From 17000 RMB to 50000 RMB, the Future That Bitcoin Shows

[Yililai Technology]

Since the end of August this year, the international blockchain market has experienced the twists and turns. Due to strong control of China’s government, blockchain market collapsed and the price of Bitcoin, the leading cryptocurrency, dropped from 30000 RMB to around 17000RMB. But bitcoin was expected to be bullish by international market, so the price of bitcoin rose from 17000 RMB to currently 50000 RMB. Is the market fell suddenly the behind which rose suddenly madness of the investment of token market or the future of blockchain technology is beyond measure?
I think the reason includes the both. From one hand, it has already proved its value to the public when developing to a certain degree. It is normal for people to invest for the sake of its value of the future. From the other hand, increased investment is good but over-increased investment leads to waste. The total value of bitcoin now has occupied 60% of total value of all tokens. Bitcoin has begun to improved and perfected its market system but, in general, it is only a drop in the bucket. Bitcoin may continue to rise after that but callback may not be too late. The development of market is not always in its perfect condition, and for that, it needs to take a break from time to time.
The investors in bitcoin might have the feeling that the fluctuation of bitcoin market is quite common. Compared with some traditional industries, we can find out that the development of blockchain is rapid, and not only the quotations of all tokens but also the development of scenario application.
Less than ten years, from the statement of unknown to public, to be in the adulation, blockchain develops faster than the internet. Everything indicates that blockchain is gradually merging in our society. From the birth, the marriage, and the death, to find a job, to get educated, and to go shopping, blockchain will be everywhere. You may be curious that how could blockchain apply in all I mentioned above. Please allow me to start from finding a job.
Many people who are engaged in personnel work or who want to find jobs now will confront a problem of information asymmetry and easy-leakage. To solve this disadvantage of recruitment now, a team in Guangzhou developed Curriculum Vitae.
The first step that employers take is to select from piles of resumes. For example, when a multinational enterprise conducts a new recruitment, thousands of hundreds of resumes may easily piled up the desks. The result of this fierce competition may lead to the spread of “fake” resume that contains fake information to get the job. If so, it will be such a great challenge for HR to identify which one is the right person that the company really wants. What’s more, if any misjudgment occurs, it does great harm to both the company and applicant. This can be a huge loss for company which needs the talented. And we can’t deny that there is always someone who have criminal records or hop frequently and wish to be hired by changing their previous resumes. If a HR makes any misjudgment for those people, they may hurt the company even more.
And blockchain, as a distributed ledger technology, can guarantee that every applicants’ resumes are searchable, true, tamper-resistant, and unforgeable because it is tamper-resistant, unforgeable and searchable
Blockchain will redefine recruitment business due to its concise and perfect technical design in the future. And because blockchain and recruitment business are complementary so they can cooperate well.
We live in an era with technology developing and society advancing and therefore our demands vary in different eras. And now we need a higher-efficient and a safer way to deal with the problems. Curriculum Vitae is a revolution in traditional recruitment business that can provides us a fast and a convenient way to find a liking job for an applicant or to hire a satisfactory person for a personnel manager. To fulfill the demands of the applicants and the personnel managers who stuck in the problems of information asymmetry and easy-leakage, Curriculum Vitae will play its own role well.
Blockchain will be closely related to us in the f