Introduction
Hi dears, another interesting project is being started. First of all, for who missed previous entries, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
All this racket of crypto money has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of blockchain technology.
The Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all crypto montages, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
All this racket of crypto money has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of blockchain technology.
The Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all crypto montages, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
For this reason, the project I am going to present you is Code of Talent, a micro-learning platform driven by a blockchain technology that integrates employers, advertisers, sponsors and premium content providers to build a sustainable ecosystem and chip economy, while creating a micro-revolution in the educational landscape.
Presentation
Definition
Code of Talent (https://codeoftalent.io/) is the world’s first blockchain powered micro-learning platform, designed to ignite people’s motivation to learn by 10 min of daily learning sessions imparted by direct teacher interaction within groups of maximum 40 participants and with the possibility to earning rewards as they learn.
How it works
Code of Talent creates a micro-revolution in the education landscape that uses Ethereum's smart contract to incentivize taxpayers with tokens, based on a merit reward system validated by the community. It empowers educators to increase student motivation during the classroom, allowing anyone on the planet to join, contribute and learn. Through this new system, students, anywhere in the world, will be rewarded for their progress and achievements, while educators will receive chips based on the quality, interactivity and commitment of their microlearning content.
Whole Code of Talent system can be seen in the image below.
Goals
The main objective of Code of Talent is to create equal opportunities for everyone on the planet, by stimulating their motivation to learn and develop their skills and talents, because otherwise, they have no chance in tomorrow's world.
Benefits
The most important advantages that Code of Talent Platform brings are:- Gamified micro-learning engine
- Incentives based on merits for students and educators
- Direct interaction with the teacher
- Immutable proof of records for employers
- Integration with third parties: content premium, employers, advertisers and sponsors
Roadmap
Airdrop
The project gives the opportunity to earn Code of Talent(CODE) performing some social media tasks and doing simple steps from the bounty program explained to BountyHive. From here (https://bountyhive.io/browse/Code%20of%20Talent) you can access the link in order to see what are the conditions to become an early CODE contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://codeoftalent.io/assets/ICO_CoT_Whitepaper.pdf). You can also stay tuned in their official Telegram group (https://t.me/CodeofTalentchat). I hope you liked the post and soon I'll send you new ones.
Advisors
Extra details
Extra details
Author Details
Telegram username: @clauming
Bountyhive username: @atlethic
Bountyhive Referral link: bountyhive.io/r/atlethic
Bounty0x username: adriaparcerisas
Bitcointalk username: adriaparcerisas
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71
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