Ispolink
WHAT IS Ispolink?
Ispolink is a cutting-edge matchmaking platform that is designed to address one of the most fundamental challenges nowadays: sourcing top talents.
Ispolink is the World's First Matchmaking Job Platform leveraging Blockchain and AI technology that intends to disrupt the recruitment industry. By offering a comprehensive state-of-the-art solution, Ispolink is going to solve one of the most pressing challenges which business face when it comes to talent acquisition. We intend to empower companies operating in the Blockchain and IT domain to fill their positions by providing them a full spectrum of tools to conduct and manage in-house the entire recruitment process efficiently, eliminating the need of intermediaries.
Introduction
The past decade has been characterized by an economic growth which has led organizations to put strong emphasis on finding suitable talent to sustain business growth. Nevertheless, due to the record-low unemployment rates and skills shortages in many technical areas, recruiting has become a challenging task leading to fierce war of employment brands, recruitment marketing campaigns and artificial intelligence driven tools to deliver recruiting excellence.
Furthermore, things do not get any easier when it comes to talent acquisition, especially with regards to the crucial decision which each business needs to take – what would be most suitable platforms and channels to utilize in order to attract the right candidates for the vacant roles offered? Certainly, failing to identify the proper job boards and social media channels to publish and promote open positions would result in inefficient resources allocation, unsatisfactory results such as lack of skilled applicants, low retention levels and waste of time and efforts.
The Solution
We strive to empower companies to fill their positions by providing them a full spectrum of tools to conduct and manage the whole hiring process efficiently – from candidate screening, through the various stages of interviews until the final offer, all of which can be executed within the platform.
Mission
Our core mission is to connect businesses and great employees with ease, whilst ensuring high employee satisfaction and alignment with company's value, working environment and career prospects.
Vision
We aim to transform the obsolete and cumbersome recruitment processes leveraging disruptive technologies, combined with a distinctive and innovative approach towards attracting the very best talents.
Business Model
Ispolink’s business model is pretty straightforward. It consists of two main sources of revenue – a subscription based model for companies, that would enable them to take advantage of all platform tools including the matching and sourcing technology along with premium features at affordable price. Since we are result-oriented, employers are charged a flat fee solely on successful hires.
Ispolink Tokens
The Ispolink token is a native ERC20 standard utility token issued on the Ethereum blockchain. It constitutes the soul and heart of the Ispolink’s platform. The Ispolink token is designed as means of payment in the Ispolink ecosystem that enables purchases of services within the platform like subscription packages for companies, featured job seekers, etc. Alternatively, users would be able to pay for services with debit/credit cards. However, the platform users that choose Ispolink token as payment method are entitled to receive discounted price of the purchased service. The Ispolink token will also incentivize and reward active and engaged users when certain conditions are met.
Key Features
● Scalability:
Fast, low-cost and secure transactions on Matic sidechains with finality achieved on mainchain and Ethereum as the first compatible Layer 1 basechain
● High Throughput:
Achieved up to 10,000 TPS on a single sidechain on internal testnet; Multiple chains to be added for horizontal scaling
● User Experience:
Smooth UX and developer abstraction from mainchain to Matic chain; native mobile apps and SDK with WalletConnect support
● Security:
Matic chain operators are themselves stakers in the PoS system
● Public Sidechains:
Matic side chains are public in nature (vs. individual DApp chains), permissionless and capable of supporting multiple protocols
Blockchain Payment System
● User performs action on system
In the current state, the user decides upon what action to undertake
● Action requires payment
If the action requires payment, the user is prompted with a screen with an option to either pay with a token or not. If no payment is made, then resume with 1.1 otherwise go onto
● Show screen with price in fiat and token
Show screen with price in fiat and token. The system should do the necessary calculations and discounts based on the price of the token. Screen also has an option to abort the payment and return to normal flow. Also show the current token balance
● Payment in tokens
The user deposits tokens into their personal wallet address and the system will credit the balance
● Payment in Fiat
Show information on what the user is paying for, ask for their card details or paypal details. Process here and return back to the
● Check if fiat process failed
In case of unsuccessful action then a payment failure screen is displayed. Otherwise the payment is being processed, desired action attained and redirected back to normal system flow
● Payment Failure
Inform users that fiat payment has failed. Redirect them back to the payment selection screen (1.3)
● Enough Balance / Payment accepted
Check if the user has enough balance on their account. If sufficient money is at disposal, then send a request to take the money out of the wallet, then go to 2.1 If not enough money is available, the deposit address is shown (unique code), then go to 2.2
● Process desired action
If payment has been received successfully redirect users back to the normal system flow. 2.1 is the success condition of 1.9 or 1.7 when everything has been paid. This step is just to reconcile with the accounting and then do whatever the user wants to be done.
● Show deposit Address
Show deposit address (unique to the user) and amount inside address. Process for private key creation in 2.2.1 Proceed to 2.3 after showing deposit address
● Private key creation
Private/public key generated using RPC command from full node or API. Associate private key and public key with the user profile, and show in 2.2
● Funds deposited
There are two outcomes. If funds were deposited, proceed to 2.4 which is how we will detect for confirmation. This is achieved by doing a long poll or periodic polling to the backend. Otherwise go back to 1.3
● Wait for confirmations
Wait for transaction confirmation before crediting the user account. A progress bar would be available. If a user chooses not to wait, go back to 1.3 / 1.4 (payment selection) where they can choose to pay at a later date or with another method.
● User profile screen
User profile has the ability to deposit or withdraw tokens also. Deposit tokens follows a similar flow.
● User Profile options
The user has the option to edit the profile but we will focus on tokens. This follows the similar flow to 1.9
● Show deposit status
When funds are deposited or not show deposit status. This should just do a simple RPC or API query for any TX inputs to the address.
● Withdraw funds
Funds are withdrawn from the wallet. A withdrawal fee should be deducted and sent to the owner wallet, also in this state the owner wallet should send some gas to the user's unique address behind the scenes.
● Withdraw status
This action operates in a similar manner as deposit statuses work, except the fact that UTXOs (TX outputs) are visible from the address.
Recruitment Agencies Fees
● Cost:
On average 10% are paid in advance in order to commence the recruiting and another 10- 15% or more after hire.
● Cost:
Between 15%-25%, reaching 30% for harder to fill roles of the annual salary
● Cost:
20% to 50% of the hourly wage
Team
Emanuil Pavlov - Co-founder & CEO
Nikolay Pavlov - Co-founder & CTO
Paresh Joshi - Back End Engineer
Barry Teoh - Blockchain Developer
Songxun Zhao - Front End Developer
Jens Gantz - Art Director & UI/UX Designer
Kiruba P. - Head of Marketing
Desislava Miroslavova - Advisor
For more detailed information
Website: https://ispolink.com/
Telegram: https://t.me/ispolink
Your BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1690762
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