Changing How Companies Hire and People Find Job
Introduction
First, they created a special system where people looking for jobs could make their own online profiles. These profiles showed what skills and qualifications they had, like diplomas or certificates, and these qualifications were double-checked and locked safely on the blockchain. This was cool because it made sure that job seekers had proof of their abilities, making it easier for employers to trust them.
Revolutionizing Job Markets with Blockchain
First, they created a special system where people looking for jobs could make their own online profiles. These profiles showed what skills and qualifications they had, like diplomas or certificates, and these qualifications were double-checked and locked safely on the blockchain. This was cool because it made sure that job seekers had proof of their abilities, making it easier for employers to trust them.
Securing Job Profiles on Blockchain
Then, Company X made a new kind of resume that couldn't be messed with. When someone added new achievements or skills to their profile, it was recorded on the blockchain with a time stamp. This meant that everything on their resume was true and couldn't be changed, so employers knew they were getting accurate information.
Token Based Recognition System
To help employers choose the best candidates, Company X introduced a system where job seekers earned special tokens based on their performance and endorsements from others. These tokens were like medals on their profiles, helping employers quickly figure out who was really good at what they did.
Smarter Job Agreements with Smart Contracts
But Company X didn't stop there; they made job agreements smarter. When an employer offered a job and someone accepted it, a special computer program called a smart contract handled everything like salary payments and work hours. This made things easier and saved a lot of paperwork. To make job listings fair and secure, Company X put them on the blockchain too. This meant that job ads couldn't be changed or deleted unfairly, and everyone had a fair shot at seeing and applying for them.