Employers Now Access Better Qualified and Trustworthy Labor Force Through Blockchain Technology

No surprises here — there is a disconnect between theory, skills, and the labor market. Thus employers are often confronted with a lack of qualified resources that have the relevant abilities for the existing job requirements. That’s because the current education system does not focus on the development of applicable skills, leaving many with impracticable theoretical knowledge. And we all know why — skills change much faster than the education system responds and recruiters only end up struggling with testing and verifying if everything that’s written in resumes and talked about in hiring interviews is actually accurate and would indeed serve their companies.

Enter blockchain combined with microlearning and token incentives for a unique concept that puts efficiency back in the skill scanning process for recruiters.

Romanian company Code of Talent developed on blockchain technology, the world’s first skill-based education platform integrating short lectures, token incentives, as well as direct interaction between instructors, learners, and employers from around the world who wish to access better qualified workforce. Once learners complete trainings, their skill ledger is updated on the blockchain so that everyone could see and access it, including company recruiters. The record is accurate and immutable, making it impossible to modify or falsify. This allows recruiters to always get up-to-date information and bring back transparency to the whole selection process of desired candidates.

“There is a huge demand for skilled human resources and recruiters face this challenge of having to select the best candidates based on how impressive their resumes look rather than what they know those candidates can actually do,” says Bogdan Ciubotaru, CEO of Code of Talent. “Our platform stores the learner’s accomplishments on the blockchain making it immutable so that everyone interested can see what their acquired skills are. Thus the platform enables employers to look for and select those best performers according to their skills, also making the recruiting process straightforward and transparent.”

In addition, students and teachers exchange information and feedback in short 10-minute sessions with up to 40 participants. The “classroom” feel enhances motivation and engagement and helps learners learn not just from instructors but from one another. Students also earn CODE tokens as they progress, thus becoming part of the bigger Code of Talent mission and getting involved in the business.

“Code of Talent uses a microlearning engine proven to increase the rate of student progress by 300 percent, by matching the brain’s working memory and attention span with three to 10 minute chunks of information,” says Bogdan Ciubotaru, chief executive officer of Code of Talent.

Code of Talent also brings back competition in a traditional rigid field such is education. On Code of Talent, instructors are rewarded based on the feedback and ratings they get from students, thus encouraging them to stay up-to-date with the latest labor market requirements and student needs.

“Our system goes against traditional academia, where classes take too much time to change or be incorporated, and educators are convinced that no matter how slow they are in keeping up with the trends they will simply not be touched by changes themselves,” says Ciubotaru. “What we envision is instructors becoming true influencers, with the best one teaching the most sought-after courses.”

Code of Talent is the blockchain initiative of a successful microlearning B2B training platform with the same name and multinational clients from industries such as pharma, automotive, manufacturing, retail, oil & gas and banking. Code of Talent was built by four Romanian business people with decades of experience in business management, technology communication, innovation, and corporate training.

ABOUT CODE OF TALENT

Code of Talent empowers educators to use micro-learning in the classrooms or as follow-up sessions, while allowing people from all over the world to join, contribute and learn from others. It uncovers the “wisdom of many” to foster bright ideas and purposeful knowledge, by integrating employers, advertisers, sponsors and premium content providers to build a sustainable ecosystem and token economy in the education landscape.

FOUNDERS

BOGDAN CIUBOTARU — Chief Executive Officer

Bogdan is a C-level executive with over 18 years’ experience in industries such as IT/Software, Education, Online Market Research and Telecom. He managed multinational, medium-size and entrepreneurial companies and coordinated diverse teams and complex projects, with global footprint.

VLAD GRIGORIU — Chief Strategy Officer

Vlad is a visionary entrepreneur, founder of Co-Factor (www.co-factor.ro) with almost 20 years of executive, entrepreneurial and consulting experience in areas such as strategy, communications, innovation and human capital. He is a Harvard Business School alum with a passion for learning and education and is also the architect behind the Code of Talent micro-learning product.

MARIUS OPRIS — Chief Learning Alchemist

Passionate economist and serial entrepreneur, Marius is convinced that micro-learning and blockchain are able to transform the global education and labor market. Marius has 14 years’ experience as trainer and consultant for more than 500 organizations in 20 countries.

ADELA GRIGORIU — Business Development Director

Adela’s experience in customer interaction and her involvement with developing the business makes her a key partner in designing and testing the unparalleled engagement of Code of Talent.

For more information please contact:

Oana Molodoi

Press Officer Code of Talent

Email: [email protected]

Phone: +1 714 330 5272

Address: 5151 California Ave #100, Irvine, CA 92617

White paper: https://codeoftalent.io/assets/ICO_CoT_Whitepaper.pdf

Short and sweet: https://codeoftalent.io/assets/ICO_CoT_FastFacts.pdf

codeoftalent.io