Executive Summary
Vision
The Professional Consensus Network (PRC7NET) is a blockchain-native token ecosystem designed to transform professional recruitment, networking, and credential verification into a truly trustworthy, merit-driven market. Built on Solana, PRC7NET establishes a decentralized verification network where qualified professionals build verifiable reputations, provide peer-backed recommendations, and participate in consensus-driven validation of credentialsβeffectively eliminating the friction, fraud, and information asymmetry that plague traditional professional hiring and networking.
Inspiration & Origins
PRC7NET was born from hard-won experience in professional recruitment. As a seasoned software architect and hiring manager, the creator repeatedly encountered sophisticated fraud and manipulation from offshore outsourcing shops, credential fraudsters, and bad-faith actors masquerading as qualified professionals. Despite due diligence and reference checks, dishonest candidates slipped throughβcosting time, money, and team integrity.
This repeated frustration led to a critical realization: the problem is structural. Centralized hiring platforms and traditional reference systems lack the transparency, verification depth, and accountability mechanisms needed to prevent fraud at scale. The solution requires a decentralized, consensus-driven approach where the professional community itself becomes the guardian of integrityβmaking dishonesty economically unviable and reputationally catastrophic.
PRC7NET is the answer: a blockchain-native network where verified professionals collectively validate each other's qualifications, making the market resistant to manipulation, fraud, and unqualified imposters.
Core Goals
- Make professional recruitment and hiring truly professional and merit-driven
- Increase participant trust through transparent, immutable verification records
- Dramatically reduce hiring and collaboration risks via consensus-validated qualifications
- Eliminate unqualified scammers, fraudsters, and manipulators from the professional ecosystem
Main Technology: The Professional Consensus Network leverages Solana's Proof of History for immutable timestamping and employs human consensus-based evaluation to verify professional qualifications and skill levels, ensuring trustworthy credential validation through decentralized peer assessment.
Unlike traditional hiring platforms where credentials are centralized and vulnerable to fraud, PRC7NET implements a novel approach: private credentials stored locally with cryptographic proof on-chain. Only cryptographic hashes and digital signatures of professional achievements are recorded on the blockchain, ensuring privacy while maintaining an immutable verification trail.
π Key Innovation: Privacy-First Verification
- No private data on blockchain - Certificates, diplomas, and personal information remain on user devices
- Immutable proof - Cryptographic hashes and signatures prove document authenticity
- Decentralized trust - Community consensus validates professional claims
- Portable credentials - Users own their professional history and can share it with any employer
- Zero-knowledge verification - Prove qualifications without exposing sensitive information
Token Parameters
| Parameter | Value | Purpose |
|---|---|---|
| Token Name | Professional Consensus Network | Official name |
| Token Symbol | PRC7NET | Trading symbol |
| Total Supply | 88,888,888 PRC7NET | Fixed, immutable |
| Decimals | 9 | Solana standard |
| Network | Solana (Devnet & Mainnet) | Blockchain |
1. Problem Statement
Current Hiring Ecosystem Challenges
π¨ 1.1 Credential Fraud
- 34% of job applicants lie on their resumes (SHRM)
- Fake diplomas and certifications cost employers billions annually
- No standardized way to verify claimed qualifications
- Background checks are slow, expensive, and often inaccurate
π 1.2 Information Asymmetry
- Employers lack reliable data about candidate skills and actual experience
- Candidates cannot reliably verify peer experience
- Recommendations are informal and unverifiable
- No standard skill level rating system across industries
π 1.3 Centralized Data Risks
- LinkedIn, Indeed, and other platforms control all professional data
- Account bans mean loss of entire professional history
- Privacy concerns about data monetization
- Vendor lock-in prevents portable credentials
β±οΈ 1.4 Inefficient Hiring Process
- Recruiters spend weeks verifying qualifications
- High cost of verification through background check services
- Job history gaps difficult to explain credibly
- Skills assessment relies on interviews alone
π 1.5 Scam Rings and Collusion
- Organized fraud rings create fake references
- Circular voting in referral systems inflates credentials
- Collusive recommendations have no real value
- No mechanism to detect organized fraud
2. Consensus-Driven Professional Verification Solution
2.1 The PRC7NET Approach: Decentralized Verification at Scale
PRC7NET introduces consensus-driven professional verificationβa cryptographically secured, community-validated network where qualified professionals collectively validate each other's qualifications, making the market resistant to manipulation, fraud, and unqualified imposters.
