Sensitrust price

SETS

#7406

The SETS token is a utility token that is used for accessing platform services at a discounted price, such as:

• Membership Subscriptions
• Platform Consultant
• Product / Service Guarantees
• In-Platform Training

Each agreement between professionals and customers will also include the definition of a maximum number of revisions allowed, as well as expected penalties in case of delayed delivery, or rewards in case of early delivery. All the operations performed in the platform will have the possibility to be regulated by Smart Contracts: agreements, quality of the results, temporal constraints, checkpoints and revisions will be governed, in a decentralized, immutable, and certified manner.

Once the work is completed, the result is subject to a deep evaluation by the customer, by external expert reviewers and by an AI engine. An automated workflow, also supported by decentralized components ensures the fairness of the negotiations and the mutual satisfaction of customers and professionals.

Sensitrust is a decentralized job marketplace that leverages blockchain and artificial intelligence (AI) technologies to address and improve upon current job market challenges. This platform is designed to enhance the way customers and professionals connect and interact by ensuring safety, transparency, and efficiency in their engagements. By integrating blockchain technology, Sensitrust aims to minimize the reliance on centralized entities for information management, thereby fostering a more secure and transparent environment for both parties involved.

The platform offers several innovative features, including the ability to hire teams of professionals from a catalog, set up calls to action with specific project requirements and constraints, and utilize smart contracts to define and verify working agreements. Sensitrust's use of AI further enhances data management and the overall user experience by facilitating better matches between customers' project requirements and professionals' skills.

The SETS token, which operates on the Ethereum platform, serves as a utility token within the Sensitrust ecosystem. It allows users to access various platform services at discounted rates, including membership subscriptions, platform consultancy, product or service guarantees, and in-platform training. This token plays a crucial role in enabling the platform's functionalities and ensuring a smooth, cost-effective experience for its users.

Sensitrust's approach to professional-customer interactions is particularly noteworthy. Agreements include provisions for revisions, penalties for delayed delivery, and rewards for early delivery, all regulated by smart contracts. This ensures that project specifications and constraints are met satisfactorily. Additionally, completed work undergoes thorough evaluation by customers, external reviewers, and an AI engine, supported by a workflow that guarantees fairness and mutual satisfaction.

Founded in 2019 by three academic researchers with backgrounds in AI, full-stack development, and smart contracts, Sensitrust benefits from the founders' extensive experience and vision. Their academic and research expertise, combined with the involvement of experts and advisors in blockchain, AI, and various job market fields, positions Sensitrust as a forward-thinking solution to modern job market challenges.

Sensitrust employs a multifaceted approach to ensure the security and integrity of its platform, leveraging both Blockchain and Artificial Intelligence (AI) technologies. The platform's security framework is designed to protect user data and transactions, fostering a safe environment for both customers and professionals engaging in various projects.

The use of Blockchain technology is central to Sensitrust's security strategy. This technology underpins the platform, providing a decentralized and transparent system where transactions and interactions are recorded on a distributed ledger. This not only enhances transparency but also significantly reduces the risk of fraud and unauthorized access, as altering any information would require consensus across all network participants.

In addition to Blockchain, Sensitrust incorporates AI to further secure the platform and streamline its operations. AI methodologies are integrated to automate and optimize the verification processes, such as certifying the identity and reputation of professionals on the platform. This ensures that only qualified individuals participate, enhancing the reliability of the services offered.

Smart contracts play a crucial role in securing agreements between customers and professionals. These digital contracts are self-executing, with the terms of the agreement directly written into code. They facilitate, verify, and enforce the negotiation or performance of a contract autonomously. Smart contracts ensure that all parties adhere to the agreed terms, with automatic enforcement of penalties for delays and rewards for early delivery, thereby guaranteeing satisfaction and adherence to project specifications and constraints.

