Meet Veritoken Global
Veritoken Global is one of the first companies to successfully utilize NFTs, taking the glorious technology made known by the illustrious cryptokitties into something tangible for businesses: verifying products, data, and assets.
Imagine a world where you can choose what information is public or hidden.
"NFTs can do everything cryptocurrency promises."
"2019 will be a year of firsts for cryptocurrency"
"Putting theories into practice and enabling blockchain technology"
"Blockchain allows us the ability to self-regulate"
"What we thought of as privacy 20 years ago no longer exists."
"We have no idea what services [on the internet] are going to do with your information"
Although in recent years the number of jobs filled
have increased overall, it has disproportionately
come from higher-skilled professions. With the
average job posting now receiving 240 resume
applications, it has become more difficult than
ever for candidates to stand out and for
employers to find and verify the right hire.
Aid for the Unbanked
Global access to banking has become a hot topic as of late, primarily around undocumented immigration and border protection. It's extremely difficult for governments to verify people's identities, citizenship status, passports, driver's licenses and visas in a timely manner because the process requires a substantial amount of time and effort, and bureaucracy.
The increased collective consumer desire to buy directly from other people has led to a burgeoning industry of counterfeits, as well as product mislabeling claiming foodstuffs of incorrect sourcing or origin, such as false claims of being "Organic!" The counterfeit goods industry is now a $461 billion industry that is growing by the day.
Business Development and Standards Development
Veritoken will introduce an ERC20 Token, which will be used as the form of payment between blockchain participants (e.g. candidates and recruiters). Our first phase of development will be working with our partners in the data provision side of the marketplace to better understand the economics around the service of providing data.
Semi-Federated Model, HR, Talent and Recruiting-focused
Develop a reference implementation for the HR, Talent and Recruiting industry. This proof-of-concept will require the development of blockchain-based underpinnings, as well as a traditional LAMP or MEAN stack style infrastructure for a website.
Maturation of the Technology
By Phase 3, we expect the blockchain ecosystem to have matured to the point where we can make the determination as to whether Veritoken will live on as an Ethereum-based blockchain or migrate to its own blockchain. Ultimately, it is the goal of Veritoken to operate on a single-tenant blockchain that is Proof-of-Stake and Turing Complete.