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  • HireMatch  – A Decentralized Blockchain Based Employee Recruitment Marketplace

HireMatch  – A Decentralized Blockchain Based Employee Recruitment Marketplace

  • by Thomas Beck
  • August 14, 2017
  • 0
HireMatch

HireMatch is a decentralized employee recruitment marketplace that does not rely on traditional recruiters or “headhunters”. By employing user agents on the HireMatch network, a P2P decentralized job market will be created using their token as an incentive to user agents to submit and verify applicants.

HireMatch has a mission to revolutionize and disrupt the job marketplace by improving the current job marketplace quality worldwide, reduce the costs across the board, increase employee quality and create a community of people. Via the (HIRE) Token, they will implement a democratization of the job market. By using and implementing this platform, agents will receive rewards in the form of (HIRE) tokens, giving power back to the people and away from large corporate job boards.

Their goal isn’t to compete directly with other cryptocurrencies, such as Bitcoin, but rather to provide a solution and support for the current woes in the job board and recruitment marketplace.

Why are they better?

These legacy sites are centralized and do very little to find quality applicants through the high-powered engine of social networks and other information sources. HireMatch is a platform that will be engineered to leverage both Ethereum blockchain technologies and it’s Smart Contracts to increase efficiencies and decrease the high costs of employee acquisition that many companies face. HireMatch is a closed loop payment system, meaning no new tokens will be created or destroyed and HireMatch will only accept (HIRE) to fuel its network of agents.

Smart contracts contain code that can be used to make decisions, store data, and send cryptocurrency to others. A Smart Contract is defined by it’s creators, but the service it offers, provided by the ethereum network, executes automatically.

Conclusion

The advancement of blockchain technology is becoming apparent in all industries. Most of these job boards are taking advantage of the wider audience available through the use of mobile applications and other advancing technology. HireMatch.io is positioned to take advantage of this trends and disrupt the job board and job marketplace as cryptocurrency and blockchain technology become mainstream.

 Photo Credit © Shutterstock

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