Skill Economy

Definition

An economic model where skills are the primary unit of value. Individuals prove, trade, and build upon skills in a trust-based ecosystem rather than relying solely on formal credentials.

Why it matters

The traditional credential economy (degrees, certifications) is slow, expensive, and often disconnected from actual ability. A skill economy directly connects demonstrated competence to opportunity.

How Lemma uses this

Lemma is building the infrastructure for the skill economy: peer verification for trust, SCI for measurement, skill passports for portability, and learning credits for exchange.

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