It is well understood that the world's weakest societies have a severe problem of corruption in the societal system. Often the belief is that the corrupt folks sit at the highest ranks of politics, but reality is different.
Many developing countries face a severe problem of fake degrees. While it is common for people to place misleading information on their CVs, developing nations face a more serious problem: some members of these societies forge degrees; some go so far that they forge medical degrees—this is straight up dangerous. Due to the limited resources available to the public, many are unable to verify their service providers.
Desperate times push people to become creative in the worst of ways. Sadly, as more people follow the wrong path, the likelihood of the overall society to break out of its troubled situation decreases. This develops into a horrid negative feedback cycle as bad times push more members of society to falsify their credentials; consequently, the society's ability to effectively develop its economy decreases. Also, another major problem developing nations face is nepotism; this limits the economy from utilizing the best talent.
Much of the corruption and dishonesty, with respect to employment, is able to pass through unchecked due to information asymmetry. However, a new blockchain project could be delivering the solution.
Targeting Fake Credentials
SpringRole provides a platform cored on transparency and legitimacy. It provides an easy and convenient way for academic institutes (and companies) to verify the profile data of an individual. The immediate impact of this is that no individual will be able to falsely claim possession of an unearned degree or academic certificates.
- SpringRole would end the cause of deaths caused by fake doctors
- This platform would ensure developments that need advanced technical expertise are handled by legitimately educated individuals—infrastructural collapse is shockingly high in developing nations
The above examples cover the most extreme problems caused by fake degrees, but SpringRole addresses the overall problem of fake credentials: it limits the market from reaching proper equilibrium as qualified individuals are overlooked by deceitful competitors. This cuts the negative feedback circle that keeps developing nations from utilizing their best talent.
Targetting Nepotism
SpringRole turns much of the hiring process from a subjective decision to an objective action. At present, the hiring manager perceives who best fits the vacancy; in developing nations, nepotism drives those in power to skew opportunities to unqualified friends and family. SpringRole counters this by proving concrete data on who is most qualified by allowing individuals to strengthen their profile with the aid of endorsements. On this platform, fake endorsements won’t be a sustainable venture.
- Endorsements from industry experts will carry far more weight than endorsements by random people; these individuals will not hand out endorsements to just anyone as their decisions would impact their reputation
- Endorsements are not free and they are meant to be given with an educated inference on whether or not the cost would incur a return on investment (through finder’s fees given out when the endorsed person is hired
This system ensures that those who a truly talented and skilled are recognized by industry experts and are “curated” to the top.
How does this counter nepotism?
At present, the hiring decision is largely subjective; as endorsements will clarify who the best candidate is for any specific task, job, or project, hiring would be an objective action. Anyone choosing less qualified family members or friends would easily be recognized as someone participating in nepotism—there won’t be any way to cover it up.
More Opportunities
Presently, there’s no question that larger, established companies that are able to offer high wages are condensed in a handful on countries. Most of these companies recruit internally and when they do look beyond their organization’s referrals, they tend to do a very limited search, if any, in developing countries. Now, however, merit will be able to flow beyond borders as it will easily stand out on SpringRole through verified qualifications and properly curated endorsements. The qualified individuals in the world's developing nations will no longer be restricted by the result of their lottery of birth. They will be able to capture opportunities on a global level.
SpringRole Essential ICO Links
🌐 Website: https://springrole.com/
💡 Whitepaper: https://www.dropbox.com/sh/ws5qx6h9whhesib/AAC3zGiElBO1p2zLGxf_3SL3a?dl=0
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3556999
💻 Telegram: https://t.me/springrole
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