The history of money can be traced back to someone buying something at a particular time and place. Sick and tired of losing something of greater value to the predominate barter system, they decided to set a new, golden standard for exchanging values by using — why gold of course.
But soon enough, the hassle of lugging tons of gold bars across perilous terrains for those luxuriously flimsy Silks from China and the intense concentration required to ensure that deep-seated shadows don’t magically morph into bushy-tailed denizens of the highway began to melt the steeliest of resolves. Not to mention those persistent rumors regarding certain fire-breathing dwellers of the deep who may or may not be commanding the loyalty of gold veins. Time to make them smaller, backed by the sovereign promise of His Majesty that their values remain the same — just more convenient to carry. Also, engrave my face on it so they can see it’s really me declaring these values — and why not make them circular instead? Circles stack well, yes?
And so began the historic of currency. A history of convenience and faith based solely on the promises of leaders and the honoring of these promises. A history of debasement — less quality, more quantity and promises. Then, came paper notes. The pinnacle of portability and convenience. Fits in any purse and is just as good as gold — because the government says so. However, fiat currency is not backed by any physical asset and relies solely on the confidence people have placed in the currency and the nation backing it. This has resulted in several cases of hyperinflation that has destroyed the faith and credit of many nations.
Blockchain technology is presenting a revolutionary and immutable system for the storage of value. It is portable and convenient to use, and for the first time in the history of currency, lets you be your own bank. However, blockchain’s potential has been limited to “aping” the mechanisms of fiat currency. Its utilization is faith-based, and while it’s yet to receive the same kind of support its mutable and tamperable cousin enjoys from governmental agencies, blockchain’s disintermediation of exchanges has been widely acclaimed.
Blockchain has the potential to step into its own and herald a new, economic movement. However, for it to do so, it has to step out of the shadow of fiat and leverage the oldest currency in the universe. Reputation.
Did that alarm wake you on time this morning like it’s supposed to? Did your coffee machine make you coffee instead of tea? Was the weatherman right about the weather? Everything we do and interact with is based on reputation, yet reputation remains the most undervalued asset in the world. Blockchain technology can give credence to its usage, backing its utilization through an immutable ledger system, and ensuring its authenticity. ConnectJob is developing such an ecosystem.
ConnectJob Token (CJT) is the tokenization of reputation on the platform’s decentralized service exchange network. CJT enables users from anywhere in the world to seamlessly exchange values and services with anyone without needing resort to cumbersome background checks and vetting process. The highly-skilled professionals on the platform have been thoroughly vetted for a “best-in-class” service experience.
Built on the concept of self-sovereign identity, ConnectJob allows Jobbers to certify their reputation on the blockchain and leverage this certification for all other services across various platforms. To improve security, liquidity and transparency on across these platforms, ConnectJob will integrate its services with reliable exchange for seamless and secure exchange of values.
CJT pre-sale event is ongoing and has raised over $4.5 million in sales. The tokens are being offered at 2400CJT/ETH with a 20% bonus on each purchase. Contributors can contribute to the sales through Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC), Dash (DASH), or in fiat (USD/EUR)! ICO runs from 12/01/2017 to 04/30/2018.
