TalentSnap Ecosystem - The Future of Hiring with Blockchain and AI

The hiring industry is a $400 billion / year industry which is an indicator that the sector is viable with a lot to offer. Currently, most hiring websites are centralized with so many challenges such as data integrity, security issues, flawed interview processes, and a high cost of hiring. A lot is being done to improve the hiring processes with decentralization. None had come up with a good project that will automate, decentralized and use artificial intelligence to hire job seekers like the TalentSnap project

The TalentSnap Project

The TalentSnap project has embarked on a difficult but doable project. The TalentSnap project is building an automated hiring ecosystem using Homomorphic Encryption, Federated Learning and Proof-of-Identity in combination with its FitScore technology. The ecosystem is created on the decentralized blockchain technology.

Problems of Traditional Hiring

Over 90% of the world population uses the internet daily. A huge amount of data and information is being fed and used. Most websites and platforms on the internet are centralized and they store and access user’s information that way. Centralized systems are not secured making it easy for savvy hackers to penetrate a website and steal user’s information. Also, some unethical website sells their users information.
Using Machine language and artificial intelligence on a centralized system is deadly. It is easy for nefarious people to get access to a centralized database and server. They use the information to manipulate businesses and the human race at large.
The information from centralized hiring services is not accurate and mostly fake. They do not verify the information. This results in hiring incompetent people and placing candidates in wrong jobs.
Centralized hiring services and websites are not reliable as users database can be modified or deleted. Information can be intercepted and diverted.

The TalentSnap Solution

The TalentSnap platform offers an autopilot hiring ecosystem. Candidates are hired with ease and convenience. The cost of hiring is cheaper with the TalentSnap platform which eliminates hiring cost such as the cost of advertisement, third-party recruiter fees, employee referral bonuses, sign-on bonuses, travel expenses, in-house recruiters’ expenses and much more.
The TalentSnap platform has created the FitScore technology which helps matches employers to candidates base on skill, educational background, culture, experience, personality and other hiring metrics using the blockchain and artificial intelligence.
The platform offers a much more secured ecosystem where users’ data and the information is encrypted and stored on a tempered proof application. Users data and information is verified, encrypted and ownership and control are given back to them.
The users of TalentSnap platform get to be hired base on their qualifications and skills with no delays thereby earning income. They also get to be rewarded for their data being used.
The FitScore technology makes is faster and easier the hiring process for companies. It comes out with a 1-100 match recommendation for both the employer and candidates thereby giving a wide variety to choose from.
The use of the TalentSnap token TSC on the platform will bring a good exposure to the use of cryptocurrency to the new user and towards a massive adaptation over time.

The TalentSnap TSC Token

The TalentSnap Token is the cryptocurrency that is used on the TalentSnap platform. It is an ERC 20 utility token used on the Ethereum blockchain technology.
The FitScore technology of the TalentSnap ecosystem utilizes the TSC token on the platform to hire the suitable candidate. Candidates who are job seekers also use the TSC token to be hired. Users are rewarded with the token when hiring parties search or view their profile. The user that has not updated his profile can earn token too but the token will be stored on a special wallet until he becomes a member and claim his profile.

Token Details

Roadmap

Conclusion

The TalentSnap Project with its automated FitScore technology has disrupted the hiring process of the labor industry with its innovative blockchain project. Employers and candidates will have confidence in using the platform because of its thousands of millions hiring indicator algorithm. Its unique matching recommendation makes it possible for an organization to hire a suitable candidate that will contribute to the bottom line of the organization. The problems of centralized hiring systems has been resolved by the TalenSnap ecosystem.

For more detailed information. Visit the Whitepaper and Website. Join the Telegram for answers to your questions . Follow the Facebook account and Twitter for important updates.

Author's Authentication Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1163494

Bounty0x Username: Munareal