When things are segregated based on a few parameters, it is easy to choose one among them. We all can agree on this. For instance, a neatly segregated wardrobe will help us save a lot of time when we try to find one apparel in particular.

This applies to the recruitment industry as well. You might be thinking How?

Candidates with different capabilities and skills apply for a role that is not entirely appropriate to them. When a job opening receives 250 resumes on average, 75% to 88% of them are unqualified or under qualified. For a recruiter, hiring the best-fit is easy when there is a group that consists of verified and skilled professionals.

PTC develops Skill Communities using Blockchain technology that makes it a highly secure solution solving the pressing problems of the recruitment industry.

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Location and the skill set of the candidates are the two main parameters for segregating the candidates.


The other parameters used for building the skilled communities are:

• Skill rating
• Educational qualification
• Experience level
• Feedback from previous employers and interviewers
• Domain and related aspects

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The ecosystem consists of two wallets; PTC Coin Wallet and Fiat Wallet with an Internal Exchange. The job seekers and employers can deposit into the fiat wallet and pay in Prime Talent Coins to the PTC portal while the service providers can withdraw in fiat currency for their work.

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Yes. with you crypto enthusiasts.

PTC pledges to reduce the expenses by 80% by eliminating the involvement of intermediaries like job portals/consultancies. Using skill communities ultimately saves the money that is spent on vetting and communication as the PTC ecosystem is automated and is supported by technologies Blockchain, AI, Machine Learning and Big Data.

Blockchain is not a jargon anymore with the technology reaching the common crowd in a lot of aspects. Blockchain technology is being implemented because of its decentralized and tamper-proof nature.

For a common man whose buys vegetables in a market will not know from where the vegetable had originated or which warehouse it went or any of the details. But with Blockchain technology, anyone and everyone can track a product thus maintaining transparency.

The breakthrough is yet to come in the recruitment industry with Blockchain. The current recruitment industry is very time consuming and cost intensive. Using technologies can Blockchain and AI will make things better. If that happens, every person will have a positive impact on their lives and their career. Prime Talent Chain uses chatbots, IVRs, automated emails and calls to make communication instant and this will lead to instant feedback and quick resolving of queries. Also, with blockchain, the data can be stored securely and background verification can be done at a faster rate compared to being done manually. Learn more about it.

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Privacy is one of the biggest challenges for traditional data sharing platforms. Blockchain technology provides the best solution to this privacy challenges. PTC harnesses three main features of Blockchain to optimize the platform.

These are: 1. Security 2. Trust and Control 3. Decentralized monetization process

Security: Security is a crucial aspect of the data exchange process. The simplest and most common form of a security breach is the unauthorized access of data. We see many instances of data hacking, and even the biggest inherent security to protect all identity and data protocol referenced in the system.

Trust and Control: Smart contracts create trust between corporates and candidates. This system is automated and run on the Blockchain to verify the authenticity of the parties involved in each transaction. This trust enables more corporates and candidates to join the network.

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 If being an entrepreneur is not an option then most of us would end doing a job. We all are/were an active job seeker and the current recruitment process so time-taking. On the recruiters side, the expenses in getting a good resource keeps increasing. For a common man like you and I, we are going to have a fast and cost efficient process. We no more would have to manually send resumes to every single potential employer. You will get more job options. With jobs being an important aspect in everyone’s life, PTC will surely impact the career and lives of common people.

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Revert back for any queries.  https://primetalentchain.com/pdf/PTC-Whitepaper.pdf

Here is the link:  https://t.me/joinchat/Ij6yrkU2EnWDDQ1GgL83YA

The main role of consultancies is to gather relevant and the most suitable candidates for the job role posed by the recruiter. Based on a few criteria set by the recruiter, the candidates who apply have to be filtered and this process when done manually takes a lot of time. At PTC, as soon as the required skill communities are accessed by the employer, a smart contract is created. Only the job seekers who comply with the set of parameters established by the recruiters are notified to take the recruitment process to the next level. Thus through an open mobile platform that consists of skill communities and hiring managers, the need for mediators is entirely avoided.

Intermediaries like job portals, recruiters, staffing agencies, social media, advertisements, and large in-house recruitment teams are negated. This decentralization opens up direct communication between hiring managers and candidates resulting in faster communication and instant update about the candidature. Blockchain technology, lauded for its secure and decentralized characteristics, makes data breach impossible. Privacy is maintained through our consensus protocol thus installing trust between the parties involved.