One of the most important problems in our time is the certificate fraudulent. Every day, more and more applicants are faking their educational or experience certificates to get a job. With time, when frauds busted, they are being accused and punished. But the breakdown here is, the institution that hired the applicant is being damaged by non-experienced workers. This situation brings tremendous problems for institutions.
Furthermore, there are firms which work to provide fake certificates to candidates only for $100.
There are 220 bogus education institutions which provide fake certificates in the UK, fake institutes that resembles original universities, agencies, individuals are selling fake degrees to the students, it becomes difficult for the recruiting companies to curb these illegal activities.
This example is only for England. Let me encourage you to make a Google search as fake certificate. Please make that search before you keep reading this article.
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Amazing, right?
This is a huge problem. Either way, you don't want to team up with a man who does not qualified for the job, because you don't want to work more to cover somebody else's mess, or you don't want to give a job to not qualified man since you don't want to disrupt the working order of your workers.
Now, there are two solutions to this problem.
1- You can make a deep background check which may take your months.
2- Work with TalentChain.
What is Talenchain
Talentchain is a decentralized platform which provides every individual person to have their certificate vault on a blockchain. Also, they are planning to provide a service to all universities and firms for issuing and maintaining their certificates on the blockchain to students.
With Talentchain, corporates can check easily about the authenticity of any applicant, after getting permission for verification from the platform.
So with a few words, TalentChain is a decentralized platform which provides trusted verification over institutes and universities to individuals to check any kind of certification from university degree to conference certification.
How Talentchain Work
There will be 3 major participants in the TalentChain network.
Educational Institutions is going to place necessary information to the blockchain, like lectures and certificates for people.
**Employers ** will be able to verify the certificates over the blockchain with the permission of individuals.
Governments will seek compliance while supporting the development of this talent pool.
Here is a graphical explanation of Talentchain.
Benefits
- Employees will be able to verify the necessary informations over the blockchain. They even will be able to connect to the platform over HR Softwares.
- Recruiters will be able to work with the transparent hiring process.
- Educational Institutes don't have to work with hard copied documents, and their reliability will increase.
- Students and Professionals will be able to benefit the digitally verified, secured and immutable documents.
Here is the graphical explanation of the Benefits of using Talentchain.
Token Usage
Talentchain platform issues Ethereum based utility tokens called “TTO” which can be used in the internal ecosystem of the platform for services availed.
Talentchain Team
The team has a good background which you can take a look at over the Website or their Linkedin Profiles.
Here is the demo.
Rangin Lahiri – CEO & Founder – He’s having 18+ yrs. experience in Technology domain with Cognizant, PwC, IBM as Practice Leader, Director, Partner roles. P&L responsibility for Digital Transformation practices spanning multiple geographies. Has worked with Atos Consulting in the Netherlands to drive Digital & Customer Experience Solutions.
Ayon Hazra – Co-Founder – He works as the Lead Blockchain Strategist & Head of Presales and Business Development at Qlikchain. He has 13+ yrs. Consulting & Presales experience in Digital Technologies in CRM and BPM domain and has worked in Cognizant Business Consulting, Ericsson, and Oracle Consulting. He is an expert in leading process consulting initiatives applying BPMN2.0 framework. He holds an MBA and a bachelor’s in information technology.
Debmalya Changdar – Head of Business Consulting – He heads the Business Consulting and Product management roadmap at QlikChain. With 14+ yrs. experience in Fintech domain with technical expertise in distributed databases, decentralized applications and deep techno-functional expertise in Presales, technology program management & rollouts.
Roadmap
Here is the Roadmap which is provided by the team.
Q1 2018
TalentChain Product Ideation. Domain Name Registered.
Q2 2018
First University registered. Development starts. Private Alpha of Main (V1) functionality.
Q3 2018
Website published. Feature finalization. ICO website launch. Pre-ICO starts. First public implementation of TalentChain in Mainnet. ICO token launch & crowd sale. ICO starts.
Q4 2018
ICO completes. Private Beta of V2 release. Private Beta of main functionality. Audit & Review.
Q1 2019
V2 release of TalentChain. Implementation of additional nodes in production.
ICO Metrics
- Token symbol: TTO
- Total supply: 300,000,000 tokens
- Token type: ERC20
- Hard Cap: $15,000,000
- Soft Cap: $2,000,000
- Crowd Sale: Starts from 15th September 2018
Note: 60% of the tokens are allocated to crowd sale
Useful Links
- Website: https://www.talentchain.com
- Whitepaper: https://www.talentchain.com
- Telegram: https://t.me/TalentChain_official
- Twitter: https://twitter.com/Talent_Chain
- Facebook: https://www.facebook.com/TalentChainOfficial/
- Reddit: https://www.reddit.com/user/TalentChain
- BitcointalkANN: https://bitcointalk.org/index.php?topic=4958902.
Ethereum Wallet Address: 0x0Af863DC05fd242d46829a1835555ff4e99902eE