Crypto Pacitan : Skyllz- An universal skills assessment platform

HALLO ALL, THIS TIME WILL EXPLAIN ABOUT SKYLLZ DEFINITION

Skyllz is a platform that is designed to essentially uses Proof of Skills to pay people for their work. It is a blockchain-based protocol meant to build a distributed, meritocratic, transparent and unified platform to assess, validate and empower any human positive skills being acquired, improved or applied across any applications.

Ecosystem

They already have a working platform where digitally-skilled students show their talent and they are provided by job opportunities for the same. The ecosystem also acts as a link between employees and companies where the platform serves as middlemen for the same. The Skyllz distribution platform rewards users using a system of points on the completing of certain tasks. They also have a community of Raters who are experts in certain areas, who are the sole deciding factor to evaluate if a particular skill has been acquired, applied or improved successfully. These raters will be incentivised with Skyllz Tokens.

The ecosystem has seven rules to regulate the platform’s functioning. The Meritocracy Rule, Distribution of Power, Unbiaseness, Inter-connected Impact, Transparency Rule, Positive Achievement and Game-changing rule.

Technology Overview

The Skyllz Distributed Platform (SDP) is a distributed and open-source skill validation protocol that enables users to measure and empower skills acquisition, allocation, contextualization and boosting freely within and across Skills Touch points Applications (STapps) such as e-learning platforms, networking etc to name a few. They have three layers installed in their platform, namely the application layer, Service layer and Blockchain layer.

Their backbone technology, called Proof-of-Skill, is non-tradeable and traceable, and stores their user attribute directly in the blockchain database. The Proof-of-Skill is constantly updated by the smart contracts using Ethereum technology .

Token

The Skyllz Tokens is denoted by the symbol SKT, and is a ERC-20 compliant token. The tokens serves the purpose of validating and certifying every positive skill of the user across the Workkola platform. The token has a fixed supply of units and are also used for the purpose of rewarding individual known as Raters. Raters are basically people who help decide if and how much of Proof-of-Skill should be presented for a particular task to the user.

The token sale is set to go live from February and March 2018 where the cost of 1 ETH will be valued at 40,000 SKT during this period. For more details, visit their website: https://skyllz.org/

Conclusion

Overall, the Skyllz platform is very promising as they are backed by Workkola. Their main ambition is to change the way in which talents get access to work and work gets access to talents. They are powered by blockchain technology which gives them the highest level of trust and transparency. In spite of the growing competition in the industry, Skyllz has emerged as a highly functional skills assessment platform.