Frequently Asked Questions

What is this App 

With the help of this app, it is possible to automatically assemble different teams and remunerate them using crypto-currencies. Through this we want to see to what extent the organizational effort is reduced, better team results are achieved and transaction costs for artists can be lowered. We have developed an algorithm that, based on personal preferences and job performance data, compiles the Absolute Best Team, the Best Team (within budget), the Most Efficient Team and the Cheapest Team. In the near future we will implement different functionalities on top. We will also offer an AI-based Team composition.

What is the purpose and who is researching?

We are scientists at the University of Passau in the fields of management, people and digitalization. The reason why we developed this app is to find out more about how the use of information technologies can help to improve working conditions for artists and the creative industries. Therefore, our goal is on the one hand to find out what impact teams have on topics like performance, inclusion and openness that are automatically suggested. Furthermore, we want to find out to how blockchain technology should be designed and communicated in order to make it efficiently usable for artists.

Where are my data 

All user and survey specific data is stored anonymously on European servers. When creating your profile and those of your employees, we use Universally Unique Identifiers (UUID) to identify the right people. These UUIDs are automatically generated and do not allow any conclusions about persons. Therefore your data and everything you do with this app is anonymous even to us. Although there are no dangers in publishing public keys, we have decided to store the public keys of your employees locally encrypted on your smartphone ton ensure the highest possible security. Thus, the only data stored online on a database are anonymized profile information and your anonymized survey results.

Who can I talk to 

Although the term “we” is used continuously, Manuel Knott is in charge of this project. If you have any questions about the software, idea, implementation or any other area, please contact him: manuel@prolabart.com

Do you make money with this? 

Nope! This app is for free, will always be for free and no one has the interest to change this

What is blockchain technology?

Blockchain is best described as a transparent ledger of digital events between participating parties. The use of blockchain allows monetary transactions to be administered between two or more parties without having to involve a third trusting institution, be it a bank, a legal entity or any other middlemen. A good tutorial video how blockchain technology works can be found on the YouTube Channel of Simply Explained

What is Ethereum?

Ethereum is a distributed public blockchain network that focuses on running the programming code of any decentralized application. More simply, it is a platform for sharing information across the globe that cannot be manipulated or changed.

What is ether? 

Ether is a decentralized digital currency, also known as ETH. In addition to being a tradeable cryptocurrency, ether powers the Ethereum network by paying for transaction fees and computational services. Ether is paving the way for a more intelligent financial platform.

Why Ethereum?

Ethereum (ETH) is a decentralized, open source platform based on a blockchain which, in the form of Smart Contracts, offers every interested developer, every company or every private individual the opportunity to develop and operate their own DApp or even their own decentralized organization (DAO). Ethereum uses the crypto-currency Ether on this platform, which can also be mined for payment processing. Ethereum is useful and valuable because of its ability to have a wide variety of intelligent applications built on top of it, including anything from financial contracts to voting and governance applications. Today, the authentication for these processes can take days or even weeks. With Ethereum, verification is almost instant. As the platform grows, it could continue to change the way we do business and transact on a daily basis. 

What is a wallet and how do I get it? 

The crypto-wallet is a software-based solution for storing virtual currencies. You can imagine it like a combination of your PayPal account and your real wallet.  It is a prerequisite for trading, receiving and sending the crypto-currencies. The wallet is more a place for storing the public and private keys that allow access to the virtual currencies. Public keys are similar in function to the IBAN of a current account. If you want to send money, use the public key of the recipient. The private key is similar to the secret code for the account. You need it to send your crypto money. NEVER PUBLISH OR SEND ANYONE YOUR PRIVATE KEY. PUBLISHING YOUR PRIVATE KEY IS LIKE GIVING YOUR CREDIT CARD NUMBER AND YOUR CARD VALIDATION CODE TO A STRANGER. 

What are keys

A private key is a secret string (key) that allows users to access encrypted information. Most crypto currencies have publicly viewable accounts. Only users with the corresponding private key and the signature generated by it can authorize payments. Private keys act like keys to a safe deposit box and must therefore be kept in a safe place. The actual purpose of public keys is to generate the address that the owner can send to other members of the network to receive transactions at that address. In Short: Private to send.  Public to receive. Private keep safe. Public feel free to share.

How do I get a wallet? 

We suggest to open a Wallet via MEW (https://www.myetherwallet.com), whereby other providers also offer good solutions. Yet, we are convinced that the MEW Wallet offers the best usability and functionality. As soon as you are on myetherwallet.com, the creation of a Wallet is actually self-explanatory. We could also create a wallet for you via the app, but we decided against it. We wanted to leave the sovereignty over your wallet completely to you. Once you have created your wallet, you have to enter your private key for a transaction to be able to make them. To ensure the highest possible security, no private keys are stored on the app in any way and remain in a temporary state until the transaction is completed.

What is a Main- and Test-Net?

When you choose Main-Net you send real Ether. When choosing Test-Net you send fake Ether. The procedure is the same, but we thought you might like the opportunity to familiarize yourself with the Blockchain environment. So use this function as long and as much as you want.

How do I get fake Ether

By providing your public Key to this website here: https://faucet.dimensions.network. Alternative search for terms like: “How to get ROPSTEN ETHER?” You should be able to see your new balance on your ROPSTEN Account Address. (How to change to ROPSTEN using MEW:  https://kb.myetherwallet.com/en/networks-and-nodes/how-to-change-networks/ )

Transaction fees

Each command the virtual machine (we use EtHEREUM) executes costs units. These units are called gas. The app automatically calculates this price for you. This means that you have to pay a kind of fee for every transaction you do. This is necessary to give the nodes in the network a monetary incentive to validate your transactions.But don’t worry, the gas price is usually in the billionth ether range. Which means that we are talking about pennies here.

I have other important frequently asked questions!

Send them! help@prolabart.com

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