EXPERTY.IO: STREAMLINING AND DECENTRALIZING THE INFORMATION ECONOMY
The practical functionality of blockchain solutions is a perfect fit for many use cases, but the real ‘game changer’ is the philosophical foundation on which it has been created. Most specifically, the decentralization that blockchain technologies afford is a transformative phenomenon that has the potential to make the ‘disruption’ of the digital era so far insignificant by comparison. The implications of this decentralization are limitless to the point of being mind-boggling with the potential to topple entire industries and other monolithic power structures, delivering true ‘power to the people’ in the process.
Decentralization is one of the most impressive value propositions of a new platform called Experty.io. Simply put, it’s a Blockchain based calling platform that allows two or more parties to connect via video or audio. This functionality is then leveraged to drastically simplify what has become the focal point of the 21st century economy — the exchange of information. On one end of the connection is a ‘knowledge provider’, a consultant or expert in a specific area. On the other end, is a ‘knowledge seeker’ who is looking for the information and instruction. Within the application, the ‘knowledge seeker’ sets their rates (or ‘consulting fee’). This is the amount that the ‘knowledge seeker’ pays when he calls. The exchange is handled seamlessly and instantly via Ethereum based smart contracts coupled with off-chain software.
The concept of decentralization is at the nexus of the Experty.io project and that’s why flexibility of use is built in from the ground up. The platform offers a variety of applications developed for mobile, web, and desktop use. The ‘knowledge provider’ can set his own pricing, availability and other policies. He can operate on his own or partner with others that offer similar services. Third parties — individuals or groups — with an existing platform can use the Experty.io tools to streamline their billing processes. None of the Experty.io functionality requires being on a specific website or in a specific industry niche. It simply facilitates the exchange of information for value and creates use cases ranging from lawyers and doctors to YouTube celebrities and webcam models.
In the process, ‘knowledge providers’ can enjoy a greater degree of privacy and less time spent dealing with payment processing. The ‘knowledge seeker’ will be able to reach the specific person with the precise information that they need. Third party platforms and services have another method to monetize their expertise and user base — and a very efficient one at that. The implications of the Experty.io platform are limitless and it’s impossible to sit and think about what they’re doing without coming up with dozens of new use cases. Big picture — the Experty.io platform is effectively taking the friction out of the 21st century information based economy.