Furthermore, Sensitrust adopts rigorous encryption technology and implements strict access controls to safeguard personal information and prevent unauthorized data access. While it acknowledges that no data transmission over the internet can be guaranteed as completely secure, these measures significantly mitigate potential security risks.

It's important for users to conduct their own research and understand the security features and measures implemented by platforms like Sensitrust before engaging in transactions or sharing personal information.

Sensitrust aims to revolutionize the job marketplace by leveraging blockchain technology, smart contracts, and artificial intelligence (AI). This innovative platform is designed to facilitate a secure and transparent environment where customers and professionals can connect, negotiate, and collaborate on various projects across multiple industries, including IT, education, and banking/trading.

At its core, Sensitrust will enable users to hire teams composed of one or more professionals from a comprehensive catalogue. This is facilitated through a unique approach where customers can set up a "Call To Action," outlining available funds, time constraints, and specific project requirements. This method ensures that projects are matched with the most suitable professionals, fostering efficiency and satisfaction on both ends.

The platform's integration of blockchain technology enhances safety and transparency, significantly reducing the need for a centralized entity to manage information. This decentralization is crucial in certifying the identities and reputations of professionals, thereby guaranteeing that project specifications and constraints are met satisfactorily.

Sensitrust's adoption of smart contracts is a game-changer, allowing for the definition and verification of agreements in working relationships. These contracts govern agreements, quality of results, temporal constraints, checkpoints, and revisions in a decentralized, immutable, and certified manner. Moreover, the platform's innovative approach includes setting a maximum number of revisions allowed for each project, along with penalties for delayed delivery and rewards for early delivery, ensuring accountability and motivation among professionals.

The SETS token, Sensitrust's utility token, plays a pivotal role in accessing platform services at discounted rates. These services include membership subscriptions, platform consultancy, product/service guarantees, and in-platform training, among others.

Sensitrust also emphasizes professional growth and learning by providing resources and opportunities for users to enhance their skills and knowledge. This aspect is particularly beneficial in keeping the workforce updated with the latest trends and technologies, thereby increasing their value in the job market.

In conclusion, Sensitrust is not just a job marketplace but a comprehensive ecosystem designed to improve the way professionals and customers interact, collaborate, and grow together. Its foundation on blockchain and AI technologies ensures a secure, transparent, and efficient platform that addresses many of the current challenges in the job market. As always, potential users should conduct their own research before engaging with the platform to ensure it meets their needs and expectations.

Sensitrust has not experienced any major events that have significantly altered its course or impacted its development in a notable way. The project, however, has been steadily progressing since its inception. Launched in 2019 by a team of academic researchers with backgrounds in artificial intelligence (AI) and blockchain technology, Sensitrust aims to revolutionize the job market by leveraging these technologies to enhance safety, transparency, and efficiency in professional engagements.

The platform is designed to facilitate the connection between customers and professionals, allowing for the formation of teams, the setting of project-specific calls to action, and the establishment of clear, smart contract-governed agreements. This innovative approach ensures that all parties involved in a project are held to their commitments, with mechanisms in place for managing delays, ensuring quality, and rewarding timely or early completion.

Sensitrust's use of blockchain technology not only fosters a secure and transparent environment but also integrates AI to optimize the matching of professionals with projects, verify identities and reputations, and ensure that project outcomes meet predefined specifications and constraints. The SETS token, a utility token on the Ethereum platform, plays a crucial role in accessing these services, offering users discounted rates on membership subscriptions, consultancy services, product or service guarantees, and in-platform training opportunities.

Despite the absence of headline-grabbing events, Sensitrust's steady development and the continuous enhancement of its platform demonstrate the project's commitment to its vision. The integration of AI and blockchain technologies to address current job market challenges represents a forward-thinking approach, with the potential to significantly impact how professional services are contracted and delivered in the future.

As with any investment in cryptocurrencies or blockchain projects, potential investors should conduct thorough research to understand the risks and opportunities associated with Sensitrust and its utility token.