[ANN] SEDA - Decentralized Recruitment on the Blockchain

[ezioauditore]

SEDA

We are creating secondary value for your verified credential and portfolio. Reward yourself from our reward ecosystem. Get more opportunities from the Marketplace.

About Us
Credential veracity platform built on top of a reward ecosystem by leveraging on the consortium blockchain.


Problems

Current recruitment process

• Misleading experience and qualifications
• Slow verification process
• Expensive
• Low retention rates
• Centralised recruitment process

Solutions

• Verified and accurate data
• Faster recruitment
• Lower cost
• Higher retention rates
• Decentralised recruitment process

Token Sale
There will be a total of 1,000,000,000 SEDA tokens.

Development - 15%
Reward - 45%
Pre ICO - 7.5%
ICO - 22.5%
Reserve - 10.0%

Budget
Team - 3.5%
Expenses - 5.3%
Development - 17.6%
Marketing - 22.8%
Bounty - 3.5%
Legal - 3.5%
Reserve - 35%
 
Telegram | Website | Twitter | Whitepaper

[1714163365]

1714163365

[ezioauditore]

Reserved

[ezioauditore]

Reserved

[tippytoes]

Im curious how you are going to address the retention rate problem? How will seda be one of the solutions for this? Because that might be your edge to your competitors.

[ezioauditore]

Im curious how you are going to address the retention rate problem? How will seda be one of the solutions for this? Because that might be your edge to your competitors.

Hi Tippytoes,

SEDA provides first hand verification from the issuer of the credential itself. This will reduce fabrication of credentials and skillsets of a candidate that will allow the employer to have a better grasp of the true portfolio of the candidate. As such, employers will be able to reduce the risk of wrong hire from the beginning. Usually, employees that fabricated their credentials will not last long in the company due to their incompetency. SEDA comes in as a filtering agent that will allow a company to recruit people that fulfills a prerequisite checklist. Therefore, employees that are hired through SEDA fulfills the requirement of the employer, rendering a longer employment term compared to those that are hired normally, where there is a risk of quality mismatch and unmet requirements of the employer.

The current competitors of SEDA does not provide verification as they only provide endorsement from an individual to the user. We aim to verify user directly from the educational institutions or the company of their previous hire.

[IgniHash]

Hello Dev,

Your idea might be interesting and unique. But can I see your website?
Or maybe you can brief more details about your product? Do you have any MVP?
Thank you.

[ezioauditore]

You can visit our website at https://www.getseda.io/

Our alpha will be released in the Q4 of the year.

[hitokai1989]

Looking forward for this. Looks like an interesting idea disrupting the recruitment scene

[bitofc]

by leveraging on the consortium blockchain

may I know which consortium blockchain?
Thanks

[ezioauditore]

Besides Ethereum, we are also using Hyperledger and a distributed storage provider.

[soonhy]

What are the main differences between SEDA and Indorse?

[corez]

What are the main differences between SEDA and Indorse?

Here are some of the differences.

SEDA vs Indorse
1.  Indorse mainly focus on creating a social scoring system power by endorsement and validation from actors from the ecosystem creating a certain degree of validation but SEDA aim to give a REAL & TRUE attribute credential validation from the issuer or claimant of the said data itself with the non-bias claim from the actors itself.

2.  Indorse focus on endorsement or validation on credential itself creating a social credit scoring for individual portfolio with the endorsement of other actors in the ecosystem while SEDA aim is to create a proactive recruitment ecosystem with its data collection module where all credential is in the state of provenance (direct from its origin) without the bias or non-accredited claim by non-related third party creating a more direct version of validation from the issuer / source.

3.  Indorse is more focus on mass validation via peer to peer endorsement which SEDA aim to attain a more factual validation from issuer ( institution and enterprise )

4.  Indorse core idea would be more of an online presence where skill and credential validation is based on social endorsement rather than a direct veracity approached. SEDA’s objective would be creating a veracity protocol to ease HR/ human capital segment in recruitment, allowing recruitment to be a more cost and effect effective and efficient tool in human capital.

5.  SEDA secondary module include a marketplace where the first module, the veracity protocol which is a TRUE & REAL database collection will become its source of reference where it serves as a job board connecting employer and employee using the service Job Hunter, a third party actor in SEDA ecosystem that will become the decentralized HR for the employer to seek out suitable candidate.

[dynacom]

saw this in reddit https://www.reddit.com/r/ethereum/comments/891ery/7_ways_blockchain_technology_will_improve/ and someone mentioned seda project in comment.... then i would just like to know how seda solve the problems in recruitment in a more detail explanation?

[SuccessfulPea1]

Based on what I understand (from brief look at details in the website), it all centres around creating an "economy" or ecosystem. Where everytime a verification is done by a relevant party, they will be rewarded. Best if you ask the folks in their telegram chat group. https://t.me/sedaofficialchat

Its good to know the finer details how the SEDA marketplace will work.

[dynacom]

The Cost of Hiring New Employees (Infographic)

https://recruiterbox.com/blog/the-cost-of-hiring-new-employees-infographic


looks like SEDA is solving some very expensive problem in hiring area

[dynacom]

saw some good article from SEDA twitter

Partnerships are essential to verify a person's background.

#SEDA is partnering with educational institutions to act as validators.


https://twitter.com/SDA54906894/status/983959956243140609

[Callmemaybe]

saw some good article from SEDA twitter

Partnerships are essential to verify a person's background.

#SEDA is partnering with educational institutions to act as validators.


https://twitter.com/SDA54906894/status/983959956243140609

Oh wow, thanks for sharing. 

briefly went through the whitepaper. Will be keeping track of this project!

[ezioauditore]

saw some good article from SEDA twitter

Partnerships are essential to verify a person's background.

#SEDA is partnering with educational institutions to act as validators.


https://twitter.com/SDA54906894/status/983959956243140609

We are constantly partnering with educational institutions and they are excited to join us as validators. This is a win-win solution, as it increases the legitimacy of their educational certificates and it helps requesters from the SEDA ecosystem to verify if the educational certificate that they wanted to validate is legitimate or fraudulent.

[ezioauditore]

The Cost of Hiring New Employees (Infographic)

https://recruiterbox.com/blog/the-cost-of-hiring-new-employees-infographic


looks like SEDA is solving some very expensive problem in hiring area

It is our aim to solve the issues currently faced in the 200 billion recruitment sector.

[goah]

"Credential Veracity
Credentials on the platform will be verified by affiliated third party institutions"
What institutions do you mean? Whos gonna check everything? Some example would be great. Thanks.