Blockchain technology in staffing

Our team at Utopixar is working on the Coinsence. Nonprofit and grassroots organizations play an important role in addressing local challenges but due to financial constraints and limited staffing capacity, fulfilling their missions often becomes difficult. Utilizing blockchain technology, our platform enables communities to issue, distribute, and exchange their own impact tokens. These tokens represent contributions to projects that address challenges faced in education, youth employment, societal, and the environment. These tokens can be redeemed in the form of currency or discount vouchers in different marketplaces.

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Blockchain technology in staffing

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Content:

• Digital Assets & Blockchain
• Google says Android tablets are the future, starts staffing up new division
• Crypto related job postings surged 395 per cent in 2021, says LinkedIn
• The CS Medical Chart
• INFLATION, EMPLOYMENT, AND THE METAVERSE
• Utopixar: Using Blockchain technology to inspire young people to become local changemakers
• Blockchain-Based Smart Contract for Recruitment
• CANDIDATE.
• Blockchain jobs remain unfilled, while skilled workers are being poached
• Decentralized Developer Recruitment Network Built on Blockchain

WATCH RELATED VIDEO: How does a blockchain work - Simply Explained

Digital Assets & Blockchain

Introduction of new technologies has accelerated the pace of innovation in recruitment sector. In our earlier blog, we had briefly covered 5 technology trends that are disrupting the recruitment market. Blockchain holds a strong potential for delivering promising applications in recruitment sector. In this blog, we look forward to explore some of the use-cases and technology considerations for implementing the same. It has been so successful in solving the core problem of trust with dapp.

There are myriads of applications that solve similar problem at various stages in recruitment lifecycle. Due to emergence of digital recruitment platforms, frauds and cyber attacks have increased significantly in talent sourcing market. Due to these reasons, there have been numerous applications that leverage blockchain more particularly for background screening and resume verification.

Hyperledger, Ripple, etc. For resume verification use-case, since there are various institutions universities, employers, etc. Besides background screening and resume verification, there are a few more blockchain based solutions being implemented for optimizing inefficiency in recruitment workflow. A few among them are listed below:. It is important to understand various technologies and approaches available and plan the implementation accordingly.

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Depends on third-party and has no guarantee on authenticity and adds up to loss of time and cost for hiring. Employer can authenticate candidates based on digital identity stored on blockchain.

Any change in resume will be recorded and pushed to respective institution for validation. New employer can trust employee resume stored and secured via such blockchain based solution Applicants Documents can be on either of the blockchain depending on type-of-document Applicants have to submit documents to required institutions from time-to-time to obtain verification and comply with employer processes.

Hold no ownership of verified documents and has to repeat this for every change in record new certificate, employer change, etc Applicants will own their identity, documents criminal history, drug test record, etc. A few among them are listed below: Blockchain based recruitment: Job-portals and recruiters are seen as middlemen in talent acquisition processes. With public blockchain based solution that can provide access to authenticated talent pool along with their validated resume; such solutions are going to explode.

It removes the bottlenecks and inefficiencies that are involved in traditional hiring processes. Smart Contract instead of paper based employment contract: Service delivery and quality assurance is critical for hiring and so far, there have only been paper based labor contracts and escrow services for payroll.

Smart Contract based solution that can verify services offered by logging time as well as work at regular intervals can be very efficient way for performance checking and payment processing for both employees as well as contractors.

Referral platform: Referrals have been the most preferred way for hiring at many companies and HR are looking for ways to increase candidate pool from referrals. Additionally, binding such relationships with a smart contract that ensures overall talent management function is simpler, transparent and cost effective. Leave a Reply Cancel reply Your email address will not be published. Employer has to contract various vendors for identity check, criminal record check, drug test, etc.

Resume Verification most typically implemented on public blockchain. New employer can trust employee resume stored and secured via such blockchain based solution. Applicants Documents can be on either of the blockchain depending on type-of-document.

Applicants have to submit documents to required institutions from time-to-time to obtain verification and comply with employer processes. Hold no ownership of verified documents and has to repeat this for every change in record new certificate, employer change, etc.

Applicants will own their identity, documents criminal history, drug test record, etc. Notarized documents verified using respective blockchain based solution can be submitted in minutes.

