ICO Watch: LinkedIn Co-Founder Creating Hub Token, a New Blockchain Startup

Published on by Cryptoslate | Published on

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Hub is a project engaging in the brave task of facilitating trust across the internet.

The Human Trust Protocol seems to follow in the vein of projects such as Civic or other identity coins, which rely on the self-sovereign identity principle to form an encrypted container of sorts.

Not an entirely new idea, but it's one that generates a lot of discussions and has some unusual use cases - take the gig economy, for instance.

Being able to provide verifiable attestations for projects done, without necessarily needing to disclose the project could be a valuable resource in a freelancer's toolkit.

Hub's whitepaper details how an interaction between a contractor and a client would take place.

Both parties would stake tokens, recorded on the Hub ledger.

The Hub platform appears to find its place in the space between centralization and decentralization, taking elements from both.

We will be watching in anticipation as more details about the project become available in the coming months.

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