What is Talentchain? Talentchain is a real-time ledger that records the entire journey of individual learning from the beginning to become a talent asset in a way that serves as a repository of tamper-proof skills. So the result is a lifelong digital passport that will store academic certificates, skills, support, awards, badges, and individual recognition whether it's a student or professional.
In an environment that can quickly change, the job market will continue to grow with its dynamics, entering and maintaining itself in the job market is a tremendous challenge. Skill devices that were once very relevant and most desirable for everyone in the past few years are now out of date. As a result, job seekers inevitably have to improve themselves and follow the latest trends.
By the report, lately, people tend to change jobs frequently with an average service life of 2.8 years. With a growing career profile, it is tough for recruiters to verify the background of all individuals to all the details provided to be able to check the validity of the information.
According to the HireRight 2017 employment screening program, as many as 85% of employers catch applicants who have an affair on their resumes or applications; this has increased from 66% over the past five years. This inconsistency comes in a variety of proportions ranging from excessive in expertise, modifying roles in the project to even producing fake certificates. And finally, organizations will incur huge costs and time by engaging in background verification. Keep in mind, not every company can use such methods, sometimes because of monetary and at other times due to time constraints. As a result, falsification of claims is not taken into account and seizes candidates who deserve the right opportunity.
Along with today's dilution of resumes, another growing concern is the production of trained professionals and academic certificates. With internet availability being too easy to get it. At the same time, there is no way to compare different certification values from various institutions around the world.
Talentchain plans to bring clarity to the job market by using Blockchain technology and implementing smart contracts. In a time when CV and certificate forgery have created havoc, the Talentchain platform offers a unique Talent passport that will accurately combine and store all the details of education, whether academic or non-academic, while providing transparency, authenticity, and ease of transfer.
Talentchain is a platform where universities and institutes will create, maintain and publish digital certificates on the Blockchain for all students. Each will have a proof of tamper and a document safe. Corporations and recruiters can quickly check the authenticity of individuals after obtaining the necessary permission for verification steps from this trust habitat.
With Talentchain, the dream of a world where from publishing to storage to certificate validation will run smoothly, transparently, and more importantly, a safe process.
Find full details about this Talentchain on the Whitepaper or visit the official website at https://www.talentchain.com/. You can also ask and discuss with our community on Telegram, Facebook, Linkedin, Reddit, and Twitter.
Author: AaXray
ETH: 0x757bC1FFAeB129C9fD19117D20413E3EbDe63DCB