use case: case study recruitment process · use case: recruitment industry several billion dollars...
TRANSCRIPT
CASE STUDYSOLVING THE PROBLEMS WITH DIGITAL IDENTITY, PRIVACY & SECURITY
DIGITAL IDENTITY
DIGITAL PRIVACY
DIGITAL SECURITY
Identity TheftBank FraudData TheftFraudulent Purchases
Irresponsible control and distribution of
data to third-partiesNot having control over your own data
Tampered and stolen data
Data BreachRansomware
USE CASE: RECRUITMENT PROCESSSOLVING THE PROBLEMS WITH DIGITAL IDENTITY, PRIVACY & SECURITY
DIGITAL IDENTITY
DIGITAL PRIVACY
DIGITAL SECURITY
Identity TheftBank FraudData Theft
Fraudulent Purchases
Irresponsible control and distribution of data
to third-partiesNot having control over your own data
Tampered and Stolen dataData BreachRansomware
USE CASE: Recruitment Industry
Several billion dollars is spent on advertising in the recruitment industry. Even after people apply, companies spend on average $4000 in order to find the right candidate (2). This is a 200 billion dollar industry worldwide (1).
(1) https://www.forbes.com/sites/joshbersin/2017/05/26/google-for-jobs-potential-to-disrupt-the-200-billion-recruiting-industry/#6e07324d4d1f (2) https://www.prnewswire.com/news-releases/bersin-by-deloitte-us-spending-on-recruitment-rises-driven-by-increased-competition-for-critical-talent-300070986.htmlSources:
Problem: Process is too Lengthy and Candidates are Lost
Average time of application process. Lengthy.
3-5 weeks
Great candidates are lost because of a lengthy
process.
RECRUITMENT PROCESS
Resume from applicant.
Filtering applicants.
Interview.
Further screening such as background check.
Job offer.
=
Applicant has dropped out.
Solution: New Process Using Blockchain
Applicant sets up profile, than uploads resume and background check information. Information is written onto blockchain.
Certain information is verified through institutions. Signature from applicant is required, stating that information is true.
Proxy re-encryption is used which increases security measures and allows applicant to have control over data.
Applicant sends resume. Job offer is made and applicant allows for background check information to be viewed by recruiter.
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(Process is taken less than a day or two)