Immutability, transparency and the elimination of intermediaries are some of the most cherished attributes of the blockchain upon which a lot of disruption is happening across various industries.
Being able to keep track of processes, goods and services across extended chains of communication is a development that has become very essential to the social and commercial aspects of human existence. Blockchain technology is a powerful change agent for broker-based industries. We only need to look at the fervor in which the Financial Services sector is being disrupted by Fintech start-ups applying blockchain to bring greater value to banking customers. Likewise, Blockchain technology can be put to great use in the recruitment sector. The recruitment sector after all is a broker industry. The technology can assist in expediting commodity processes undertaken by intermediaries unlocking valuable capital to be put to better use by employers in growing or optimizing their businesses.
As recruitment market in China continues to expand, more efficient methods are being developed to speed up the process of recruiting, e-recruiting for example, which has played an essential part in recruiting sector for years. E-recruitment does speed up the recruiting process compared with the traditional ways, however, recruiters still have to verify the details that the applicants provide while dealing with applications all around world and for applicants, their information online is public, everyone has access to it. It is insecure for the applicants themselves.
From: https://medium.com/@YililaiT/blockchain ... 24a8eb9636