The hiring industry is a busy place with lots of activities of hiring processes. The procedures for attracting, shortlisting, selecting and appointing suitable candidates for jobs can be overwhelming. Employers are looking for suitable candidates that will meet the organizational need. While candidates are out there looking for suitable jobs. The Hiring process can be hectic, tiring time-consuming with a high cost. It is impractical for an employer to call for every potential candidate that applies for a job. A smart employer will always look for a way to hire an applicant with easy and convenient. While a smart candidate will also look for a medium that will give him the possible best option. This they got, with the TalentSnap hiring platform.
Current Hiring Challenges
There are issues in the present hiring processes for all stakeholders which includes but not limited too;
1. The Employer
The employer faces so many challenges when hiring potential candidates. Job vacancies that are not posted on the right platform will not attract the needed audience. A wrong platform will not get interested candidates and will result in no one applying. There are situations where the employer will get tonnes of applications with too many candidates applying but none is qualified for the advertised post. The employer also faces a high cost in hiring personnel base on the processes, procedures, and expenses with a high cost incurred at the end. Presently, the employer is struggling with manual, centralized websites and applications that are being used to hire potential candidates. They do not give accurate information on the candidates. Some employers end up firing applicants that were employed base on their resume and at the end do not perform as expected.
2. The Candidate
The current hiring applications, websites and interview panel do not meet the need and expectation of the applicants. Most have a long waiting period before jobs are offered. Some interview panels discriminate and are biased thereby not hiring the best candidate for a job that he had met all the requirements. Candidates take up jobs because of frustration and end up not performing well because they are not happy doing it.
3. Websites and application platform
Existing hiring applications and websites use centralized systems that are not secured. In most situation applicants data is owned by the employer which are stored on their centralized servers. Centralized servers can easily be hacked by savvy hackers and employees’ data can easily be stolen. With the centralized servers, employees' data can be deleted or tampered with.
Competitive Landscape
The TalentSnap Hiring Platform Offers
The Talentsnap platform has something for all its stakeholders which includes;
1. For the Employer
The TalentSnap platform offers the employer the best application automated ecosystem in the hiring industry. The platform has a FitScore technology that is built on the blockchain with thousand and million of indicators base on the best hiring metrics. It makes it possible for an employer to be matched with a candidate based on artificial intelligence and machine language. It displays a 1-100 match for the users to chose from. The employer is able to search, review and employ a candidate within seconds base on the recommendations of the FitScore. The employer is confident that the candidate employed on the TalentSnap platform will be the right and suitable candidate for the assigned job.
2. For the Candidate
The TalentSnap ecosystem provides an opportunity for the candidate who is the applicant looking for a job. The platform empowers him with the best possible job available. The FitScore also matches the candidate with 1-100 available jobs. The platform makes it possible for the applicant to be employed within seconds with a perfect job that he loves. With the TalentSnap platform, a candidate will not have to undergo lengthy interview processes. He does not need to wait a long time before he is offered a job. The platform ensures candidates data and information is secured and encrypted on the platform. Candidates are rewarded with the TSC token when their data is searched, viewed and for their computational power.
3. The TalentSnap Platform
The TalentSnap platform is a decentralized Ethereum blockchain technology that uses AI and machine language in combination with the FitScore technology. It provides an automated, secured and user-friendly environment for all stakeholders in the hiring industry. The platform utilizes the TalentSnap token as the means of payment, transactions, and reward. The token used is an ERC 20 utility token.
.
Utility Usage on the TalentSnap Platform
- Hiring Economy: The token is used by members to claim their profile or make a purchase to get access to the platform. The candidate uses the token to apply for a job while the employer uses the token to search, view and employ a potential candidate. The FitScore technology and AI gets the match and make a recommendation to both parties.
- Processing Power & Storage: The TalentSnap token is needed to store data and to participate in power distributing on the platform. Data is stored as a node with the control and ownership given to the user. The TSC token activates the FitScore which gives a recommendation of 1-100 incredible matches.
- Governance: The Platform allows token holders to take part in decision making on the ecosystem by voting. An issue with a result of 50%+ votes is implemented.
Competitive Comparison
Conclusion
TalentSnap ecosystem had made hiring processes interesting and convenient with its automated decentralized platform. The platform provides a robust innovation that is AI and machine language driven. This has bought a great improvement in the hiring processes where hiring is done in just seconds. The platform provides an accurate result and recommendation base on the multilateral evaluation of the FitScore technology.
For more detailed information. Click on reference links
For more detailed information. Visit the Whitepaper and Website . Join the Telegram for answers to your questions. Follow the Facebook account and Twitter for important updates.
Author's Authentication Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1163494
Bounty0x Username: Munareal