How Blockchain Will Fight False Information in Applicants’ CVs
There is much false information in the applicants’ CVs now.
Fake Academic Record
Former Harvard University student Adam Wheeler fabricated Scholastic Aptitude Test (SAT) scores, letters of recommendations, and transcripts to gain admission and received $40,000 in grants. Wheeler’s true academic credentials were revealed when he attempted to apply for the Rhodes and Fulbright scholarships in his senior year. And former University of Notre Dame head coach lied about receiving a master’s degree and being a football legend in college when he never even played a game.
Fake Working Experience
Celebrity chef Robert Irvine lied about designing Price Charles and Princess Diana’s wedding cake. It was reported by the website of CPC Central Disciplinary Committee and Ministry of Supervision that the governors in Hainan Province forged their CVs, including their academic qualifications, work experience and even their ages, to be employed in the government departments. Since the government, which has careful selection and rigorous recruitment, was like that, not to mention in the civil industries. Madame Zhong, who got employed by a leather factory, was found that all her academic qualifications and work experience were fake in the next two months. She was arrested for forging her CV when she got fired. After the administrative detention for a half month, Madame Zhong applied for the arbitration to the municipal labor and personnel dispute arbitration court and demanded for what she called “salary”. The feather factory disagreed with that because Madame Zhong got her job by forging her CV. The court held that the labor contract is invalid due to the forged CV. The leather factory was sued and spent lots of time and energy to deal with it. If there is a something that can prevent this, this case could possibly be avoided.
Blockchain might be the solution
When people say ‘blockchain’ they’re usually referring to the bitcoin blockchain. However, it’s simply a digital record of all bitcoin transactions ever made. The beauty of blockchain technology is that it can come to a consensus without a central authority. And that’s because the digital ledger is shared across a network. This network is constantly verifying transactions, making sure each one is valid. Meaning you and I can transact without the need of a bank. But of course, the technology has other applications. Companies like IBM, Amazon.com, Inc. and Wal-Mart Stores Inc. are all trying to integrate blockchain into their operations.
And last year, founder and CEO of Alibaba Group, Jack Ma said he will do the same. You might not have heard of Alibaba before. But they are one of the largest and most influential companies in China. Think of them as China’s Amazon, minus the inventory. Alibaba got its start as an agent. They were the bridge between Western buyers and Chinese manufactures. Today, Alibaba is like most tech giants, they do a bit of everything. They’ve branched into food, online payments, media, health and even banking. The only thing Alibaba is yet to do…oh wait, no, they’ve got a blockchain division too.
The blockchain technology ensures that the verification activity only happens once and is stored securely and permanently for any recruiters that wishes to view it as long as they pay CVH to the applicants before they ask the permission of the applicants. The technology also eradicates double handling and processing by multiple verification providers.
It is reported that Curriculum Vitae Chain, the first blockchain application in recruiting sector in Asia, has got necessary data of CV to make preparation for the next blockchain application in recruiting sector that will upset traditional online recruitment.
How Does It 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.
Blockchain Can Also Speed up the Recruiting Process
Fully verified achievements, qualifications, experience and aspirations will save potential employers valuable time and money, speeding up the recruitment process.
A verified CV, constructed using cutting-edge technology, will enhance an individuals’ profile providing them with a great first impression with prospective recruiters.
Put simply, the verified CV increases candidate employability while separating individuals from the competition who are using older, more time-consuming traditional CVs.
Now, Curriculum Vitae Chain, the leading blockchain based application, can assist in expediting the recruiting process undertaken by intermediaries unlocking valuable fund and time to be put to better use by employers in growing their business.
Get Ready for A Blockchain Take off
According to the estimation of HR expert, Curriculum Vitae Chain will bring innovation and energy to traditional online recruitment. And according to a survey, the users of Curriculum Vitae Chain will be over 30million in 2018 and Curriculum Vitae Chain will be the bellwether in recruiting sector based on blockchain and lead the development of blockchain.
The whole team of Curriculum Vitae Chain 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. We will build an ecosystem based on Curriculum Vitae Chain, covering all fields, skill training courses for example, in recruiting sector. The difficulties that traditional online recruitment are facing will longer exist because blockchain is the solution.
