Weed out fake candidates with Talentchain verified profiles

TalentChain
Sep 6, 2018 · 4 min read

Here is an age-old problem, to distinguish between real and fake.

Fake profiles have become a way of dismissing inconvenient truths. Employers today place a premium on degrees for fulfilling open positions. A profile is an advertisement of your brand and we are experiencing a surge of misinformation without an efficient system to corroborate the truth. The crisis around counterfeiting is a technology story in the current generation — be it tangible resources like food, fashion or intangibles like news or human profiles. Access to the internet and high tech enables both the worlds of authentic and fake to proliferate exponentially. LinkedIn and Indeed have been looked upon as first level verifiers, but it still hasn’t come close to what recruiters actually need.

With increasing global workforce, increased mobility and cross border movements, the challenges related to hiring are manifold. Michael Clemens, a senior fellow at the Center for Global Development, a strong proponent of regulated international migrations estimates that free movement of people across borders would elevate 100% of the world’s wealth [Clemens, “Governments need better ways to manage migration”, Link]. This great power comes with the greater responsibility of identifying legitimate profiles in the shortest possible time.

It is commonplace for talents having academic and professional experience spanning across multiple geographies. Companies like HireRight does help fix the issue but only post the hiring process that too at a substantial fee. Talent acquisition require investment of time and resources, so it makes sense to do due diligence before bringing a new hire on board. The cost of bad hire goes beyond the financial setbacks to workplace violence. Employees are legally obligated to create safe, diverse and inclusive workplaces that are sustainable.

Talentchain nips this problem in the bud. The solution is two folds, one on the supply side for educational Institutions and another on the demand side for Corporate Employers. Universities affiliated to Talentchain can issue digital certificates on blockchain to their students. A consent mechanism enables each student to control sharing of certificates with the relevant stakeholders like Employers, Banks, Government bodies and Educational Institutions for verification. But then one might ask, how inclusive is the system with regards to the alma matter. Here comes the good part, Talentchain makes it possible even for ex-students to take advantage of this potent platform. Old students can send a request with their identifiable credentials to the university for verification — on approval the certificate will be uploaded to blockchain.

Talentchain has collaborated with public notaries to validate self-uploaded certificates widening the reach and empowering the talents to carry a true unified Talent passport. Hereafter all your certificates will be at your fingertips 24X7 accessible from anywhere in the world.

Companies enrolled with Talentchain can issue experience certificates, awards and accolades thereby building an immutable employee dossier that is shareable, circumventing all the fraudulent experience certificates circulating in the hiring ecosystem.

This amalgamation of immutable and authenticated information encompassing all your accomplishments in academia and in corporate world will become your ‘Talent passport’. Recruiters therefore can instantly validate candidate credentials during the shortlisting process even before scheduling an interview.

Not only will fake certificates and fictitious job experiences be a thing of the past, it will be the nemesis of unrated and unrecognized institutions mushrooming across economies. This would give way to deserving and genuine candidates, benefiting all stakeholders who will be incentivized by promoting transparency and a trust inspiring ecosystem.

Our way forward to a transparent talent ecosystem is to disentangle myth from fact, ideology from honest inquiry of professionals all-round the globe. Immutable trust habitats and autonomous verification is a necessity with burgeoning educational institutes, ivy league colleges providing alternate channels and courses to attract talent volumes at a fraction of the cost. Much like fake news will never go away, fake & doctored profiles will not disappear either. But here is an affordable & potent platform for the masses and the developing economies need not be behind the technology curve.

About the Authors:

Ayon Hazra, Cofounder of Talentchain, advises clients on sustainable blockchain adoption and customer journeys as part of their transformation programs. He is passionate about promoting social impact organizations and creating sustainability platforms on the blockchain. He has 14 yrs. Business Consulting in digital technologies at Cognizant Business Consulting, Ericsson, and Oracle Consulting.

Linkedin: https://www.linkedin.com/in/ayonhazra/

Jiji Joseph, a Blockchain and an AI enthusiast is a software developer with 8+ yrs. experience in the industry. She has been part of various blockchain forums and believes technology can be used to bridge the privilege gap in developing nations. As a change agent to build a better tomorrow, she contributes voluntarily to Talentchain thought papers and blogs.

Linkedin: https://www.linkedin.com/in/jiji-joseph/

TalentChain

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Powered by Blockchain and AI, TalentChain is a unique presentation of knowledge assets, securely verifiable across various stakeholders.

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