When it comes down to getting a job, all that matters is your qualification. It simply acts as proof that you are suitably qualified for the job you are applying for.
Meanwhile, there is a process known as Credentialing. It aids in authenticating a person’s professional certifications. It is done to make sure the qualification stated are legitimate.
This process of verification is not taken as a joke as it means serious business. And so, it is not uncommon for employers of labor to ensure that an applicant has the credentials they put up on the curriculum vitae.
Moreover, Blockchain is about to transform the whole process this time around.
First Use Case
Not too long ago, PWC; Price Water House Coopers announced that they would be trying out blockchain’s public ledger to validate their employee’s qualifications.
PWC will be partnering with ICAS; Institute of Chartered Accountants of Scotland to apply this solution.
While PWC will not be the first actually to try out this experiment, there have been reports that some healthcare and educational industries have applied this solution during the credentialing process.
Using blockchain to validate professional qualifications will transform the hiring process and make it more transparent plus, it will make the employers much more accountable.
It will be beneficial to not just the employers but also the issuers of certificates and the owners. Also, the staff at PWC that qualified as chartered accountants at the institute will also be given a certificate based on Blockchain technology.
This certificate will be kept in a special computerized wallet that is owned by the staff. Through this, PWC, its staff and the institute will gradually move up the virtual maturity step.
One Common Good
The utilization of the Blockchain platform is to disrupt the paper-based certificates. In cases where your certificates are virtual, it is more accountable as it cannot be tampered with.
According to Bruce Cartwright; the Chief Executive of ICAS, people engaged in this trial experience can finally take control of their personal information by displacing the paper certificates with a much more secure computerized edition.
This technology will enable swift validation of credentials as it puts an end to all the back and forth involved with the paper-based certificates. The virtual certificates will be kept on the owner’s virtual wallet.
This alone can give the owner complete control of their documentation. Now, owners will be much more accountable for their computerized wallets and the information Privacy of its contents.
Currently, in this virtual era, proving your identity and even your qualification is very serious. PWC have issued statements that this trial will solve one of the largest issues that pertain to the hiring procedures.
To Wrap It Up
There is an increased requirement for validated, honest and irrefutable certifications from a lot of organizations.
However, the common difficulty they are all plagued with is making sure that the applicant actually holds the credentials they have listed on their curriculum vitae.
Since Blockchain is highly immutable, recruitment managers can screen applicants with ease and be guaranteed that their documents are accountable.