Friday, May 4, 2018

SKYLLZ REVIEW

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ABOUT SKYLLZ

Skyllz is the name of an open source and blockchain-based unified protocol created to assess and validate human skills. The idea is that this platform can be used for skill validation and tracking and boost talents across different applications.

The team that built Skyllz, a company called Workkola, started to work on this project in February 2015 and it is still working to make the platform always better today. Recently, the team decided to use the possibilities that only the blockchain technology is capable of providing.

The team behind the Skyllz platform is setting out to disrupt the traditional hiring practices with a more effective way to rate talent. The Skyllz Distributed Platform (SDP) is an open source, blockchain-based skills validation protocol.

As one of the project’s blog posts points out, Tesla and Google don’t care about degrees, they care about ability.

Users will have their skills evaluated by a community of anonymous raters with specific experience and skills. The SDP platform is underpinned by two elements: Proof-of-Skill and the SKT utility token.

The vision is for the network to operate as an ecosystem for companies that operate in the global EdTech and Online Recruitment industries worth an estimated $94 bn and $23 bn respectively, covering online course providers, recruitment platforms and networking sites.

HOW SKYLLZ WORKS

Skyllz work on the Skyllz Distributed Platform, which is an open sourced skill validation protocol. What will it be used for? To validate and empower skills, the company states. By using the Skyllz platform, the users be able to use Skills Touchpoints Applications like e-learning platforms, portfolios, etc and validate and allocate these skills on the platform.

The company uses the Ethereum blockchain as a way to store the skills of the users. This will help in having more freedom to use this information and empower them based on their talents. The protocol will help the users to manage these proofs of their skills on a single platform. The users will be able to use Skyllz tokens to help them to validate these skills.

The portfolios and skills of the users are displayed with the help of the blockchain and help in the validation of the process. The platform will also use decentralized raters to solve what smart contract cannot do and to see if there is any risk of fraud. The project is completely open sourced and its API is open to anybody who wants to use it.

One of the partners of Skyllz is Workkola, the company which designed this platform. Workkola is a platform that lets students showcase their talents and create their brands so they can get more job opportunities on the market. You can, for instance, transfer your portfolio and skillset on Workolla to Skyllz.

The integration between the two platforms is planned for the end of 2018, as well as the official launch of the Skyllz platform.

SKYLLZ FEATURES


PROOF OF SKILL
MERITOCRACY
FREEDOM
Skyllz standardizes and unifies the validation of every skill (professional or not) you acquire, apply or improve on the Ethereum Blockchain.
Skyllz is designed to empower people based on their exceptional abilities and talents.
Skyllz enables users to participate, transact, and automatically track their self-development freely across the applications on top of the protocol (the Skills Touchpoints Applications, STapps)


THE SKYLLZ VERDICT

Is this company a great investment for you? Yes, Skyllz can be an interesting option if you are looking for a promising company to invest in. The pre-sale has only just begun, so it can also be a good time to buy Skyllz tokens for the cheapest available price if you want to. This company can definitely be a good investment for you because there is a good chance that it might get you a good return on investment.

Also, the Workkola company is three years old, so it shows that this an experienced team which makes the chances of survival of this company considerably better. If you are also interested in using the platform, it can be even a better choice to invest in this company because you will be able to validate your portfolio and skills on Skyllz paying a lot less than you would if you did not invest.

Even if you do not invest in the current phase of the pre-sale, it can be a great idea to invest in the next phase of the pre-sale. The decision is up to you, so you have to read more about this company and evaluate if this can be a great investment for you or if you would rather invest in another company instead.



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1 comment:

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