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An Insight into the Prime Talent Chain’ Ecosystem
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Topic: An Insight into the Prime Talent Chain’ Ecosystem (Read 117 times)
primetalentcoin
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An Insight into the Prime Talent Chain’ Ecosystem
July 20, 2019, 10:43:10 AM
#1
Prime Talent Chain simplifies the existing staffing and recruitment industry by eliminating the existence of middlemen and employers through the open talent pool by integrating Blockchain, AI and Machine-learning technologies that makes the recruitment process easier.
The process is as follows:
Resume sourcing algorithm to collect resumes
The AI, blockchain and Big Data enables for preliminary background check
Pair the resume to the right skill pool
Hire from the cesspool of resume according the needed specifications
Current challenges in recruitment industry
Large pool of resumes to search through
Lengthy hiring cycles
High cost of Hiring
Lack of high-quality profiles set for the specific job
Current challenges faced by job seekers
No feedback from employers
Incorrect job descriptions
Incomplete information about the organization
Lengthy interview process
PTC is considered to be a game changer for the recruitment industry and plans to reduce hiring costs and time by more than 75%.
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