2.2 Core Solution Mechanisms
β Verifiable Professional Identity
Participants build on-chain professional profiles with attested credentials, verified qualifications, and tracked work history. Every claim is cryptographically signed and consensus-validated.
- On-chain user profiles with category levels and regional context
- Attested identity gating (cryptographic proof of professional qualifications)
- Immutable history of all professional claims and approvals
- Portable credentials owned by the professional (not locked to centralized platform)
β Peer-Backed Consensus Endorsements
Qualified professionals recommend peers through a category-based approval system. Higher-level claims require consensus from multiple verified approvers, making false recommendations economically and reputationally costly.
- Explicit approver sets sized by bootstrap rules (0..16 approvers; exactly 7 for large groups)
- Higher-than-existing-level requests require unanimous approval (N-of-N consensus)
- Whale override mechanism: approvers with β₯1% of total supply can approve regardless of category level
- Token-based approver incentives: payouts for validation work
- Region and category consistency enforced on-chain
β Fraud Prevention & Community Guardianship
The network incentivizes honest participation through token-based rewards and reputation mechanics. Dishonest actors (scammers, fraudsters, manipulators) are identified and excluded by the community before they can cause harm.
- Graph-based voting ring detection (SCC detection algorithm)
- Cooldown periods (1 week minimum between approvals)
- Confirmation quotas (max 77 per 3-month window)
- Mutual voting and collusion detection
- Risk scoring for suspicious patterns
- Community exclusion of bad actors through consensus
β Transparent, Immutable Trust Trail
All approvals, endorsements, and reputation signals are recorded on-chain, creating an immutable audit trail accessible to employers, clients, and partners.
- Every approval vote stored and timestamped on-chain
- Approval audit trail with voter identity and rationale
- Vote-time eligibility checks enforced (β₯1000 PRC SPL balance for standard approvers)
- Cryptographic signatures prevent vote tampering or forgery
- Public ledger accessible via Solana explorer for full transparency
2.3 Decentralized Storage of Professional Credentials
PRC7NET enables decentralized storage and verification of professional certificates, diplomas, and qualifications using a privacy-first, cryptographically secured approach powered by Solana's Proof of History consensus mechanism:
π Privacy-First Credential Verification
- Local Storage: Original documents (certificates, diplomas, work history) remain securely stored on user devices
- Cryptographic Proof: Only SHA-256 hashes and digital signatures of qualifications are recorded on-chain
- Immutable Timestamp: Solana's Proof of History (PoH) consensus creates unforgeable, cryptographically verified proof that a credential existed at a specific time
- Tamper Detection: If a credential is modified, the hash changes, immediately proving tamperingβmaking fraudulent document forgery detectable on-chain
- Zero-Knowledge Verification: Prove qualifications exist and are authentic without exposing sensitive personal data
- Portable & Owned: Credentials belong to the professional, not to a centralized platformβthey can be shared with any employer or client
2.4 How Solana Proof of History Powers Decentralized Trust
Solana's Proof of History (PoH) is the cryptographic backbone that makes PRC7NET's decentralized credential verification possible:
- Immutable Timestamping: PoH creates a cryptographic proof that an event occurred at a specific moment in time, without requiring additional consensus rounds
- Ordering Guarantee: All credential hashes and approvals are ordered chronologicallyβimpossible to reorder, backdate, or remove from the ledger
- Scalability: PoH enables high-throughput credential verification without sacrificing security or decentralization
- Cost Efficiency: Low transaction fees make credential verification economically viable at global scale
- Finality: Once a credential hash is recorded, it is final and irreversibleβno reversal attacks possible
2.5 Key Benefits of the Consensus-Driven Approach
- Trust at Scale: Move beyond single-source references to multi-party consensus validation
- Risk Mitigation: Reduce hiring and collaboration risks through transparent, verified professional networks
- Market Efficiency: Match qualified talent with opportunities faster and with higher confidence
- Decentralized Governance: Community-driven verification replaces centralized gatekeepers
- Fraud Immunity: Economic and reputational mechanisms make deception unsustainable; bad actors are identified and excluded before causing harm
- Data Ownership: Professionals own their credentials and can carry them across platforms and companies
- Transparency: All approvals recorded on-chain, creating an immutable audit trail for employers and partners
3. Project Goals & Vision
2.1 Seven Interconnected Core Goals
Goal 1: Professional Network Based on Consensus β
Create a decentralized professional network where professional claims are validated through network consensus and participation is incentivized through fee-based approver payouts.
