Blockchain in Hiring
Ever wondered how much you really know about your new hire? Sure, the background check passed, credit check, etc, but what about their employment history? While references are generally acceptable today, we would be remiss if we said these things couldn’t be faked; We’ve caught fake resumes in our hiring process too!
Identity Verification based on the blockchain allows you to verify documents with issuing authorities using smart contracts, as well as allows users to store their data in a secure chain without exchanging that data but instead sharing a token that signifies that trusted authorities have signed off on the documents, like passports, driver’s licenses, and more’s authenticity. This can also be tied to employment history, making it so hiring managers can validate users’ employment or request employment verification from past jobs that log that validation in an immutable data source.