This project developed a decentralised platform to Verify Employers and Employees through NFTs

We have built an NFT Employee Badge to verify an Employee:

This NFT will hold the details of the Job Description and will be held by the incumbent already in the role or the new hire who has just arrived. It is immutable and will always and only belong to the candidate.

We have built an NFT Employer Badge to verify an Employer:

This NFT will hold the details of the Employer and will be held by employees of the company and used to verify that they represent the Employer

These NFTs will be irrefutable proof that:

  1. Someone has a specific role and specific job requirements at a company, and
  2. A person represents a verified and vetted company. These NFTs will be the badges that will allow for verification in all online (and offline) meetings and engagements.

Our Solution

Our Solution is built as an open token specification. On top of these, there are an endless number of commercial applications that can leverage these fundamental building blocks Some non-exhaustive examples:
  • Automating access to Events and conferences using Employee NFTs to verify employees in the Metaverse
  • Physical Building access control
  • Digital CVs for employees made up of accrued Employee Badges
  • Verification of Employment for Financial Applications (eg Proof of Employment for a loan application)
  • Smart contracts to handle recruitment payments, signing bonuses and more
  • Employer Referrer letters from previous / current roles built into Employee Badges
  • Corporate subscriptions using Employee NFTs
  • +many more
We believe it is critically important that we both have a protocol and a powerful use case to build traction with users. For our use case, we are focusing on a core competency that we as Ringier have: building and optimizing Job Classifieds. We can leverage the NFT badges to build a way to use blockchain technology to fundamentally streamline and improve recruitment processes. This is our first application we will build and focus on, with others planned for future release.

This project will deliver two important components of this protocol ecosystem:

1. A way to digitally verify authenticity of Employers and Employees at any company

We have built a protocol on the Ethereum network that will allow companies to verify their employees by minting an (NFT) Employee Badge that an employee can use to verify their Job Role both in the Metaverse and for real world applications.
This protocol is accessible to all parties.
  • Any employer (or 3rd party application) is able to access the protocol and create an (NFT) Employer Badge
  • This Employer Badge will sit in the wallet(s) of designated employer representatives and will be a mandatory requirement to create Employee Badges
  • Any employer (or 3rd party application) with an Employer Badge is able to access the protocol and create (NFT) Employee Badges for their staff that are minted directly into each staff members’ wallet
  • Our Team will build a centralised Employer Management Portal (EMP) that our team own and operate that will be the single point at which KYC of an Employer can take place
    • This KYC process is the only way to update the Status of an Employer badge
      • Statuses are by default Not Verified
      • Depending on the stage of KYC they will be updated to Partially Verified or Fully Verified
  The building of the EMP is a critical part of protocol in that it ensures KYC transparency and it provides a clear status on every Badge to verify authenticity of the Badge. Employers and Employees can use these badges (especially when verified through KYC) to perform many interesting applications, such as:
  • Events and conferences using Employee NFTs to verify employees in the Metaverse
  • Building access control
  • Verification of Employment
  • Non Fungibility of Roles at Employers, and more.
We operate and cover costs by charging a fee for every Employee Badge Created on our protocol. Everything else is open for others to work on without fees charged by us.

2. A way to use blockchain technology to fundamentally streamline and improve recruitment processes

On top of the protocol one is able to build a large number of applications for various needs. We can leverage the NFT badges to build a way to use blockchain technology to fundamentally streamline and improve recruitment processes that are typically handled 1-on-1 or manually
We have developed a recruitment application that leverages a smart contract to fulfil various tasks that are typically handled 1-on-1 or manually in recruitment. A smart contract is a software application in which we can programmatically perform tasks based on events. In this case:
  1. Event = NFT Badge created for Employee when the person is hired
  2. Tasks = Payment of Recruitment Fees, Signing Bonus, Return of Deposits + others
  3. Benefits = No need for contracts, no invoicing, full trust and transparency. Any person in the world can do the recruitment and get paid
This will greatly improve the search for candidates as we will activate passive seekers through connecting to the social network of friends and colleagues around them and incentivizing these people to refer candidates and get rewarded in the process. How our Smart Contract works:
  • Every referral has a unique code so we always track who sent the candidate through
  • Each contract is unique and handled by the employer - eg Signing bonus, referral fees, tenure based bonuses, etc
  • We will build a Job Board in classifieds web2.0 style that sits as an abstraction layer from the technology. It mimics a traditional web2 Job Board but allows for all of the underlying technologies to support it
    • An employer can create a Job Listing, distribute that listing through all regular digital and offline channels and never have to engage with the underlying technology - all of this is seamlessly integrated and handled in the background.
The process of payment can be fully handled in fiat currency with all conversions to native tokens handled in the background
We operate and cover costs by charging a fee for every Job Listing Created through our smart contract. Everything else is open for others to work on without fees charged by us.

The entire solution is powered by blockchain technology. We have a native token to power the solution and we are fully open to the community building on top of the protocol and unlocking a host of not yet discovered or not yet prototyped applications that can have commercial viability.

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