- Project Sela, a CBDC venture, combines the agility of the private sector with central bank oversight.
- The introduction of “Access Enablers” has increased competition and increased security.
Armstrong’s pioneering proposal
Brian Armstrong, the dynamic CEO of popular cryptocurrency exchange Coinbase, recently said: brought it Come up with tons of new ideas that will redefine the cryptocurrency landscape. Armstrong presented 10 innovative proposals on August 30th and has since received tremendous interest from the community.
Shortly after this discovery, Armstrong was flooded with more than 150 project applications in response to his groundbreaking idea. But he didn’t stop there. Soon after, he added an 11th concept to his list, demonstrating his continued commitment to cryptocurrency innovation.
LinkedIn for Web3?
In a move that could revolutionize professional networking, Armstrong pitched the idea of Web3, the equivalent of LinkedIn. The platform uses soul-bound NFTs issued by the company to authenticate employment and credentials. As Armstrong believes, such a system would not only address fraud but also introduce a more transparent way to verify resumes, eventually replacing traditional processes.
Envisioning a multi-pronged solution, Armstrong proposes a platform that would not only serve as a repository for employee and employer information, but also provide the ability for users to create NFTs after confirming their association with the company via domain or email.
The role of cryptocurrency in the job market
Armstrong’s forward-thinking approach extends to the job market as well. During his brainstorming session on the future of cryptocurrency, he revealed his ambitions for the global cryptocurrency jobs market. These marketplaces will not only help users find cryptocurrency-focused roles, but will also drive compensation in cryptocurrencies, bridging the gap between traditional employment and the evolving cryptocurrency ecosystem.