- Token holders must meet minimum balance requirements to participate
- Participation incentivized through category request fee payouts to approvers
- Multi-step approval processes ensure quality
- Regional voting restrictions prevent centralized control
Goal 2: Prevent Scammers During Job Application β
Implement anti-fraud mechanisms to eliminate false claims through cryptographic proof and multi-validator consensus.
- Graph-based circle detection: Identifies voting rings and collusive groups
- Smart scoring algorithm: Calculates risk scores for suspicious voting patterns
- Cooldown periods: Prevents rapid-fire fake confirmations (1 week between confirmations)
- Confirmation limits: Max 77 category confirmations per 3-month period
- Mutual voting detection: Identifies reciprocal voting fraud patterns
Goal 3: Recommendation Network with Approval & Voting β
Build a transparent recommendation system based on consensus with multiple permission levels.
- 100 Category Levels - Professional qualifications granted and approved by network (Developer, Manager, Consultant, etc.)
- Voting System - Each voter rates targets 0-100 per category level
- Permission Levels - User, Voter, Approver, Admin with different capabilities
- Approval Process - Explicit approver set sized by on-chain bootstrap rules (0..16; exactly 7 for large groups), majority or unanimous depending on request
Goal 4: Easy Search for Required Professionals β
Create powerful search and discovery across verified professionals by qualification, skill level, and region.
- Search by category level (100 professional qualifications)
- Search by skill rating (0-100 scale)
- Filter by region (9 geographic regions globally)
- Find approved professionals instantly with verification status
Goal 5: Log Job History with Exact Skill Levels β
Maintain permanent, verifiable employment and skill records with immutable history.
- Every professional claim creates immutable history on blockchain
- Skill ratings tracked over time with historical accountability
- Employment history visible and portable
- No gaps possible (every claim requires consensus approval)
Goal 6: Improve Hiring Process with Proven Records β
Reduce hiring friction and improve candidate quality through blockchain-verified history.
- Background checks completed instantly via blockchain
- No expensive verification services needed
- Candidate history matches public record
- Reduced hiring time = lower hiring costs ($2,000-3,000 per hire saved)
Goal 7: Secure Professional Achievement Tracking β
Create tamper-proof system for tracking professional accomplishments using hashed/signed approach.
- Certificates, diplomas, achievements signed and hashed
- Only cryptographic proof stored on-chain
- Original documents remain private on user device
- Selective disclosure (users choose what to share)
4. Professional Category System
3.1 Category Structure
The PRC7NET system features a flexible category system where professionals can earn levels in specific skills or professions. Categories are defined by strings such as "Java", "Python", "Project Management", etc., and each category has an associated level from 0 to 100, indicating the professional's experience and skill level.
π Category Definition
A Category is a specific professional skill or qualification that can be:
- β Granted to professionals by the network (through voting)
- β Required to approve other professionals (higher levels can approve lower)
- β Verified through multi-validator consensus
- β Tracked historically on blockchain
- β Rated by other professionals (0-100 scale)
- β Region-restricted (geographically limited voting)
3.2 Category Levels
Each category level ranges from 0 to 100, where:
- 0-10: Beginner level, basic knowledge
- 11-30: Intermediate level, practical experience
- 31-60: Advanced level, significant expertise
- 61-90: Expert level, deep specialization
- 91-100: Master level, recognized authority
3.3 Category Grant Process
Example Career Path with Categories:
βββββββββββββββββββββββββββββββββββββββββββββββ
Professional: Software Developer
Categories:
ββ Java (Level 85)
β ββ Vote received: 45 (avg rating: 92/100)
β ββ Approvers: 9
β ββ Status: β
APPROVED
β
ββ Python (Level 72)
β ββ Vote received: 38 (avg rating: 88/100)
β ββ Approvers: 8
β ββ Status: β
APPROVED
β
ββ Project Management (Level 45)
β ββ Vote received: 22 (avg rating: 78/100)
β ββ Approvers: 7
β ββ Status: β
APPROVED
β
Result: Full professional history on blockchain
Portable across employers
Instantly verifiable by any recruiter
3.4 Category-Based Permissions
π Who Can Vote on a Category?
