Team 3 - The Bachelors

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  Skills Wallet on Blockchain

Skills Wallet on Block-chain "Enabling clients along their digital reinvention journey"

What it does

We've all felt the stark impact COVID-19 has had on the job market. The US alone has suffered 21 million lost jobs, affecting many of our friends and their families. The global populace remains concerned as indicated by our multinational survey and interviews consisting of 100 respondents from the UK, the US, Australia, India, and more. When asked how concerned they were with different stages of the pandemic’s job market, respondent sentiment scores skyrocketed from 48% to 79%. Furthermore, employer sentiments have also steadily increased with stages of the pandemic where concerns for finding applicants with future skills have risen by 128%.

In light of these growing concerns, industries are responding by requiring job training for their employees to combat the ongoing global recession. Microsoft leads this revolution with online education to meet the newfound demand for future skills (PAUSE) tertiary education is not enough. So - how do we map this ever-expanding list of skills, especially with non-tertiary education on the rise.

Enter the Skills Wallet on Blockchain, an immutable skills ledger based on an IBM blockchain platform –offering more security and flexibility than a traditional database. Skills Wallet provides a tool for organisations, universities, and other learning platforms to compile data on their individual employees' proficiencies.

How we built it

A combined effort of market validation and research strategy in tandem with some prototyping using an online website platform constructor. The front end-user experience is prototyped in the website linked while the back end would utilize cloud-based technology such as the work conducted at IBM in Australia. Currently, Rohan works at IBM with these technologies and is helping organizations propel into the digital era.

Challenges we ran into

After an initial idea of a store business indicator, we pivoted completely to investigate the job market and decided to incorporate Block-Chain technology as a method for solving the deception, competition, and uncertainty of the job market for the applicant and employer. Surprisingly, coordinating efforts with team members in three distinct time zones was not the most arduous task but it was still a challenge that we overcame through our tenacity, determination, and willingness to perform at this event.

Accomplishments that we're proud of

We are all proud of the market research conducted, the validation statistics gathered in a short time (over 100 survey responses), and the overall concept of a method for reforming a pivotal component of young adults lives.

What we learned

Asides from the fabulous workshops on business canvas documents, market research, UI design, pitching, and prototyping. Our group has come to appreciate the multifaceted nature of society and that all sectors have been affected by COVID-19. The world will no longer be the same moving forward and each of us has a role to play in trying to find solutions for newfound issues.

What's next for Team 3 - The Bachelors

Right, Rohan and Sen are off to sleep after pulling an all nigher, Johnny is off to get some Margaritas in to celebrate and Alex is off to cook a spicy stir fry (give us all that spice, baby!) We've had a fab week, honestly, we would say this was our favorite uni project to work on. Who knew we could bond so much being in different time zones across the world, in just 5 days! Thank you Hex!

Built With

• blockchain
• cloud
• ibm
• r
• wix