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The platform uses different methods to validate skills in a simple and objective way, including decentralized consensus, where examples of skill are judged anonymously by random other users. It also uses AI-based systems like chat bots for automated real-time validation.
Unlike traditional social media platforms, where users can make any claim about themselves which are often taken as the truth, Indorse verifies and validates the claim, and rewards users for endorsing the skill sets of others — a process the startup has coined as ‘indorsing’, as Singapore Business Review explains. To do this, a user has to attach a proof for other members to verify every claim they make on Indorse.
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“If someone is an expert in NodeJS, they put up a claim and attach proof such as their GitHub repos,” said David Moskowitz, co-founder and CEO at Indorse. “Other members in the same domain on Indorse verify it. Based on the consensus, the claim is either ‘indorsed’ or flagged.”
According to their website, users are rewarded for their activity on the platform with IND tokens. These tokens can later be traded or used on the platform to purchase services like advertising, or company pages with validated connections.