- Anyone with that category level
- Must have minimum 1,000 PRC7NET balance
- Must be in same geographic region
- Not involved in fraud circles
β Who Can Approve a Category?
- Only those with rating > 50 in that category
- Must have higher category level (approving lower)
- Requester provides an explicit approver list with an on-chain required size (0..16; 7 for large groups)
- Majority must vote yes for approval (floor(N/2) + 1)
3.5 Rating Distribution Across Categories
Each professional can hold multiple category levels, each with its own rating:
Professional "Alice" Portfolio: βββββββββββββββββββββββββββββββββββββββββ Developer Category (Level 20): ββ Votes received: 142 ββ Average rating: 88/100 ββ Status: β Approved β Blockchain Expert Category (Level 40): ββ Votes received: 89 ββ Average rating: 91/100 ββ Status: β Approved β Manager Category (Level 30): ββ Votes received: 45 ββ Average rating: 82/100 ββ Status: β Approved β Overall Network Reputation: Strong Trustworthiness Score: 87/100 Fraud Risk: 3/100 (very low)
5. Smart Contract Rules and Validations
The ProfI-Coin smart contract implements comprehensive validation rules to ensure network integrity, prevent fraud, and maintain decentralized consensus. These rules are organized hierarchically from broad account checks to narrow vote-specific validations.
4.1 Key Constants and Parameters
| Parameter | Value | Description |
|---|---|---|
| Decimals | 9 | Lamports per PRC7NET token |
| Minimum Balance to Join | 10 PRC7NET | Required for user registration |
| Voting Balance Requirement | 1,000 PRC7NET | Minimum balance to vote |
| Admin Percentage | 1% | Admin fee on category grants |
| Voting Reward per Vote | 0.1 PRC7NET | Reward for voting (implemented) |
4.2 User Registration Rules
- Minimum balance: β₯ 10 PRC7NET (10,000,000,000 lamports)
- Voting enabled: false (enabled after first category grant)
- Joined timestamp: current timestamp
4.3 Category Grant Rules
- Authorized by: token holders with minimum balance (10 PRC7NET) or the program authority
- Level range: 1-100
- Voting enabled: set to true after first grant
- Timestamp: recorded at grant time
4.4 Category Request and Approval Rules
- Explicit approver list: provided by requester (size derived by on-chain bootstrap rules; 0..16, and exactly 7 for large groups)
- Fee escrow: requester pays upfront, approvers paid on vote
- Eligibility: approvers must have same category and higher level
- Region check: approvers must be in same region
- Security checks: cooldown, conflict of interest, quota limits
- Threshold: majority vote (floor(N/2) + 1), or unanimous when the request requires it
- Category Upgrade Delay: Users must wait 90 days (3 months) between category level upgrades within the same category to prevent rapid level inflation and maintain credential integrity
- Duplicate Request Prevention: Users cannot request the same category level they already possess or a lower level
π‘οΈ Category Upgrade Protection (New in v2.0)
The 90-day waiting period between category upgrades ensures that professional advancement is measured and prevents gaming of the system. This rule applies across all three validation layers:
- Smart Contract Validation: On-chain enforcement prevents upgrade requests before 90 days elapsed
- API Server Validation: Server-side checks block invalid requests before transaction creation
- Mobile App Validation: Client-side pre-flight checks provide instant user feedback
Example: If you receive BLOCKCHAIN level 50 on January 1st, you cannot request BLOCKCHAIN level 51 or higher until April 1st (90 days later). This ensures consistent, verifiable professional growth.
