Imagine if a behavior you did consisted of you doing all the work in your career, the value was based on your education, skills and experience, and it was you that sold all of the above face to face to the potential buyer.
Then the buyer was brought in and they paid someone else for all of your above effort, 20% of your salary? Sounds crazy? That’s how recruitment works. And that’s why we are so excited to be working on a blockchain based platform that focuses on decentralizing the recruitment process.
In a world without middle men, things get more efficient in unexpected ways. A 1% transaction fee may not seem like much, but down a 15-step supply chain, it adds up. These kinds of little frictions add just enough drag on the global economy that we’re forced to stick with short supply chains and deals done by the container load, because it’s simply too inefficient to have more links in the supply chain and to work with smaller transactions. The decentralization that blockchain provides would change that, which could have huge possible impacts for economies in the developing world. Any transformation which helps small businesses compete with giants will have major global effects.
Our mission is to disrupt the recruiter industry, and put the earnings back into the pockets of the jobseeker, while saving companies approximately 14% in fees. In an industry that spends $638 billion global per annum ($150 billion spent in the USA alone), with over 15 million placements per annum in the USA, we are looking forward to being a solution that puts money back where it belongs — with the candidates, and the companies providing jobs in their respective economies.
Contact us if you would like to discuss how your company can become an early adopter of our program.
