bitJob HYBRID MarketPlace Flowchart & Authenticity process
MarketPlace Flowchart
The Following Flowchart represents our vision for the bitJob HYBRID architectural Marketplace, which will be handled both by Centralized servers (using fiat traditional currency payment method) and Decentralized infrastructure (Registration & Identity, Fees, Revenues distribution for Affiliates, etc’).
The Chart below shows bitJob formal Token (STU) and Its allocation methods for the token holders & affiliates. The Main reason we chose an hybrid model to act as bitJob’s infrastructure is that we wanted the develop a product that can go-to-market NOW, and not in 5 years from now. This is the biggest strength of bitJob.io.
bitJob User Signup & Authenticity process
bitJob as an Hybrid platform holds several blockchain based features.
Ethereum allowed us to build this great application that removes the need to blindly trust server administrators. Thanks to its transparent properties, we now have strong Authentication, Identity, Verifiability, Voting, Reputation and micro-transactions for our Payments and affiliates fees distribution.
In the sketch below , We’ve decided to clarify the User Sign-up process which holds different aspects of authentications.
1. bitJob Student (Identify Requester) — At this stage, the Requester (Student) will fill in the needed Data at the bitJob UI application. The UI Application will make sure the Student is a legit entity. By analyzing the supplied data as a Proof of ownership.
2. bitJob User UI Application — a Proof of identify will be sent from the UI Application to the Students members list Storage (This will be the Student ID Number). The Storage will then return the UI Application an approval for the Authenticated Data.
3. Students Members list / Identify Partner (Universities) — The ID’s Storage will be held on the Blockchain. And each new update from the Universities will be stored and sent there as Text keys.
4. Blockchain Data check — This stage will make sure the authenticity of the Students ID’s, Ownership and Validity, Comparing the data to the Blockchain ledger will give the user a 100% Verifiability for his ID.
5. Affiliate Members list and referral validation — This will be conducted upon registration, each Affiliate member that would like to participate in our Affiliate plan, will get a special referee Link. If he’ll send that to another member for registration, a Referee reward will be allocated for him based on his referral activities.
Join the Movement ! Be the Movement !
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Thanks for your time,
Dror Medalion
Co-founder & CEO @ bitJob
