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Indorse Partners with DREAM to Verify Reputations Through Blockchain and AI

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Indorse Partners with DREAM to Verify Reputations Through Blockchain and AI

DREAM will collaborate with Indorse to verify freelancer reputation data and build teams, backed by the world’s first combined airdrop.

Singapore  —Indorse, the decentralized social network for professionals, has announced a partnership withDREAM, the world’s leading marketplace for high-end blockchain talent.

The collaboration aims to provide verification for users’ reputations through the creation of certifiable profiles on both platforms, as well as enabling entrepreneurs to raise funding and grow their teams.

Commenting on the partnership, Indorse Co-founder and CEO, Gaurang Torvekar, said: “One of the most challenging obstacles in establishing a business is raising the required funds to make that vision a reality while also building a talented team. This partnership will not only provide job seekers with portable online profiles, but also assist startups in raising the capital required to get off the ground and expand their teams. Blockchain technology is changing the landscape of freelancing communities, and this partnership between Indorse and DREAM will feed into this ecosystem and be the go-to platforms for people to check the credentials of freelancers before hiring them.”

Through this partnership, individuals can showcase their reputation, which has been verified by Indorse, across a number of networks, which will add further credibility when searching for employment or establishing a new business venture. Powered by artificial intelligence, DREAM will draw from Indorse’s skills validator and, in turn, the ratings and performance from DREAM will enhance the claims on an Indorse profile. Both platforms offer users full control over their own data as they build their professional profiles and share skills on their own personalized platform.

Striving to disrupt the $1.5 trillion global gig economy, DREAM is the world’s first blockchain talent agency that enables organisations worldwide to hire high-end, experienced blockchain freelancers, from coders to marketers, and pay both their fee and the freelancers themselves in bitcoin and, in future, DREAM tokens via Moneo’s secure, escrowed payments platform. DREAM, which is part of Asia’s leading accelerator Chinaccelerator, aims to solve the key issues that entrepreneurs and projects face such as building teams, validating ideas, and raising funding.

To underpin the strength of the partnership, both parties are launching the world’s first combined airdrop to grow their communities.

This initiative will provide individuals with the support needed to place themselves at the forefront of incredibly competitive industries. Having handled thousands of projects collectively worth over $8 million USD and received VC investment from SOSV and Artesian, DREAM is a technologically progressive platform that matches hand-picked blockchain talent with the most innovative companies, and we are proud to be collaborating with such a company, ” added Torvekar.

CEO of DREAM, Richard Foster, said, “Reputation is everything, and in a world of deliberate misinformation and manipulable content, anyone can position themselves as an expert.The ability to verify claims and build a credible reputation is paramount when building a team and growing a business, which is why both parties will benefit hugely from this partnership, further tackling the ongoing issue of embellished résumés and the exaggeration of skills in today’s employment market.”

Having launched its MVP on November 28, 2017, just two months after raising $9 million USD in its token sale, Indorse presents a platform where users can build their profiles and profit from their reputation by sharing data and evaluating the claims of other users. Similar to the Proof of Stake mechanism, the Indorse Score allows moderators to stake their reputation on a claim or indorsement, offering users an easy way to earn rewards through a token-based system.

This partnership showcases the potential that blockchain technology and artificial intelligence have in cultivating an ecosystem of creativity, a community built on trust, and a network of opportunity,” Torvekar concluded.

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Women inch towards equal legal rights despite COVID-19 risks, World Bank says

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Women inch towards equal legal rights despite COVID-19 risks, World Bank says 1

By Sonia Elks

(Thomson Reuters Foundation) – Women gained legal rights in nearly 30 countries last year despite disruption due to COVID-19, but governments must do more to ease the disproportionate burden shouldered by women during the pandemic, the World Bank said on Tuesday.

Nations should prioritise gender equality in economic recovery efforts, the bank said, warning that progress on equal rights was threatened by heavier job losses in female-dominated sectors, increased childcare and a surge in domestic violence.

“This pandemic has exacerbated existing inequalities that disadvantage girls and women,” David Malpass, World Bank Group president, said in a statement accompanying the annual “Women, Business and the Law” report.

“Women should have the same access to finance and the same rights to inheritance as men and must be at the centre of our efforts toward an inclusive and resilient recovery from the COVID-19 pandemic.”

A total of 27 countries reformed laws or regulations to give women more economic equality with men in 2019-20, said the report, which grades 190 nations on laws and regulations that affect women’s economic opportunities.

While countries in all of the world’s regions made improvements in the new index – with most reforms addressing pay and parenthood, women on average still have only about three quarters of the rights granted to men, the report found.

