic of Smart Manufacturing,” “Republic of Nanotechnology,” “Republic of Blockchain in Finance,” “Republic of Augmented Reality,” “Republic of Cloud Computing,” etc.
The uniqueness of Expercoin?
- Safe
With blockchain technology, it excludes intermediaries from a transaction that prevents fraudulent transactions with individuals and transactions. Transactions will use the process of voting with a request for a deposit, in which anyone who sells on the platform will have to make tabs of Expercoin. Once the transaction is confirmed as genuine, the tokens will be returned. - Decentralized
The platform is decentralized, which means that no one person or group of people controls the platform. Owners of tokens can vote on issues related to future projects or the launching of republics. - Awards
Platform users can use tokens as incentives to facilitate participation in their republics. - Cross-border payments
This token will provide users with an automatic payment mechanism that will be quick and not costly compared to other payment methods. The transaction fees will also be lower. - Financial aid
Through the system of crediting peer-to-peer partners, people from disadvantaged families can receive education.
Goals
The platform aims to allow everyone to create specialized communities in which markets for training, evaluation, job opportunities and even mentoring programs will be created.
Mission and Vision
Harvard-incubated Experfy runs an AI-focused community of 30,000 data scientists to help Fortune 500s mentor and upskill their employees and also hire expert freelancers on-demand. Witnessing a growth in demand for its platform, Experfy seeks to exponentially expand the impact of its business vision. However, rather than add new specializations to its existing platform, Experfy plans on decentralizing its technology by and through Expercoin, Inc with the goal of allowing anyone to launch a new community with its own marketplace instantly. Expercoin consists of a protocol layer and front-end applications for users to build highly flexible autonomous organizations known as Republics. These new decentralized marketplaces empower communities and institutions with an out of the box solution that doesn’t require software development skills. A non-technical person or any organization can now launch a highly customized Republic and start generating revenue.
Anyone can launch a Republic. For instance, there can be a “Republic of Smart Manufacturing,” “Republic of Nanotechnology,” “Republic of Blockchain in Finance,” “Republic of Architectural Design,” “Republic of French Learning,” etc. Blockchain provides the backbone for the governance of Republics, while they are operationalized using smart contracts, open protocols, APIs, front-end libraries, learning content, and subject matter experts.
According to McKinsey, in countries around the world, 30 to 45 percent of the working-age population is unemployed, inactive in the workforce, or working only part-time. In the United States, the United Kingdom, Germany, Japan, India, Brazil, and China, this amounts to 850 million people.
Expercoin builds upon Experfy’s vision by using blockchain technology to address cracks in the traditional education-to-employment system.
Technological growth is outpacing the rate at which some institutions are adapting. Experfy addresses this problem with respect to education; its platform brings together learning experiences and work opportunities surrounding emerging technologies. Now, Expercoin seeks to scale its predecessor’s platform to alter the way we approach education and work with the goal of closing gaps in the traditional education-to-employment system.
Find out more, visit
Website: https://www.expercoin.com
Whitepaper: https://docsend.com/view/sckraue
Telegram: https://t.me/Expercoin
Published By: Hurricanecol
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1576406