TalentSnap- The automating hiring blockchain

Blockchain technology is always growing and enlarging to an extent the world would fully participate and believe the transparency of the blockchain technology. Blockchain is an immutable system that stores and secures data which cannot be hack easily. The new innovation of the blockchain technology is hiring. So, what is hiring all about? Hiring is said to be a contract by which an individual is employ to partake in tasks and job for a reward known as wages.

Why Hiring in Blockchain?

Blockchain technology partakes in a process that eases the processes of hiring. Hiring without the blockchain is time consuming, stressful and waste of resources. Hiring industries has to undergo tedious processes to verify and validate candidates that are suitable for the job.

Blockchain undertake another measure in tackling the issues of hiring industries. This brings together the employers and the candidates in an ease and simple process. The users are in control of their data. There is no database administrator that have access to their data, such information is store in a block within the blockchain and cannot be altered by any users. The blockchain matches the correct user to the correct task.

Introduction to TalentSnap

Talent Snap is a decentralized P2P network that is integrated with Artificial intelligence and Machine learning technology. TalentSnap serves as a medium for hiring process in blockchain. They are equipped with highly sophisticated decentralized blockchain system in which individuals are able to input their data for the purpose of Hiring. These individuals are rewarded for inputting data within the TalentSnap platform. These strategies encourages users to get engross to the platform and enable TalentSnap to achieves their target goals.

All data input are decentralized that means users have full right and control of their data unlike the centralized hiring database. These ensure the safety and integrity of the user’s data. With this sophisticated development, the data cannot be disseminated, tamper or hack by other clients. In this blockchain, users can only read and write within the blockchain, a phenomenon known as Write and Read operations respectively.

Another amazing strategy of TalentSnap is the integration of Fitscore technology. Fitscore enable the compilation of data within the platforms. It serves as a medium of search for candidate that suits for a particular task. Employers used Fitscore to search for candidates that are competence and suitable for the job or task. The candidate is reward in TSC token when employers seek access to their data. Therefore, Fitscore technology enables hiring automation within the TalentSnap platform.

In conclusion, TalentSnap aims at solving the problems encounter within Hiring industries. This platform encourages people to engage in hiring automation within the blockchain. They are here to bridge the situations that occurred between the employers and individuals that are certified for the job or task.

Differentiation between decentralized and centralized hiring database

Centralized hiring database is a platform where individuals are able to input their data in order to get accurate jobs that match their data. In this centralized platform, individuals don’t have full control over their data. The user’s data is at risk of dissemination, and the platform is probe to hack. Users can only create, read, upgrade and delete data which is known as CRUD.

In decentralized Hiring database, the users are the owner boss of their data. They have full right and control over their input data. These data are secure, immutable and store within the blockchain. So, the blockchain cannot be easily being hack and no data could be disseminate within the platform.

Brief insight about TalentSnap

TalentSnap is integrated with FitScore technology. FitScore is used as a medium of search for candidates that are suitable for certain job. This can be categorized below;

Stage 1- users is active and seeding, employers will be able to pair with them via FitScore, in which the candidate will also earn TSC tokens.

Stage 2- users is seeding and not active. Employers will not be able to pair with them via FitScore and this user can also earn TSC token because they are member of TalentSnap platform.

Stage 3- users are not seeding and not active. They will not be pair with employers via FitScore technology and wouldn’t be reward with TSC token.

TalentSnap coin token details

TalentSnap coin token with a ticker TSC, is a utility token that is based on Ethereum. TSC is an ERC-20 utility token that is used to facilitate hiring in TalentSnap ecosystem. This token will be reward to users that input their data within TalentSnap platform. TSC token is used as an exchange between the employers and candidates. This platform monetizes data input by candidates and when employers are interested in that data, they pay a certain amount of TSC token.

Symbol; TSC
Total supply; 403,333,333 tokens
Total to be sold; 242,000,000 tokens

ICO details

TalentSnap plan to sell 60% of the total supply of TSC token. TalentSnap wish to achieve a soft cap of 2,000 ETH and Hard cap of 40,000 ETH. The pre-ICO phase 1 which just ended recently, a total token of 14,000,000 TSC was sold from 10th – 30th August, 2018. The token was sold at 7000 TSC per ETH. The Pre-ICO phase 2 is still ongoing from 1st – 30th September. At this phase, the token is sold at 6000 TSC per ETH. If the hard cap is reach, the main sale will not take place and if the soft cap is not reach, the token will be burnt and refund. If the hard cap is not reach, then the main sale take place from 1st Oct. to 30th Nov. 2018. A total token of 242,000,000 TSC will be sold.

Token allocation

Roadmap