Profede Professional Protocol

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Bringing power back to the professional user, with Blockchain

Professional behavior and data are worth billions to businesses.
Why shouldn’t professionals be compensated for this?
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WHITE PAPER: https://profede.com/profede-whitepaper

PRESENTATION: https://profede.com/profede-presentation

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The Key

In the current billionaire professional market (recruiting and social selling), too much
money goes to the intermediaries and there is little left for professionals and
businesses. Profede is using blockchain to bypass the intermediaries in the professional
world and create a direct connection between professionals and businesses. On the
Profede Professional Protocol , professionals control their personal data and get paid
each time businesses access it to offer them a uniquely targeted job offer, a commercial
offer or a specific business proposal. Profede brings essential value to professionals and
businesses by making data valuable and eliminating intermediaries.


Executive Summary

The Profede Professional Protocol allows direct Professional-to-Business and
Professional-to-Professional interactions, without the need for intermediaries.
Nowadays, professionals have completely lost control of their data. Furthermore, the
current system is not good for businesses either because they make investments
without being sure of having a return on investment. The current model makes it almost
impossible to gain access to highly qualified professionals and on top of that, the
success rate is rather low.
On Profede’s Platform we give the power back to the user. Professionals control their
profile, decide who has access to their data and are paid each time businesses or other
professionals use their data for any purpose. Thanks to blockchain, we are creating a
decentralized protocol that allows professionals to easily store and manage their
profiles, which are accessible by third parties.
With blockchain, professionals will be able to easily move their profiles and data
through the networks partaking in this protocol, in a private and safe manner. At the
same time, businesses and other professionals will have access to the profiles of the
professionals, with a guarantee of their legitimacy and certification of their feedback
rating, since all the content will be documented.
Profede Professional Protocol will allow businesses to make appropriate payments for a
professional’s data regardless of the platform in which that person’s information is
located. Intermediaries are eliminated and interactions are facilitated by the network
itself. Instead of paying any intermediaries, businesses automatically make customized
offers directly to professionals based on their feedback rating and profiles through a
decentralized application.
The 12 million beBee users will be used as rocket fuel to drive widespread adoption of
the protocol and make Profede a market kingmaker.
Its token will gain immediate adoption by beBee’s professional’s thanks to its vast
network and will create a complete cryptocurrency economy within the network.
Profede will gain immediate adoption and scale.


Decentralized Professional Protocol

Billions of professional users


Watch the official YouTube Presentation

 


Our track record


Competition Overview

The Profede Professional Protocol allows direct Professional-to-Business and
Professional-to-Professional interactions, without the need for intermediaries.
Decentralization and blockchain are opening doors and empowering professionals,
businesses and investors in a number of different ways.
With data being worth so much to companies, blockchain could serve as the catalyst
that not only protects our information but makes it a valuable asset in the future of data
sharing and investments.
One example is Earn. Professionals can use this app to earn digital currency by replying
to emails and completing tasks. It’s a unique concept that allows professionals to be
compensated in exchange for their data.
Indorse is a decentralized professional network. You can show your skills, get validated
by experts and get rewarded. The company brings value to professionals by making
data valuable. It’s a Linkedin-like decentralized network.
Dock is a decentralized protocol that lets people connect their profiles, reputations, and experiences across the web with privacy and security. In this case, professionals do not
get rewarded so professionals are out of the benefits equation.
Profede is a unique value proposition. It is not an app like Earn or Indorse, and it is a
protocol like Dock, instead, the professionals are the center of the benefits equation. It is a
protocol that uses blockchain to give power back to professional users. This protocol
enables businesses and professionals to create a direct connection. Professionals
control their personal data and get paid each time businesses use it to offer them a job,
a business proposal or a commercial offer. The protocol will be adopted by thousands
of small and medium apps and millions of users. Bebee – a professional network of 12
million professional users – will be the first to adopt Profede’s Protocol.


