Work X: Building better job & talent profiles to bring people together: Building better job & talent profiles to bring people together

Oiyola
5 min readNov 29, 2023

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About Work X

Work X is building a highly efficient platform economy to connect service providers with customers. By eliminating commercial fees, Work X is able to minimize the costs of labor and optimize salaries. Work X provides a solution using Self-Sovereign Identity to let people regain control over their personal data. In this way, people will be able to own and control their own data by linking it to their digital identity. When an employee or candidate completes an assessment, development course or other education, they can easily link the achievement or diploma to their digital identity. This has many advantages for all participants in the ecosystem. The employer does not need to worry about storing the sensitive information because the employees control it. Employees will be able to store credentials for the rest of their career (even if they switch jobs) and they have the assurance that commercial third parties are not able to monetize their personal data. To pilot this new technology, WorkPi is supported and funded by the Economic Commission within the eSSIF-lab. Because A.I. algorithms are currently not able to learn from private data stored in SSI wallets, we are introducing a new method called ‘Compute-to-SSI’ that leverages existing technology of Ocean Protocol.

Work Objectives

Although current solutions are not sustainable, technological developments have made it easier to bridge the gap between employers and workers. In a world of constant technological development, the question arises as to whether the prices charged by freelance platforms stem from a sustainable and efficient business model. Given the emergence of decentralized markets and disintermediation trends, the freelance platform business model may prove to be an inefficient and unsustainable business model. Job Additionally, Work X aims to match supply and demand through an innovative technology platform called Work X Platform. The Work X platform and its various services can be accessed with the Work X token ($WORK). Users have the possibility to interact with the Work X Platform using the possibility to interact with the Work X Platform with tokens.

Work X: The Future of Organizational Development

Offering comprehensive tools, Work X empowers organizations to measure skills using an assessment marketplace. As the integration of individual assessments is a very time- and resource consuming challenge, Work X eliminates the switching costs by offering a marketplace where employers can utilize various assessments on-demand. With the Work X application, exclusively available at www.workx.io, companies such as APG can instantly generate anonymized succesful job profiles that can be used for development & hiring purposes. The platform offers:

  • Employee Data Profile: An interactive profile on www.workx.io where employees control and manage their skill measurements and get personalized development suggestions.
  • Assessment Platform: A diverse assessment marketplace to measure various skills in > 14 industries, only on Work X!
  • Development Lounge: a platform dedicated to cultivating decisive skills, blending online and offline training modules.
  • AI Job Assistant: Instantly get personalized AI suggestions for relevant skills, jobs & development courses to bridge the skills gap

Cost Efficiency with Work X

Work X doesn’t just bring innovation; it’s also cost-effective. When companies create a job posting, they only have to pay a small fee to cover the costs for running & maintaining the Work X platform. In this way, heavy recruitment fees up to 40% of a yearly salary are saved. Learn more on www.workx.io and the whitepaper.

The Future is Bright with Work X

APG is pioneering the way by adopting Work X’s strategies, positioning itself as a data-driven innovator. As the digital realm grows, Work X’s commitment to leveraging AI, machine learning, and data analysis sets it apart. Dive deeper into these offerings at www.workx.io. In the larger picture, Work X isn’t just about a single organization. The vision extends to transforming the entire employment ecosystem. With platforms like www.workx.io, the potential for change is limitless.

Tokenomics

The $WORK token is intended to provide digital access to the platform by means of a blockchain-based infrastructure. In this paragraph we will shortly summarize the different use-cases to answer the question how the token has utility. In the near future we will present additional token use-cases so stay tuned!

  • Token Utility 1: Get Access to Platform Services
    To access services on the Work X Platform such as posting jobs, skill assessments, development courses, the AI-Assistant, and many other services on the platform, users need to possess the $WORK token. Other examples of costs we need to add to our transaction fee requirements are for example AI tokens, running servers, development grants, etc.
  • Token Utility 2: Collateral for Job Listings
    To make sure that all job listings comply with the code of conduct of the platform, tokens have to be deposited.
  • Token Utility 3: $WORK Platform Support Rewards
    Users of the platform who hold $WORK tokens and add to the liquidity will be rewarded with $WORK tokens within an NFT for their support of the platform and community. As they are contributing more to the maintenance and continuation of the platform, they are important for the future of the platform and deserve to be rewarded.
  • Token Utility 4: Platform NFT’s
    When users get achievements on the Work X platform they will be rewarded with an NFT that holds an amount of $WORK tokens. By holding and adding to the liquidity of the $WORK token, they will be rewarded with an appealing APR on top of their tokens.

Partner

Roadmap

MORE INFORMATION :

Official Website: https://landing.workx.io/
Official Whitepaper: https://content.workx.io/whitepaper/Work+X+Whitepaper+V6.pdf
Official Twitter: https://twitter.com/WorkX_official
Official Telegram: https://t.me/WorkX_Telegram
Official Discord: https://discord.com/invite/workx
Official Medium: https://medium.com/@WorkX
Official Linkedin: https://www.linkedin.com/company/work-x-internet-of-jobs/

Author

Bitcointalk username: Lionxian
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2822678
Address: 0x17112955d4E8233B50B2911f769212Dc500bEe0E

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