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Author Topic: [CTEChain]Career Trust Ecosystem Chain  (Read 160 times)
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March 14, 2018, 06:34:40 AM
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CTE-The world's first decentralized recruitment protocol based on social network.

CTE design concept
Introduction

CTEChain (Career Trust Ecosystem Chain) rebuilds traditional hiring practices and is committed to creating a new hiring style that "Everyone is a Headhunter.” CTEChain subverts all recruitment platforms and human resource companies worldwide and provides a solid infrastructure for the HR industry. Its openness, ultra-high TPS, privacy protection, scalable and secure blockchain, and the adoption of many advanced innovations provide unlimited opportunities for the HR industry to serve its customers.

CTE Coin refers to the native token on CTEChain. CTE Coin is committed to becom- ing the digital currency standard that serves as incentive for all Internet users around the world.

CTEChain hands over content control to the user entirely.Users can create, share data, generate revenue, and disseminate information based on social networks. Allows users to run nodes on their own devices to access the network. Nodes and nodes are in real-time interconnection. User information is stored and encrypted on network nodes from a distributed cloud. According to blockchain technology, data is redundant storage. Only the person who has the secret key can access the data. The network provides compensation to users who make storage and computational contributions. In addition, rewards are also provided to users who create and distrib- ute content. Through Six Degrees of Separation can quickly locate the appropriate employee recommendation. Every CTEChain user can be a headhunter. CTEChain fully solves the pain points existing in the traditional human resources system and will overturn the hiring of traditional human resources enterprises such as LinkedIn, JOBS, ZhaoPin.com and lagou.com.
https://cdn-images-1.medium.com/max/800/1*dtuBLGjjP76lsjemU7VlvQ.jpeg

Recruiters can publish their hiring requirements and broadcast their own needs to the network. The system automatically push appropriate resumes to the recruiter based on the tags they configured. Recruiters can view the OCDS information of candidates. If the OCDS fits with the recruiters’ requirements, recruiters can sign a point-to-point contract with the candidate. When the process is done, Recruiters is going to pay the appropriate amount of token, which is decided by the requirements recruiters have set. At the same time, the recommender gets the token reward. As- suming the first referral of a friend does not meet the requirements, you can make a second referral and move on to the second friend, the third friend, … the nth friend until you complete your hiring.

CTE Applications & Examples

From a macro social perspective, social networking has brought new changes to the entire business community. It brought us a wide coverage, easy operation, low cost and so many other advantages in human resource management. The social network with a great radiation range will undoubtedly become a CTEChain landing applica- tion channel and will easily form a two-way interaction to manage human resources and make everybody a headhunter, thus enriching the information resources and social connections CTEChain delivers. Combined with the Six Degrees of Separa- tion, it help recruiters, job seekers to make more accurate matching decision. There- fore, CTEChain will be used in all social networking scenarios, such as Facebook, Twitter, WeChat, Weibo and other social media.
https://cdn-images-1.medium.com/max/800/1*7WWq3w_W1Xk0FCNgrPzpsg.jpeg

Take WeChat Moments as an example: “A” posts a job requirement for a blockchain technician within CTEChain’s dApp, he pays a certain token as reward to broadcast his requirements to the network. “B” re- ceived the request and found that there are friends in the blockchain field. He then reposted the request to social network, which in this case, WeChat Moment. “B” ‘s

Reward Mechanism

POR is short for Proof of Recommend. The user gets reward by authorizing and in- troducing the friend’s data. Mining is one of the most important part of user rewards. By recommending friends’ personal information, users form a OCDS, and when the recruitment finished, users are rewarded with the corresponding token. So that users can be encouraged to offer more and more OCDS under this incentive.

Reward calculation method:

Token(Original Publisher) = Token (Recommender 1) + Token (Recommender 2) + … + Token (Recommender x) + Token (applicant) ;

Recommenders’ rewards calculation method:

token (recommender) = {token (publisher) -token (applicant)} / recommender * x;

if the percentage of applicants is a fixed 60% of all token reward, the recommend- er’s reward calculation method is: token (Recommander) = Token (publisher) * 40% / x; (x stands for the amount of rec- ommenders)
https://cdn-images-1.medium.com/max/800/1*_quSsHQDt8VA_MDetLCpxw.jpeg

CTE advantage
1. Occupational Combined Data Structure (OCDS) fraud control mechanism.