4.5 Voting System Rules
- Eligibility: same category, voting enabled, minimum balance
- Region restrictions: same region, or level 100 exception
- Rating range: 0-100
- Duplicate prevention: one vote per approver per request
- Level calculation: 1 + (votes_received / 10), capped at 100
4.6 Graph and Circular Voting Detection
- Tarjan's algorithm for strongly connected components
- Cycle detection: SCC with >1 member flagged
- Risk scoring: based on cycle length and connectivity
- Quarantine: suspicious users flagged
6. Privacy & Security Model
5.1 Cryptographic Qualification Verification System (Solution 3)
The PRC7NET system implements a binary-hash verification model (Solution 3) that proves qualification document integrity and provenance without storing the document on-chain. Only a one-way hash (SHA-256) and minimal link metadata are recorded on-chain.
Non-Custodial Design (Mobile-First)
The backend/API never holds user private keys and never submits transactions on behalf of users. It only builds unsigned transactions that the user signs with a mobile wallet, then submits to the Solana network.
Cryptographic Qualification Verification (Solution 3):
βββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
Step 1: Document (On User Device)
βββββββββββββββββββββββββββββββββββββββββββββ
User has: "qualification_diploma.pdf" or "qualification_certificate.pdf" (or any binary file representing professional qualifications)
Step 2: Generate Cryptographic Proof
ββββββββββββββββββββββββββββββββββββββ
Document Hash (expectedHash) = SHA256(document_binary)
= 32 bytes
Step 3: Blockchain Storage (Privacy-Preserving)
ββββββββββββββββββββββββββββββββββββββββββββββββ
Signer creates an on-chain link with:
{
"link_id": "16 bytes",
"expected_hash": "32 bytes",
"signer_pubkey": "Solana public key",
"created_at": "unix timestamp",
"expires_at": "unix timestamp",
"fee_amount_prc7net": "absolute amount, not a percentage",
"is_revoked": false
}
β
Original qualification document NEVER stored on blockchain
β
Only hash and cryptographic proof on-chain
β
Complete privacy with full verifiability
Step 4: Verification by Third Party (Employer / Verifier)
ββββββββββββββββββββββββββββββββββββββββββββββββββββββββ
1. Candidate shares the link_id (or URL containing it)
2. Verifier obtains the document from the candidate off-chain
3. Verifier computes providedHash = SHA256(received_file)
4. Verifier submits an on-chain verification transaction:
- Pays fee_amount_prc7net (PRC7NET) to the treasury
- Program compares providedHash to expected_hash
- Program stores a verification record (who verified, when, match result)
5. Results are publicly auditable without exposing the document
π Key Privacy & Security Features
- Original qualification document remains under user control
- Cryptographic hash is one-way (irreversible)
- Digital signature proves document authenticity
- Verification possible without storing the raw document on-chain
- User selectively chooses which qualifications to share
- No personal identifiable information stored on blockchain
- Ed25519 Signatures: Fast, secure verification using public keys to confirm private key signatures, ensuring identity and integrity via EdDSA on Curve25519. Used in signing/verification: private key signs β public key verifies authenticity and tamper-proofing.
- Tamper detection: Any modification fails verification
- Verification results are immutable and timestamped
5.1.1 Diploma Issuer Authority Integration with Solana Proof of History
The Professional Consensus Network will be integrated with diploma-issuing authorities to enable secure, timestamped storage of qualification documents using Solana's Proof of History (PoH) mechanism, where the same cryptographic verification algorithms are employed to confirm diploma correctness and validity. We are in the process of advertising PRC7NET token for these purposes.
π Solana Proof of History (PoH)
PoH is a novel consensus mechanism developed by Solana Labs that uses a cryptographic function called Verifiable Delay Function (VDF) to generate timestamps for each block in the Blockchain. This provides cryptographically verifiable timestamps that prove the exact order and timing of qualification document issuance.
Diploma Issuer Workflow
- Document Issuance: Educational institutions or certification authorities create qualification documents (diplomas, certificates) and generate cryptographic hashes.
- PoH Timestamping: The issuer submits the document hash to the Solana blockchain, where PoH generates an immutable timestamp proving the exact issuance time.
- On-Chain Registration: The timestamped hash is stored on-chain, creating a permanent, verifiable record of document authenticity and issuance date.
