How a Blockchain-Based Project is Trying to Rebuild Traditional Recruitment Industry

51job.com, one of the biggest recruiting platform in China, continues to boost after its inception in 1999. However, as a centralized platform, the information in CV have the risk of being leaked, which will jeopardize the applicants. On the other hand, for recruiters, the information in CV cannot be verified, and it will take them extra time, which slows down the process and cost more. A tedious process is also bad news for the applicants as they can maximize their potentials. Consequently, employers have to cost extra time and money to hire a talent and for a talent, they will miss more opportunities.

Both Job Seekers and Recruiters Deserve Better

Curriculum Vitae Chain, the first blockchain application in recruiting sector in Asia, is trying to bring changes to recruiting sector and provide one-stop solution to both recruiters and job seekers. The team says that they believe that finding a dream job with your dream employer should be fast and easy. Equally, finding top talent should be quick and inexpensive. However, it is challenging, time-consuming, and costly finding top talent, and the recruitment process is often frustrating for both candidates and recruiters. And what’s more, having the credentials of an individual’s CV verified by educators or accreditors and former employers is of enormous benefit. Also, providing unbounded access to candidates or open roles reduces the time to find talent and employers, significantly reducing hiring costs, and increasing productivity.

How Does Curriculum Vitae Chain Work?

When the applicants finish the biometric identification in Curriculum Vitae Chain, they can submit their basic profile data to generate their personal CVs, according to their choices in tens of kinds of templates and then we 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 your CV catch a recruiter’s interest, the recruiter has to ask the applicants’ permission before the recruiter pays them CVH, the token in Curriculum Vitae Chain that is based on ERC20, to read their CVs. Of course, the applicants can check the recruiter’s information that has also been verified by the system before they make the decision whether give the permission to the recruiter or not.