Introduction
ECTA is The leading global blockchain-based employability protocol for developers consists of KYC verified members who offer various skills to demanding entities in an easy and zero-risk manner for a successful completion of specific tasks. The heart of the protocol is a matchmaking engine powered by artificial intelligence, which, based on a continuous in-depth data analysis learns about the skills and talents of individuals worldwide. It then suggests to demanding entities the skills/talents which may add value to their concept and contribute toward a successful realization.
All users of the platform worldwide dispose of personal reputation scores which are simply a result of their performance. For each task completed developers “mine” ECTA non-fungible tokens which serve to confirm their successful work, increase KYC level and thus become more visible in marketplace for the next jobs.
ECTA token becomes mainstream for skill set and talent discovery of developers, especially in a low-middle income countries, provides transparent standard for job evaluation, helps to minimize risk of non-performance, and enables payment solution for “unbanked talents”. Thus, it creates trust building and maintenance ecosystem for all development services rendered between parties worldwide with focus on artificial intelligence, blockchain, and IoT technologies.
ECTA brings a whole new level of co-working, team building, and payment solutions for unbanked, aimed at establishing direct, safe and productive relationship between the developers on one side and on another side individuals striving to realize their idea, companies seeking undiscovered talents worldwide, educational institutions recognizing the trends in 4th industrial revolution in a timely manner, and investors recognizing genuine projects. <br.
The mission of the ECTA protocol is to increase time & payment efficiency, establish genuine relationships, and discover talents from low-middle income countries by leveraging on its unique technical solution fueled by AI algorithms of a previously created smart solutions and all that in the synergy with Ethereum based smart contract to make the product scalable.
The primary goal of the protocol in this case is to improve an overall hectic situation in the 4th industrial revolution within vital areas such as “learning by doing” education, knowledge sharing, reputation uncertainty, unreasonable growing middleman fees, and investment transparency while taking part in:
- The development of AI, IoT, and blockchain projects
- Striving to launch an appropriate ICO campaign or any other startup project
- Aiming to contribute to active ideas using ECTA information about projects and developers and as a startup contributor to make safer investment decisions (ECTA Due Diligence)
3 Current Problems
Solution
In the following case we have demonstrated the concept how talented developers across the globe cooperate with the parties in demand in a safe way thanks to usage of our AI algorithms, fungible ECTA PAY tokens and nonfungible ECTA SKILLS tokens (non-transferable).
Synergy Protocol
AI, IoT, and blockchain developers list types of skills they dispose under their profile along with their pricing/value in ECTA PAY tokens (ERC20).Payment Protocol
Idea holders acknowledge the profile of recommended developers who have the required skill set and initiate the bidding process whereby both parties reach a price consensus for the service ordered.Reputation Protocol
However, if the idea holder finds provisioning of the skills from AI, IoT, and blockchain developers inaccurate according to the description and timeline of the ordered service, he/she can initiate arbitration process by dispatching the necessary amount of ECTA (ERC20) PAY tokens to the arbitration pool.AI
This section tries to explain to the reader the possible usages and challenges of successful AI and Machine Learning implementation in the ECTA project scope.The Rough Starts of AI
Every new system that wants to use AI to predict values or (in case of ECTA) assist users in completing tasks quicker and more accurately face the challenge of missing initial data. The same will be the case of ECTA.Proposed AI Usage
Proposed ideas in this section should not be considered as a final solution or as a limitation to what ECTA can implement to assist user decisions. Once data is available, there is almost no limitation to what AI can simplify in terms of user experience.
ECTA Concept
| Features | Social Networks | Freelance Platforms | ECTA |
|---|---|---|---|
| Simple User Interface | |||
| Communication Tools | |||
| Explore Members | |||
| Resources for Work | |||
| AI Matchmaking | |||
| Fraud Detection | |||
| Skill Set Mining | |||
| Arbitrage Pool | |||
| Small Fees | |||
| Payment Solution for 2B Unbanked |
More Detail :
Website : https://ecta.io
Whitepaper : https://ecta.io/ECTA_Whitepaper.pdf
Join ECTA Telegram Group Channel : https://t.me/joinchat/GagRpxKC6rgeJDKWBSChsA
Author :
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https://ecta.io/ECTA_Whitepaper.pdf