Blockchain-backed verification to bridge recruiters’ trust gap - The EE

Blockchain-backed verification to bridge recruiters’ trust gap

Rene Seifert of TrueProfile.io

TrueProfile.io, a provider of Primary Source Verification (PSV) services, has announced its updated service offering a new platform that brings together verified professionals in an ecosystem of trust, making it quicker and safer for businesses to hire the right people, while empowering individuals to accelerate their own career potential.

TrueProfile.io is a technology-driven platform which connects international employers with trusted professionals, whose credentials have been verified at the source. This trusted environment allows businesses to mitigate risk and save time by making informed decisions about the individuals they choose to work with.

Through Verification-as-a-Service (VaaS), TrueProfile.io safeguards businesses against fraudulent candidates with false credentials and it also carries out pre-employment checks to the highest standards to ensure compliance. Furthermore, the TrueProfile.io Recruiting platform enables businesses to search and contact pre-verified professionals who are open to new opportunities to dramatically reduce the time-to-hire.

For individuals, the platform empowers them with the tools needed to build a successful career abroad by enabling them to present their pre-verified credentials to employers, recruiters, regulators and authorities around the world. Candidates can create a free digital CV via the platform, which includes their verified credentials and can also make their personal ‘myTrueProfile’ page accessible for global recruiters so that they can be contacted with attractive job opportunities.

Rene Seifert, co-head of TrueProfile.io says, “We’re thrilled to be unveiling our updated service offering, which has culminated in the launch of our redesigned mobile-enabled website. We have an improved user experience and it’s now much simpler for individuals to build a better career.

Additionally, we’ve expanded our offering to businesses to meet their needs and have an exciting new blockchain partnership with Matic. Matic, a side chain of Ethereum, offers a number of benefits that we can pass on to our members and partners via the services we provide. These benefits include improved scalability, faster confirmations and lower transaction fees; factors which are crucial to our growing platform of over half a million professionals.

“We’ve always taken a blockchain-first approach to our business model to give applicants full control over their documents, both online and offline through blockchain technology. For example, as passports or university certificates are privacy-sensitive documents, we only store document ‘fingerprints’ on blockchain.

Each fingerprint is individual and does not reveal any information about who the document belongs to. This means that the records cannot be tampered with thanks to the immutable nature of the blockchain protocol, as every member has to agree to its validity and can check the history of record changes.

Every ‘TrueProof’ is therefore authenticated and secured. This method also eliminates the continual churn of verification requests on employers and educational institutions every time a professional applies for a new role the verification can be done once and then shared with the relevant employer, regulator or professional body for the lifetime of the individual’s career.’’

Rene concludes, “We’ve been receiving fantastic feedback from our partners and members on these updates already and look forward to the roll-out of further exciting innovations in the coming months stay tuned!”

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