Google says Android tablets are the future, starts staffing up new division

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Crypto related job postings surged 395 per cent in 2021, says LinkedIn

It should be noted that while most of the job postings were in software and finance, other industries are also seeing a rise in demand for crypto talent. These include professional services like accounting and consulting, as well as the staffing and computer hardware sectors. According to LinkedIn news, some of the most common titles searched on LinkedIn included blockchain developers and engineers. The Bill also seeks to prohibit all private cryptocurrencies in India; however, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses. Despite these regulatory hurdles, India ranks second in cryptocurrency adoption, the Global Crypto Adoption Index revealed. Women traded more in Bitcoin, whereas men traded more in Shiba Inu. Click here to join our channel indianexpress and stay updated with the latest headlines. Must Read. Home Technology Crypto Crypto related job postings surged per cent in , says LinkedIn Crypto related job postings surged per cent in , says LinkedIn Some of the most common titles searched on LinkedIn included blockchain developers and engineers. By: Tech Desk Pune January 19, pm.

The CS Medical Chart

In December , the UNICEF Innovation Fund on-boarded its largest round of portfolio investments of thirteen startup companies using frontier technology solutions to address complex challenges and create fairer opportunities for children and young people. Utopixar joins the Blockchain portfolio- these investments are part of UNICEF's larger blockchain explorations of using smart-contracts for organisational efficiencies, creating distributed decision-making processes, and working to build knowledge and understanding of distributed ledger technology both in the United Nations and in the countries where UNICEF works. Our team at Utopixar is working on the Coinsence project - a decentralized blockchain technology platform where people and organizations can collaborate on initiatives addressing social and environmental challenges. Nonprofit and grassroots organizations play an important role in addressing local challenges but due to financial constraints and limited staffing capacity, fulfilling their missions often becomes difficult. Utilizing blockchain technology, our platform enables communities to issue, distribute, and exchange their own impact tokens.

INFLATION, EMPLOYMENT, AND THE METAVERSE

For an organisation to flourish in the digital economy, it needs to stand at the forefront of technological innovation. This is true across all industries — whether it be recruitment, managed services or aeronautical engineering. One of the major technological trends on the lips of everyone this year is blockchain. Most of us have become aware of it through cryptocurrencies like Bitcoin and Ethereum. And through architectural change, it is already transforming the financial sector in the form of smart contracts, distributed ledgers and decentralised currencies.

Utopixar: Using Blockchain technology to inspire young people to become local changemakers

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Blockchain-Based Smart Contract for Recruitment

Ask anyone, and they will agree we are in the midst of a digital revolution. Never before in history has technology evolved so quickly as it is doing right now. So, if organizations, corporations and businesses want to stay ahead of the competition, they must keep up with the latest tech and digital tools.

CANDIDATE.

Just like all of our practices, we take a strategic approach to finding and retaining top technical talent. From recruiting and sourcing to talent acquisition research projects, we deliver results. Operating in the digital assets and blockchain technology space poses a unique set of challenges. OP has invested heavily in internal education programs to train key recruiters and personnel on the nuances associated with the nascent market. From regulatory concerns to user acquisition, our team has taken the time to consider the issues from both the perspective of the firm and the candidate, placing us in a unique position to successfully source talent in the space. More recently, as COO of Tagomi start-up digital asset agency broker , we partnered up with OP to address our hiring needs in the digital assets space.

Blockchain jobs remain unfilled, while skilled workers are being poached

Mirroring an uptick in job openings across the IT industry, blckchain professionals remain in high demand, especially for staff and middle manager positions, according to a new job market report from Janco Associates , a management consulting firm that conducts regular industry surveys. Victor Janulaitis. Many blockchain and ERP positions remain unfilled and some organizations are seeing an increase in attrition rates for those positions. Companies that have found blockchain professionals are also experiencing higher attrition rates as consulting firms and services companies are actively recruiting IT professionals in those roles by offering higher salaries and benefits, according to Janulaitis. The IT skills shortage is not limited to blockchain and ERP professionals as programmers and business analysts of all stripes are also in high demand, Janco said. In December, LinkedIn described the job position of blockchain developer as the No. Throughout last year, the total job openings for blockchain skills grew to 12,, according to job data analytics firm Burning Glass Technologies.

Decentralized Developer Recruitment Network Built on Blockchain

Yicai Global July 26 -- Its popularity has caused companies to mushroom in the blockchain technology sector, making the problem of talent shortage in this industry also inevitable, and greatly driving up the average salary of its practitioners, chinanews. A postgraduate who just got a master's degree from a Shanghai university and who has been serving as an intern in a blockchain company since the summer vacation, with monthly pay of CNY8, during the internship told chinanews. Such a plump starting salary is far higher than the average that Shanghai's fresh-faced graduates get for their first job.