- Integration with PRC7NET: Users can link their PRC7NET verification links to these PoH-timestamped documents, providing multi-layered verification.
π Benefits of PoH Integration
- Immutable Timestamps: Cryptographically proven issuance dates prevent backdating or forgery
- Authority Verification: Only authorized diploma issuers can create timestamped records
- Global Standardization: Consistent timestamping across all qualification documents
- Integration Ready: Seamless connection with PRC7NET verification system
5.1.2 Mobile App Document Verification Flow (Complete)
This section describes the end-to-end process used by a mobile app to create, share, verify, revoke, and expire a verification link. The core principle is non-custodial transaction signing: every on-chain action is signed by the userβs wallet.
Actors
- Signer: the person who creates the link for a document (candidate).
- Verifier: the person who checks the document (employer/recruiter/partner).
- Treasury: receives PRC7NET verification fees.
A) Create + Share (Signer)
- Prepare the document: Select and prepare the qualification document for verification.
- Configure verification settings: Set expiration date and verification fees as needed.
- Create verification link: Generate a secure link through the application that contains the document's cryptographic proof.
- Share the link: Send the verification link to the intended recipient (employer or verifier).
B) Verify + Pay (Verifier)
- Fetch link metadata (optional): verifier can query the chain for
expectedHash,expiresAt,isRevoked, andfeeAmountPrcusing a read-only endpoint. - Receive the document off-chain from the signer and compute
providedHash = SHA256(fileBytes). - Build verification transaction: the API prepares an unsigned βverifyβ transaction that transfers
feeAmountPrcPRC7NET from verifier to treasury and performs the on-chain hash comparison. - Sign and submit the transaction in the verifierβs wallet.
- Read the result: the program records a verification event (participant, timestamp, and whether
providedHash == expectedHash).
C) Revoke (Signer) - Implemented
- The signer can revoke a link at any time by signing and submitting a βrevoke linkβ transaction.
- After revocation, verification attempts will fail on-chain with a revocation error.
- Revoked links remain on-chain but are marked as invalid, maintaining audit trail integrity.
D) Expire (Automatic)
- After
expiresAt, the program rejects further verification attempts. - No document data is stored on-chain before or after expiry; only the hash and verification metadata exist.
5.2 Anti-Fraud: Graph-Based Circular Voting Detection
PRC implements sophisticated graph-based fraud detection to prevent organized fraud rings and collusive voting patterns:
Circular Voting Detection & Prevention: βββββββββββββββββββββββββββββββββββββββββ Detection Method: Graph Analysis Algorithm ββββββββββββββββββββββββββββββββββββββββββββ Monitor voting relationships as directed graph: Alice (β) βββ Bob (β) βββ Charlie (β) β β βββββββββ Eve βββββββ Diana Analysis Steps: 1. Build directed graph of all vote relationships 2. Identify strongly connected components (voting circles) 3. Calculate circle score based on density and size 4. Flag when circle_score > threshold (3) 5. Auto-flag fraud risk and trigger review Result: Ring Detection β Fraud Prevention β Example: 5-person fraud ring attempt ββ Alice votes for Bob (fraudulent) ββ Bob votes for Charlie (fraudulent) ββ Charlie votes for Diana (fraudulent) ββ Diana votes for Eve (fraudulent) ββ Eve votes for Alice (fraudulent) ββ DETECTED & BLOCKED β
π‘οΈ Comprehensive Anti-Fraud System
- Graph-Based Analysis - Detects voting rings in 100+ node networks
- Circular Voting Detection - Identifies voting circles of any length
- Mutual Voting Prevention - Blocks AβBβA reciprocal patterns
- Risk Scoring Engine - Calculates 0-100 fraud risk score per user
- Confirmation Rate Limits - Maximum 77 confirmations per 3-month period
- Voting Cooldown Periods - 1-week mandatory minimum between successive approvals
- Multi-Approver Consensus - Explicit approver list sized by on-chain rules (0..16; 7 for large groups)
- Regional Voting Restrictions - Approvers must match requester region
- Category Level Requirements - Approver level must exceed requested level
5.3 Financial Integrity & Wash Trading Prevention
In addition to consensus validation, the PRC7NET ecosystem employs a specialized Token Transfer Analysis Engine to detect and prevent "Wash Trading"βthe practice of artificially generating activity volume.