(1) Higher user access verification threshold.

(2) Provide cross-verification and fraud warning mechanism.

(3) Set complaint mechanism and broadcast the whole blockchain network.

(4) OCDS recovery certification mechanism.

2. Personal privacy protection

(1) Personal privacy OCDS transactions must be authorized by themselves.

(2) Protect personal privacy and check the authenticity of OCDS.

(3) Ensuring the legitimacy of OCDS.

(4) Data copyright authentication mechanism.

(5) Each OCDS has a unique data copyright.

(6) Make sure that the producer has the only copyright and profit.

(7) OCDS piracy early warning mechanism.

3. Two-way anonymous mechanism

Blockchain is open and transparent, all records are traceable, but in some sce- narios users will need to be anonymous, so here CTEChain also introduced a two-way anonymous system, which completely protect the privacy of both parties.


Official network link:https://www.cte.work


Telegram link: https://t.me/CteOffical
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March 14, 2018, 07:00:33 AM
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CTE is now open to trading on the HitBtc exchange and Shangya exchange.
HitBtc:https://hitbtc.com/
Shangya:https://www.hksy.com/#/index
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March 15, 2018, 01:14:40 PM
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In 2017, the recruitment service market size worldwide has reached 417 billions euros. There are more than 169 thousands of human resource agencies, while Eu- rope(40%) and Asia Pacific(25%) is accounted for the majority. The world wide human resource market is growing at a compound annual growth rate of 8%. In the past 3 years, Venture capital investment in the field of human resources and labor management technology providers invested 5.5 billion. Although it has great poten- tial for growth in the market, it is still necessary to see the many problems that human resources have in development and management. And here’ s the analyze:

1. Data privatization led to data duplications.
Currently in the global scope of human resources enterprises are intermediary, plat- form operation.There is a certain competition between human resources agencies, information sharing can not be achieved.Recruiters need to cooperate with different recruitment platforms and pay the corresponding fees; at the same time, job seekers also need to deliver resumes on different platforms, easily lead to data duplication.
2.Job seeker information can not be verified, resume fraud is unverifiable.
Human resources enterprises generally do not have a proper system of fraud warn- ing, can not verify the authenticity of user data. There is a large number of user pro- files are not true, imperfect and so on. The time costs and labor costs incurred during this period will bring losses to recruiters.
3.Personal information is not secure. Easily lead to leakage.
Human resources company is a fully centralized intermediary, personal information can not be completely transparent. And all recruitment platforms in the world have the risk of selling or leaking user information, resulting in easy loss to users.
4.High recruitment costs
Due to the recruitment agencies, HR companies can not achieve the full sharing of information. Recruiters need to publish job listings on different platforms, greatly in- creasing the cost of recruiters.
As a result, many human resources companies are planning to respond to market changes and organizational changes by developing new technologies. Moreover, the combination of blockchain technology and human resources can fundamentally become a new solution to improve the efficiency of organizational forms.The decen- tralized blockchain feature gives the entire network enough flexibility, which will con- nect everyone, including the decentralized transaction, and provides a common technology and a global solution that automates the allocation of physical and human resources.

Why use Blockchain
Blockchain can provide a distributed database chain. This database chain is open and transparent, traceable and can not be tampered with. Unlike ordinary distributed databases, the blockchain has one important attribute: timestamp. The data infor- mation stamped with the time stamp is encapsulated in one of the blocks. Once it is maliciously tampered with, the contents of the subsequent blocks will not be matched. With this feature, the blockchain has great uses in the field of human re- sources. With timestamp, the data will not be tampered with, and will be permanent- ly preserved.
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July 29, 2018, 10:30:59 AM
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CTE is still alive or dead Huh
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July 29, 2018, 11:26:47 AM
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The project performed well in the bounty. I think that there will be more and we will see a very good product, which will be popular.The idea is close to my liking and this is what you need now. A year later, another 5-10 times the price of the token will definitely grow.
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September 16, 2018, 12:50:29 PM
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Maybe, CTE was totally dead, no one buys or sells it !!!
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