Profede

PROFEDE is a platform built on block chain that empowers the professionals enabling them to decide who to access their data and get paid anytime businesses or projects use their data for any purpose.

PROS:

• Security and professional anonymity: The platform stores public professional data on Ethereum block chain along the encrypted contact information which is unlockable by only the user or an authorized partners hence high data privacy
• Source of livelihood: The professional get compensated in the PATO token upon disclosure of their data hence enabling them to earn a living
• Lower cost: The platform bypasses intermediaries in the professional world  and create direct professional to business and professional to professional interactions hence ensuring data is valuable
• The businesses and other professionals are assured of legitimate access with full certification rating as all the content are documented
• The platform through Applicant Tracking System (TAS) allows candidates to be stored and searched more efficiently hence improving the entire recruiter process and  providing them with more incentives
• The professional have control over their professional data hence they can set their own prices  and therefore will feel fairly compensated very time a business gets in touch with them
• Transparency: The businesses are able to see the professional ratings before handing in any order to decide whether or not to contact them
• The platform promotes search through massive dataset form  the professionals

CONS:

• The platform team members are not readily available as they are far apart from each other and only relies on the advisors
• The transfer using fait currencies are involving as the users are not fully able to make a clear follow up

SUGGESTIONS:

• The team members should set a common centre for the project
• The platform should PATO token should be made fully exchangeable with fiat currencies

The benefits of Profede:

Clearly defined competitive advantages
Well thought-out business plan.

The weaknesses of Profede:

Contradictory marketing strategy
Insufficient understanding of the target audience motivation.

Is Profede a good investment? We are still not sure. This company seems like it could be an excellent idea but at the same time, it might not be. It all really depends on many factors which will determine the future of this company. For example, will Profede be a popular company like LinkedIn? If the company does not get very popular, it will not work.

Why would you use a platform like this if you could find people without having to pay on networks like LinkedIn? While the idea of this company is actually pretty interesting, it is also somewhat flawed unless the company discovers a way to get people to use the platform. An empty platform will not be interesting to anyone.

Because of this, study this company carefully before you will be able to decide if Profede can actually be a great investment for you or not. Our blog is here if you need any more advice about companies which might be very interesting for investors like you. The cryptocurrency market is booming right now and you have to pay attention not to lose the best possible offers on the market at this moment.