Why this matters
Wash trading falsifies token velocity metrics and can be used to manipulate market perception. Our system uses the same graph-theory principles used in voting analysis to detect circular financial flows.
Financial Cycle Detection Algorithm: ββββββββββββββββββββββββββββββββββββ Step 1: Transaction Scanning βββββββββββββββββββββββββββββ β’ System monitors SPL Token Transfers for the PRC7NET Mint β’ Aggregates flow: Wallet A -> Wallet B (Amount match/time window) Step 2: Cycle Identification βββββββββββββββββββββββββββββ β’ Detects closed loops: A sends to B, B sends to C, C sends to A β’ Analyzes "boomerang" transactions: A sends to B, B returns to A Step 3: Enforcement (Quarantine) βββββββββββββββββββββββββββββββββ β’ Flagged wallets are added to the "Suspicious" list β’ Smart Contract 'quarantined' flag is activated β’ Token-2022 Transfer Hook automatically blocks future transfers
7. Token Economics & Fees
PRC7NET is a utility token used to participate in the network and to pay protocol fees for verification services. The system is designed to avoid interest-bearing mechanics and focuses on pay-for-service flows that can be audited on-chain.
6.1 Fee Overview
| Fee Type | Payer | Amount Model | Destination / On-chain Effect |
|---|---|---|---|
| Category Request Fee | Requester | Configured in the on-chain token economy configuration | Funds consensus operations (e.g., treasury and incentive routing) |
| Document Verification Fee (Solution 3) | Verifier | Fixed PRC7NET amount per link (not a percentage) | Transferred to the treasury during verification |
6.2 Category Request Fee Model
Fee-based incentives (current model)
- Fee charged immediately when a category request is created (in PRC7NET tokens).
- Explicit approvers: requester provides an explicit approver list sized by on-chain rules (0..16; 7 for large groups).
- Pay-on-vote: each approver earns a fixed share of the fee when they submit a vote (YES or NO).
- Treasury funding: the remainder is routed to treasury immediately; any unpaid escrow remainder is swept to treasury on approval or expiry.
- No burns and no refunds are assumed for fee payments.
6.3 Document Verification Fee Model (Solution 3)
Fixed Fee Per Verification
- The signer sets the fee when creating a document link:
feeAmountPrc. - The verifier pays the fee when verifying the document: the program transfers exactly
feeAmountPrcPRC to the treasury. - Not percentage-based: the fee is an absolute PRC7NET amount stored on-chain per link.
- Auditability: each verification creates an on-chain record (who verified, when, and whether the hash matched).
- Decimals: PRC7NET uses 9 decimals on Solana; on-chain amounts are stored in the smallest units (integer base units).
8. Real-World Use Cases
7.1 Hiring Professional Scenario
β Traditional Hiring (2-3 weeks)
- Candidate submits resume
- Recruiter initiates background check
- Wait 2-3 weeks for verification
- Uncertainty about accuracy
- Cost: $100-300 per verification
- Risk: 10% chance of fake credentials
β PRC7NET Network Hiring (Instant)
- Candidate shares PRC7NET profile
- Check blockchain instantly
- All categories: β APPROVED
- Vote scores: 85-92/100 per category
- Cost: $0
- Risk: 0% (fraud detection prevents fakes)
7.2 Professional Recommendation Network
CEO searching for technical advisor: βββββββββββββββββββββββββββββββββββββββββ GET /api/search?category=Consultant&minRating=85®ion=Europe Result: Name: Alice (anonymized) ββ Developer (92/100) - 147 votes ββ Blockchain Expert (88/100) - 94 votes ββ Manager (85/100) - 62 votes ββ Fraud Score: 2/100 (very safe) ββ Region: Europe ββ Recommended Action: Hire with confidence β Background verified: Instant Certainty level: 99%
6.3 Qualification Verification for Job Applications
π Streamlined Job Application Verification
Job applicants can now share their verified qualifications and digitally signed resumes with confidence. Employers use Solana's Proof of History (PoH) consensus to verify qualification levels through tamper-proof historical records, ensuring authentic work experience validation.