Notably, nearly 40 countries brought in extra benefit or leave policies to help employees balance their jobs with the extra childcare needs created by coronavirus restrictions.

But such measures were “few and far between” worldwide and will probably not go far enough to tackle the “motherhood penalty” many women face in the workplace, it said.

The report also noted separate data from a United Nations tool tracking gender-sensitive pandemic responses which found 70% of such measures addressed violence, with just 10% targeting women’s economic security.

The pandemic could result in “a backslide on various hard-won advances in women’s rights achieved in recent years”, said Antonia Kirkland, the global lead on legal equality at women’s rights organisation Equality Now.

“This disruption is a unique opportunity for countries to rebuild more resilient, inclusive and prosperous economies,” she told the Thomson Reuters Foundation by email.

“But this can only be achieved alongside the removal of sex discriminatory laws that prevent women from participating fully and equally in economic, social and family life.”

(Reporting by Sonia Elks @soniaelks; Editing by Helen Popper. Please credit the Thomson Reuters Foundation, the charitable arm of Thomson Reuters, that covers the lives of people around the world who struggle to live freely or fairly. Visit http://news.trust.org)

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Digital health checks vital to travel recovery, Heathrow says

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Digital health checks vital to travel recovery, Heathrow says 2

By Sarah Young

LONDON (Reuters) – Digital health checks will be vital to a recovery in foreign travel from the COVID-19 pandemic, Britain’s Heathrow airport said on Wednesday, after a collapse in passenger numbers saw it plunge to a 2 billion pound ($2.8 billion) loss last year.

The UK government said on Monday trips abroad could restart in mid-May as its vaccination campaign kicks in, sparking a surge in holiday bookings.

It is also looking into a digital health passport or app to help ease restrictions, while conceding the benefits have to be weighed against potential risks to civil liberties.

But Heathrow chief executive John Holland-Kaye said digital technology, and international agreements, would be vital to reviving a travel industry on its knees.

“It’s absolutely critical and that’s one of the main things that government needs to work on,” he said, when asked about a digital health app.

At present, paper checks on COVID-19 test results and passenger locator forms take 20 minutes per traveller at Heathrow, making travel near impossible should passenger numbers rise from current low levels.

Britain’s biggest airport said it was “very likely” people would be able to go on their summer holidays, but expects passenger numbers will take time to recover.

The airport, west of London, is forecasting 25 million passengers in the second half of the year, meaning it would be operating at about 50% capacity.

Heathrow, owned by Spain’s Ferrovial, the Qatar Investment Authority, China Investment Corp and others, last year lost its title as Europe’s busiest airport to Paris after its flight schedules shrank more than those of its rivals.

Passenger numbers plunged 73% to 22 million people last year, with half of those travelling during January and February, before the pandemic shut down global travel in March.

Heathrow said it had 3.9 billion pounds of liquidity, giving it sufficient resources to keep going with low levels of traffic until 2023, despite the 2 billion loss before tax for 2020.

The airport urged the government to provide business tax breaks for big airports, something only available to smaller airports so far, and to extend the furlough job support scheme to help it financially before the recovery takes off.

($1 = 0.7044 pounds)

(Reporting by Sarah Young. Editing by James Davey and Mark Potter)

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Britain’s Heathrow sinks to $2.8 billion loss during pandemic

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Britain's Heathrow sinks to $2.8 billion loss during pandemic 3

LONDON (Reuters) – Britain’s Heathrow Airport plunged to a 2 billion pound ($2.8 billion) annual loss after passenger numbers collapsed to levels last seen in the 1970s during the pandemic.

Heathrow called on the government to agree a common international travel standard to allow passengers to start flying again in the summer and to provide business tax breaks for airports to help them ride out the crisis.

The airport, west of London, is hopeful that travel markets will reopen from mid-May after a government announcement on easing lockdown on Monday.

Still Britain’s biggest airport, Heathrow last year lost its title as the busiest in Europe to Paris as its flight schedules contracted more than its rival’s.

The airport said on Wednesday that during 2020 passenger numbers shrunk 73% to 22 million people, with half of those people having travelled during January and February before COVID-19 shut down global travel.

The airport sunk to a 2 billion loss before tax on revenues which were down 62% to 1.18 billion pounds, but Heathrow said it had 3.9 billion pounds of liquidity and that could keep it going until 2023.

The airport is owned by Spain’s Ferrovial, the Qatar Investment Authority and China Investment Corp, among others.

($1 = 0.7044 pounds)

(Reporting by Sarah Young; Editing by Kate Holton and James Davey)

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