ai

Artificial Intelligence (AI) is an area of computer science that emphasizes the creation of intelligent machines that work and react like humans.


Anonymity

The 123ABC network is pseudo-anonymous. Pseudo-anonymity means that a person will be linked to a discoverable Wallet, but no one will get to know the actual name or personal details of the owner until permission is granted by the Wallet owner.


Blockchain

A blockchain is, in the simplest of terms, a time-stamped series of immutable record of data that is managed by cluster of computers not owned by any single entity. Each of these blocks of data (i.e. block) are secured and bound to each other using cryptographic principles (i.e. chain).


Broadcast

In general, to broadcast (verb) is to cast or throw forth something in all directions at the same time. A radio or television broadcast (noun) is a program that is transmitted over airwaves for public reception by anyone with a receiver tuned to the right signal channel. In essence broadcasting across the network works in a similar way. An opportunity is sent across the network to all discoverable users who are relevant.


Claim

A claim is officially defined as an event stated to be true by an individual


Credentials

Often defined as the result of completing academic or structured learning qualifications


Crypto Token

Tokens are the internal currency of Cryptonetworks and the incentive mechanism which enables them to function. Tokens can have the properties of currencies and commodities.


Cryptonetwork

Cryptonetworks are decentralised networks built on top of the internet as a new layer and can provide a wide range of digital services such as data storage, computation and interactive applications


Decentralised

The decentralised nature of blockchain technology means that it doesn’t rely on a central point of control. A lack of a single authority makes the system fairer and considerably more secure. Rather than relying on a central authority to securely transact with other users, blockchain utilises innovative consensus protocols across a network of nodes, to validate transactions and record data in a manner that is incorruptible.


Discoverable

Discoverability is the quality of being easy to find. A key quality in the future of work scenarios


Future of Work

Is a buzz word. This term is used to describe a current trend of smart matching technologies being used to improve the recruitment processes. We believe the way in which work will happen in the future means the entire ecosystem needs to be not just optimised but the dynamics of power and economics must change to benefit those who are positively contributing to productivity and self development.


Holder

A Holder is the person who is claiming the Moment. For example the individual claiming to have fluent speaking competency in French.


Micro Credentials

Micro Credentials are a way to earn recognition for a new skill you have. Possible ways to earn these credentials include taking a number of tests online, writing an essay, or creating a presentation. Typically, micro-credentials are shorter than other credential options like college degrees or certificate programs, but that is not always the case since the requirements are determined by the credential-granting institution. This means where you decide to earn your micro-credential is important, since not all micro-credentials are created equal. Rewarded and recognised by digital certificates or digital badges.


ML

Machine Learning (ML) is a category of algorithm that allows software applications to become more accurate in predicting outcomes without being explicitly programmed. Like when Amazon recommends you products based on your previous purchases.


Moment

A Moment is the way a claim is captured in the 123ABC network. The Holder will self declaire the Moment within their wallet which can also be confirmed by a verifier.


Network

A group of inter-connected people with no geographical or physical barriers


Personal Capital

Personal Capital is the term that refers to the knowledge, habits, social and personal attributes, including creativity that you develop throughout your life. Personal Capital is unique to you and is needed for companies to achieve goals and remain innovative.


Relevant

Connected to what is happening or suitable for a particular purpose. Remaining relevant is valuable in ensuring opportunities to work are available. Whether its working on something you love or working to make a living, ensuring you are up-to-date with skills and experiences is key to maximising those opportunities.


Reskilling

Empowering an individual to be more productive through retraining or learning of new skills


Skills

Your expertise or talents that help you to achieve tasks - in this case at work. These skills can be divided into domain-general and domain-specific as well as soft and hard skills. Throughout your life you can learn new skills and gain new competence levels in existing skills. Normally through practice or learning.


Upskilling

Upskilling is about an individual acquiring a new level of competence to deliver a specific activity or task successfully.


Verified Moment

A verified moment is a type of claim (like a micro credential or meetup) that has been verified by the person(s) or organisation whom delivered the training or event.


Verifier

A Verifier is the person(s) or organisation who is responsible for verifying the validity of the Moment that has been captured by a user, This is not necessarily a single person or institution.