Securing Recruitment in a Blockchain World.
Imagine a world where the recruitment process took one-third of the time. Job seekers wouldn’t have to wait weeks for a response, they would get an outcome within days. Resume details could be verified quickly, accurately and businesses would be able to cover themselves from fraud and liability.
Not only is it reassuring but it would have the added effect of deterring fake resumes, promoting honesty and confidence in the job field.
So why does it even need to come to this?
Most of what goes on the resume is the experience we’ve gained within the workforce and the education we have earned along the way. We make sure the dates are correct sometimes only the best we can remember and gather up certificates, lucky if you remember where is kept and you’ll be just fine. In truth I had thought many of us were alike in this instance but after a little bit of research, I was surprised to discover that was not the case.
Many people didn’t just add a flourish of wording to make themselves sound better, some falsify education and employment completely. So many in fact that Steven D. Levitt, co-author of Freakonomics and a renowned economics professor at the University of Chicago, cites research suggesting that more than 50 percent of people lie on their resumes.
50 percent is no small number, this is half of the people that are competing for that same job and knowing the others did everything right, fought hard and worked hard to get to where they are today, only to be overlooked, for someone with a better imagination or access to fake documents, which on the internet these days, isn’t a hard thing to find unfortunately.
“Common resume lies include falsifying academic credentials, padding dates to mask employment gaps, exaggerating job titles, embellishing job responsibilities and achievements, claiming sole responsibility for team efforts and even making up fictitious employers.” More to the story here
From falsifying resumes to doctored degrees, there is a growing market out there for people wanting to cheat the system and get an advantage, wanting to skip ahead in life. The percentage at half now could very well tip towards a grander scale as the creation of fraudulent certifications currently holding almost no consequence with the law, and almost all the risk laying with the certificate holder.
With the risk clearly not on the creator, it leaves the market wide open for a new generation of tech advancements and companies pushing forward solutions that can stop fraud and give confidence back into the market.
With blockchain technology and VeriDoc Globals finished solution, it is possible to be sure and stop fakes and frauds and build an entire platform of trust that allows both employees and employers access to the best people.
By maximizing the potential of candidates and their verified information, businesses can also minimize their costs and administration. Profiles could enjoy biometric identification, career verification logs and all accessed by QR codes. Once permission was given to add your details to the blockchain this opens up a whole new opportunity to streamline the entire process for everyone.
Once consent is obtained from the employee, HR and Recruitment firms can provide a database of employees whose credentials and work history had been confirmed, and the certificates and information verified, which is then added to the blockchain for security and only able to be accessed by those given permission, by the employee.
The patented QR code is embedded on the resume with a unique digital hash inside the QR code. The hash holds information that is then placed on the blockchain network for security and authentication. Each applicant would be able to permit or deny any prospective employer to view their information.
The verification of a certificate or resume would be accessible by downloading the free VeriDoc Global App from the Play or App store, you then scan VeriDoc Globals QR code and received the necessary information. It’s really that easy.
It allows you to give access only to the people you want allowed to see your information. The technology created by VeriDoc Global to stops frauds and fakes, using an unchangeable and immutable technology.
Even if the QR was copied it wouldn’t be verified on the VeriDoc Global Library of QR codes and would be made invalid.
Not only would cheating the system be impossible, but those that have earned their degrees can be rewarded for the achievement of having and finishing it. Being part of a platform of trust and a quick and efficient recruitment process. If you put in the time and effort to achieve your goals, you should at least have a fair chance of getting what you worked hard for.
And we believe in that at VeriDoc Global. Document verification is in our bones and we are looking to change the world one document at a time.