Product


Deployment plan

Combining the above components, the Profede Professional Protocol acts as a platform
to create professionally-driven and rewarding business opportunities. As the platform
provider, Profede focuses primarily on establishing the core framework of the protocol
within which all developers can build apps and services. As such, Profede’s core
offerings to support the B2P ecosystem (as well as P2P support services) will include a
collection of APIs, libraries, and SDKs that will enable external developers to build on top
of the platform.
The Professional Activity Token (PATO) will use ERC-20 token standard, compatible with
all exchanges and will be tradable with all other currencies (coins)

beBee signs up an agreement to use Profede’s Protocol

beBee has signed an agreement with Profede and will be the first platform in using
Profede’s protocol because it firmly believes that blockchain is a powerful emerging
technology that enables more engagement and collaborative economy without the
need for a central authority. Profede has been endorsed by beBee as a natural next
step in the field of professional networking.
beBee was founded in 2015 as a collaborative professional network based on openness,
collaboration tools and professional content.
beBee currently has more than 12 million users in over 100 countries and will be the
first platform to use Profede’s blockchain-based protocol.

• How This New Professional Social Network Is Approaching 40 Million Users
Neil C. Hughes – Inc.com contributor – Full article

beBee is an award-winning network that has been nominated several times as a
“potential Unicorn company” and believes that the social selling model of the
“middleman” is not only unnecessary but also potentially detrimental for the value and
the reputation of the business.

• New Business Networking Platform beBee Chosen for Prestigious Silicon Valley
Program
broadwayworld.com – Full article

A decentralized professional market is the next step in this progression of professional
interactions as a means for professionals and businesses to connect. Profede applies
these powerful design patterns to reimagine a more transparent and meaningful way
for professionals and businesses to participate in value creation.


Initial development efforts

As of mid October 2018, there will be an alpha version of the product. This alpha will
include all the smart contracts needed to implement the rules defined in the protocol
and an open source SDK to make it easy for the adoption of this protocol for existing
platforms and also for new ones. The alpha is starting to be developed and will be
released to a wider audience at the end of December 2018. The final product will be
released in 2019.


Value and experience for early platform users

While the true value of the protocol will take time to achieve, reaching a sufficient
number of professional users and businesses, beBee’s 12 million users will be used as
rocket fuel to drive widespread adoption of the protocol and effectively make Profede a
kingmaker of professional marketplaces, due to its existing scale. Its token will
potentially gain immediate mainstream adoption being tied to beBee’s professional
network.
Moving to a decentralized blockchain platform will accomplish two goals with one effort
for beBee. Creating a complete cryptocurrency economy within the network, Profede
will also gain immediate adoption and scale.


Growth plan

Profede designs and develops a open source decentralized ecosystem, upon which
external developers create apps and services. The core offering includes the framework
enabling external developers to build on top of the platform.
Once the platform is launched, Profede’s team will focus on marketing to small and
medium businesses to build the job offer side of the ecosystem, with the expectation
that more businesses will bring more professionals, leading to continued growth of the
ecosystem.
The massive adoption of the protocol will be reached once the protocol is adopted by
several existing and new professional verticals and apps. The first professional network
to adopt it will be beBee, with 12 million users, that has already signed an agreement
with Profede. Profede aims to close more deals with a wide range of different platforms
that can use and benefit from Profede’s protocol:

Professional networks: In professional networks users interact with each other to
find new opportunities or offer services. The professional networks that
implement the Profede Professional Protocol will give their users access to a
large amount of users and professionals in other networks.

Specialized professional networks: Much like professional networks but focalized
in small groups. For example, engineers and writers will benefit from reaching a
large user database that Profede’s protocol offers.

Businesses: Medium and large businesses that have developed job portals on
the Internet to recruit professionals, but they still need to spend money on
advertising networks in order to get candidates to apply for their open positions.
By implementing the Profede Professional Protocol these businesses would be
able to access the worldwide database with millions of validated professionals
directly, thus reducing their costs.

Recruitment experts and headhunters: Recruiters will benefit from a worldwide
database and also from the new sales channel that Profede offers from its
database of validated candidates.

Job portals: Generalist and specialized job portals need marketing strategies to
grow their candidate databases but once their users find a job they become
inactive users. By using the Profede Professional Protocol they could offer their
users an advantage to remaining active in that they will be able to earn money
through exchanging data with their profile.

Service Providers: in general all the companies that provide services and value
added to professionals will be able to benefit from Profede’s protocol.


Token Sale


Investing Advantages

HUGE POTENTIALHIGH DEMANDLIQUID ASSETGAME CHANGERQUICK MARKET ENTRY

Legal & Ratings


Media


Road Map


Team


Advisors


Joherul Islam Johney
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I'm Crytpo Trader and ICO investor.
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