SEOUL--(BUSINESS WIRE)--“We believe that everyone should be evaluated for their talent and skills, not for fake degrees or recommendations simply written on a resume. Blockchain technology is the perfect solution to storing verified information of such nature,” says Alfio Bardolla, the founder of Skillchain and SKI.

Skillchain’s final goal is to globalise the “Life Skill Passport,” a personal profile for each individual certifying all their credentials, academic or otherwise. Certificates by training courses, skills gained through on-the-job experience, professional role history and even received recommendations will all be verified by the Skillchain protocol. Through the platform, universities and non-academic institutions alike will be able to store data such as diplomas, e-learning courses, and in-class personal development training programs, giving recruiters with the SKI tokens access to this information. The use of the platform can even extend to educational institutes that aren’t necessarily of higher learning-- students may also submit their admission candidacies via Skillchain, confident in the fact that they will be evaluated on exclusively scholastic merit.

The Skillchain solution creates a whole new ecosystem within the blockchain technology. It introduces a non-partisan verification system to the education world that is reliable and transparent. It connects private and public training institution with companies and recruiting firms, and it gives everyone the opportunity to create their own personal Life Skill Passport profile with instant certification of acquired skills and training.

Alfio Bardolla, founder of Skillchain, is an entrepreneur, a best-selling personal finance book author and a financial coach. The go-to guy for anyone who sets out to dramatically improve their financial standing, Bardolla is also founder and master trainer of Alfio Bardolla Training Group S.p.A., a leading personal finance training business in Europe. Owner and founding member of several companies listed on the stock exchange in Milan and London, Bardolla’s net worth is estimated to be around $40 million.

Next stop Seoul, South Korea

Skillchain’s ICO (Initial Coin Offering) has been confirmed as a finalist in the d10e Decentralization conference against 18 other highly ranked projects. D10e is one of the most well-known blockchain conferences globally, as it attracts the best speakers and investors. The winner of the ICO competition receives actual capital investment from the judges and the Blockchain Investment Consortium (BIC), who has already invested significantly in some of the most successful ICOs around. “I believe Skillchain was selected among the finalists because the way we plan to use the blockchain technology matches the needs and the requirements of a decentralized service, which will benefit all parties involved: universities and educational institutes, companies looking to hire new people and job seekers and professionals,” says Alfio Bardolla.