Blockchain Plus, Where Online Recruitment Will Rejuvenate

Since Premier Li Keqiang took office, at least 15 topics regarding Internet Plus have been discussed at State Council executive meetings. Premier Li stressed on many occasions that China should promote the new drivers of growth fostered by Internet Plus to create huge potential for a new industrial revolution.

But now, blockchain technology has been around for a number of years and its most well-known use so far is Bitcoin, the cryptocurrency that came to prominence in 2008. The uses of blockchain are not limited to financial transactions, though, and enthusiasts are looking into other ways applications for the technology, especially for the types of transactions where there are often disputes or trust issues. It’s time to put forward a new concept, namely Blockchain Plus.

Blockchain technology is a powerful change agent for broker-based industries. We only need to look at the fervor in which the Financial Services sector is being disrupted by Fintech start-ups applying blockchain to bring greater value to banking customers.

Likewise, Blockchain technology can be put to great use in the recruitment sector. The recruitment sector after all is a broker industry. The technology can assist in expediting commodity processes undertaken by intermediaries unlocking valuable capital to be put to better use by employers in growing or optimizing their businesses.

Just like the internet decades later, blockchain now is doing the same thing as what internet did. Curriculum Vitae Chain, a life-changing initiative of Blockchain Plus, was born to solve the problems that have plagued both traditional and online recruitment.

By verifying the achievements, qualifications, experience and aspirations that the candidates provide, the recruiters don’t have to take extra time that they may not really have to wade through each application. To avoid unwanted applications, the recruiters will need to be careful as to how they word their job posting and be as specific as possible about the job duties and the qualifications they’re seeking therefore it frees up more of their time for more value-added tasks. And for the applicants, using verified CV increases their employability while separating individuals from the competition who are using older, more time-consuming traditional CVs.

When the applicants submit their basic profile data, Curriculum Vitae Chain will verify the details that the applicants provide, namely their chosen educational institutions and ex-employers, in order to infiltrate the false information that can lead to extra work for the recruiters. After that the system will automatically match those verified CV details to job requirements once their CV catch a recruiter’s interest, the recruiter has to ask their permission before the they pay CVH, the token of Curriculum Vitae Chain that is based on ERC20, to read the applicant’s CV. Of course, the applicants can check the recruiter’s information that has also been verified by the system before the applicants make the decision whether give the permission to the recruiters to view their information in their CVs.

Traditional online recruitment was reborn with the help of internet, and now online recruitment will be reborn with the help of Curriculum Vitae Chain, a life-changing initiative of Blockchain Plus.