π For Job Applicants:
- Share a list of your confirmed PRC7NET qualifications
- Include your digitally signed resume
- All data remains private and under your control
π’ For Employers/Reviewers:
- Use Solana PoH to verify qualification levels instantly
- Access protected historical records of work experience
- Confirm authentic candidate backgrounds with cryptographic certainty
- Data protection prevents unauthorized modifications
β¨ Benefits
- Instant Verification: No more waiting for background checks
- Tamper-Proof Records: PoH ensures data integrity
- Privacy-First: Candidates control their information
- Trustworthy Hiring: Verified work experience at your fingertips
9. Development Roadmap
Phase 1: Foundation β COMPLETE
- Smart contract compiled and verified (zero errors)
- Consensus voting system fully operational
- 5-tier hierarchical validation rules implemented (16 rules total)
- Circular voting detection with fraud risk scoring
- Category expertise level initialization (independent, decentralized)
- Multi-user voting and approval workflow validated
- Category request fee model implemented (pay-on-vote)
- Token supply: 88,888,888 PRC7NET
- Configuration management system (single-source-of-truth)
- Anti-fraud mechanisms fully integrated and tested
Phase 1B: Advanced Security β COMPLETE
- Solution 3: Binary signature verification system
- Cryptographic proof-of-ownership for credentials
- Digital signature validation for document authenticity
- Ed25519 signature scheme implementation
- Document hash verification (SHA-256)
- Selective credential disclosure framework
Phase 2: Enhancement β COMPLETE
- User interface (web application)
- Mobile wallet integration
Phase 3: Scaling π§ UNDER DEVELOPMENT
- Advanced category management dashboard
- Professional search and discovery interface
- Credential verification portal
- Regional governance interfaces
Phase 4: Ecosystem (Q3-Q4 2026)
- Third-party developer API
- Browser extension
- Regional expansion
- University partnerships
- Enterprise subscriptions
10. Conclusion
The Professional Consensus Network (PRC7NET) represents a fundamental shift in how professional credentialing and hiring work. By combining blockchain's immutability with cryptographic privacy, PRC7NET enables a trustworthy ecosystem where:
π― Completed Implementation Features
- Zero-fraud hiring through multi-user consensus-based verification
- Cryptographic credential verification with Solution 3 binary signature system
- Privacy-preserving architecture: Only hashes and signatures on blockchain
- Decentralized category expertise initialization (independent, no admin required)
- Advanced circular voting detection with fraud risk scoring algorithm
- 5-tier hierarchical validation system with 16 comprehensive rules
- Fee-based incentives for approvers with voting rewards (0.1 PRC7NET per vote)
- Complete governance through democratic community consensus
- Flexible category system with levels 0-100 for comprehensive qualification tracking
- 9 geographic regions ensuring distributed trust and regional governance
- Automated configuration management for multi-network deployment
- Comprehensive test infrastructure with validated consensus workflows
- Signature revocation system - implemented on-chain link revocation with audit trail
- 90-day category upgrade delay - three-layer validation (smart contract, API, mobile) prevents rapid level inflation
Vision Statement
The PRC7NET ecosystem will create the most trustworthy professional network in the worldβwhere credentials are cryptographically verified, fraud is impossible, and hiring decisions are made with perfect information.
Appendix: System Parameters
Network Configuration
- Blockchain: Solana
- Token Standard: SPL Token-2022
- Category Levels: 100 levels (0-99)
- Rating Scale: 0-100
- Approver List Size: 0-16 approvers (7 for large groups)
- Approval Threshold: Majority vote or unanimous when required
Geographic Regions (10 Regions)
- Europe
- South America
- North America
- Korea
- Japan
- Asia
- Africa
- Australia
- China
- EMEA (Other areas not explicitly listed)
Security Standards
- Digital Signatures: Ed25519 (RFC 8032)
- Cryptographic Hashing: SHA-256 (FIPS 180-4)
- API Security: OWASP Top 10 compliance
- Rate Limiting: 100 requests/minute per user
- Transport Encryption: HTTPS/TLS