HIREMATCH – NO MORE TEDIOUS JOB SEEKING
In the modern-day world, the struggle we undergo to get a job can’t be described by words. We go to a job board like LinkedIn, Indeed or Naukri and search a job, apply, wait for the response from the recruiter and then after a few days, apply for the next job and the cycle continues. Even though you are very much qualified for the job, you may not get the response from the recruiter. Another problem with these job boards is that, whenever we want to apply for a job, it directs us to the company’s website, where we should again enter all the details that we have already given in the job board. This all takes time and sometimes the applicant doesn’t have the patience. I, for once applied for a job where it took me through 3 more job boards and finally entered the company’s website where it displayed “They are no longer taking applications for that job.” I went through filling all the forms in 3 job boards for a job that no longer accepts applications. It all happens because there is a communication gap between the job boards and the companies. The employers also have difficulty choosing among the large chunk of applicants. LinkedIn is trying to overcome the problem by making an easy apply option but currently only few companies are taking applications like that. Most of the job boards are centralized and they don’t connect the employers and applicants well.
HIREMATCH
Hirematch is a decentralized job board, which uses smart contract blockchain technology to recruit people. What is a smart contract? It is a new process of exchanging cryptocurrency, data, money, properties, shares through a secured Ethereum network. Hereafter, no more troubles for the employers to filter out the applicants and no more waiting for the applicants. If your profile is meeting the expectations of the employer, you will be directly approached by the employer.
HOW DO THEY WORK?
If a company is looking for an employee, they put a job poster in Hirematch as a smart contract and put some amount of tokens(HIRE) as a bounty. A bounty is an amount that will be paid to the agents, employer, and employee after a successful acquisition. Now, the job poster will be shared among the matching agents in the blockchain. These agents will, in turn, refer the job to their contacts to find the suitable applicant. After the applicant is hired by the company, they will share the bounty amongst agents and the contract is closed.
Hirematch works within an Ethereum blockchain platform and it has a closed loop payment system. So, whatever tokens(HIRE) that are created are used only within this platform and cannot be used outside and no new tokens can be created or destroyed. The number of tokens within the platform remains constant.
Normally, for a company, it takes a long process to hire a candidate for a job and it takes so much cost for an employee acquisition through job boards. If the same company hires through Hirematch, it will be so much cost effective and the time taken for the process will reduce drastically.
Hirematch will soon release their platform and mobile app within March 2018.
CONCLUSION
In the present generation, every job board is trying to make use of the blockchain technology and Hirematch is the first job board that is based on Ethereum blockchain technology which is fully decentralized. Hirematch will soon make the recruiting process easy for both employers and applicants.
For more details visit:
Website: https://www.hirematch.io/
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=2180727
Written by: karanj
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1030341