SPRINGROLE: A NEW ERA OF VALIDATED DATA

in #springrole7 years ago (edited)

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INTRODUCTION



Information is power, the key to the past and the direction to the future is information. The evolution of the digital world however exposed humanity with amazing possibilities. Data mining became easier as a lot of social media platforms has made it a prerequisite for registration. Unknowingly, we have become a prime instrument of data collection. Being active in these social media platforms and powering the system with our information. The system can not survive without the users who update their profiles and act as traffic to the platform. However, these users are not rewarded for their data. Even more disheartening, the data is sold, used and resold without the permission of the users who own the data. Meanwhile, the non validated data mined through this process can be really dangerous as it has become really common to falsify information on resumes. Companies however go through the pain of running background checks and information verification which takes so much energy and time. This has caused a whole lot of issue during employee recruitment and has posed as a challenge in the public sector. For this to be resolved, all stakeholders should be put under consideration. The solution to the underlying challenges is Project Spring Foundation.

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WHAT IS PROJECT SPRING FOUNDATION?



The Project Spring Foundation is a project aimed at building a fresh network where data owners are rewarded fairly. The Spring Foundations proposes to consider all stakeholders by incentivising them fairly while validating their information. This makes it a whole lot easier for employers to make their recruiting decisions. The platform however intends to set up an attestation mechanism where information is validated without spending so much time and energy. Skills and other extra abilities are also validated through attestation. Authentication of academic qualifications are however attested by the institutions in question. Users and attesters are however rewarded with SPRING which is an acceptable token in the platform. The SPRING token can be used to pay for attestation and other services in the platform.

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ATTESTATION AND VALIDATION OF DATA
Attestation is the way Spring Foundation intends to very data provided by a user. When a user claims to possess a particular degree or skill, the provided information is validated through attestation. If James claims to be a graduate of Harvard University, the University authority is however solicited for attestation in order to confirm that James really went to Harvard. Also, when a user claims to be proficient in a particular software package, he has to solicit for attestation in order to validate his claim. This however makes information reliable and trust worthy to use.
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USE CASE OF ATTESTATION



James claims to be proficient in graphics design and photoshop. He wishes to validate his claim by soliciting for attestation for data verification.

James registers himself on the Spring Foundation platform.
He selects his skills as a photoshop user and graphic designer or inputs his skills manually if it is not enlisted yet.
James however enters Melissas details and requests for endorsement on graphic designs from Melissa (Melissa is an attester with high reputation in the system).
Melissa evaluates whether to accept the request for endorsement or not, and pays for the endorsement in tokens.
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THE SPRING TOKEN


The Spring Foundation intends to launch a token (SPRING) that will be used across the platform. The token will be used in rewarding users and paying for attestation and endorsement. Transactions that will happen in the platform will be triggered by the SPRING token. Freelancers are also given the opportunity to work on projects and earn rewards as intermediaries.

HOW CAN SPRINGROLE BE OF BENEFIT TO THE USER
Spring Role gives the user an edge over others in many ways. A job applicant with a validated resume stands a chance to be employed than someone with an unverified resume. Also, the platform creates a community where freelancers can enjoy the freedom of offering their services and getting rewarded in handling some projects. The Spring Role reward can however serve as an encouragement to users that utilise similar platforms without getting rewarded. Data owners however gets to have control over their data and to also earn for making their data available, this puts out the current centralised system where most social platforms sell the data of users without their permission or reward.


CONCLUSION



Information is vital, a wrong information can be misleading and can be dangerous on the long run. There has been tremendous data manipulation over the years with a lot of applicants falsifying their resume. This has given employees the stress of data verification which requires a lot of time and energy. SpringRole has aims to solve this issue of unverified data by powering a platform where data is attested and validated.


ICO INFORMATION


Startdate of the Tokensale: July 1st, 2018
Token Ticker: SPRING
Token Price: 1 SPRING = 0.00002 ETH
Token type: ERC20
Softcap: 1,000,000,000 USD
Hardcap: 12,000,000 USD
Total Tokens: 10,000,000,000
Available for Token Sale: 25.5% (2,550,000,000)
Whitelist: YES
Accepted currency: ETH
Originating country: USA

Distribution of tokens

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Funds distribution
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Team information
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Road map
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Media
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