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Coinbase founder explores a Web3 version of LinkedIn to empower job-seeking users

Brian Armstrong, co-founder of Coinbase, proposed a Web3 variant of LinkedIn to revolutionise the verification of employment and credentials.

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Brain Armstrong to explore web3 version of Linkedinweb3
Brain Armstrong to explore web3 version of Linkedin
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New Delhi, UPDATED: Sep 9, 2023 12:00 IST

Highlights

  • Coinbase’s core offerings highlights the company’s broader vision for the crypto system
  • Armstrong also shared his vision for a marketplace connecting individuals with crypto jobs world wide

Brian Armstrong, who is the co-founder of Coinbase, one of the leading crypto exchanges globally, is exploring innovations to build a web3-based version of LinkedIn where companies can issue soul-binding NFTs (non-fungible token) to verify employment and qualifications.

This innovation could potentially replace current resume verification processes by offering a secure and transparent way to certify professional credentials. Armstrong's statement is in line with what he said in a blog post and presentation he gave on 30 August about the crypto future.

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He talked about a bunch of ideas that could revolutionise the digital asset market, and the importance of having a good ecosystem outside of Coinbase's core products.

Web3 LinkedIn concept

Of all the concepts discussed by Brian Armstrong, the one that stands out is the concept of Web3 LinkedIn. This implies that blockchain and Web3 principles can be combined to create a professional networking platform. This opens up new doors for decentralised identity and job opportunities in the crypto industry.

Collaboration with X (formerly Twitter)

Coinbase has also teamed up with X, which used to be known as Twitter, to roll out a job listing service. It's a sign that Coinbase is looking to get more involved in the crypto jobs industry, offering a place for crypto jobs. Innovation beyond core services These developments demonstrate Coinbase’s ambition to innovate and diversify.

By exploring new ideas and partnering, Coinbase seeks to contribute to the development and maturity of the crypto ecosystem. The idea of a web3 LinkedIn and the concept of a global crypto jobs marketplace reflect Coinbase’s desire to expand its role in the ever-changing landscape of digital assets and decentralised technologies.

 

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Published on: Sep 9, 2023 12:00 ISTPosted by: Minaal, Sep 9, 2023 12:00 IST

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