[ANN] GoRecruit - Artificial Intelligence for HR Based on Blockchain

[jjklondi521]

I dunno, seems like a unique project, at least I haven't heard anyone doing anything similar.

[KitPat22]

Hi, yes, you can see it on GitHub.

Ok, thanks, seems good.

[GoRecruit]

You are saying you have been on the market for a while now, could you specify for how long?

Sure, since 2015.

And now it's time to talk about the HRM Market!

The global market of systems automating human resources management (HR Management, HRM) continues to grow actively. Its average annual growth is about 8%, and the rate is only rising, reaching about $ 14 billion. Industry experts estimate the market dynamics differently but agree on one thing: this market will undoubtedly increase. It is projected to attain USD 30.0 billion by 2025, according to a new report by Grand View Research, Inc. Besides, one of the main trends defining this growth is the increase in the number of SaaS solutions, which occupy a significant market share nowadays.

The primary driver of the HRM market is the global task of improving the efficiency of employees, which concerns most of the world’s companies these days. The second important driver is the professional development of HR-services themselves, for which the HRM-system becomes a tool for solving more complex and uncommon tasks.

HRM market experts believe that cloud solutions will take a large share of the market in the coming years. Big data analytics, machine learning, artificial intelligence, and the Internet of Things are also expected to impact the HRM market positively.

GoRecruit is an artificial intelligence system for helping small enterprise executives and employees of personnel services to make HR decisions. The system analyzes data from social media and publicly available sources and uses a blockchain-based architecture for data storage.

The key advantages of truly effective recruitment are the involvement of motivated employees who can achieve high productivity and ensure stable growth of human capital assets. First and foremost, software for recruitment can reduce the time and the costs associated with the process of hiring new employees.

Increasing need for managing the widespread workforce and growing demand for replacing outdated recruiting systems with improved human capital management platforms are supposed to fuel the HRM market growth.

[johnleo]

hi, I think traditional recruitment program already strong in this field and I known one project similar to your project failed last year. But let's hope you can survive in this field and I want to know what is your advantage compare to others platform?

[GoRecruit]

hi, I think traditional recruitment program already strong in this field and I known one project similar to your project failed last year. But let's hope you can survive in this field and I want to know what is your advantage compare to others platform?

Hello, our main advantages to other platforms are the cheapness of one evaluation, its speed and the fact that the result of an assessment is not just a rating, but also a candidate's psychological profile. None of the other platfoms work this way. Besides, the service is just convenient and can adapted to any profession!

[GoRecruit]

GoRecruit: high technologies in the service of competent recruiting

The main task of recruiting is the search for candidates who have the technical skills necessary to perform the work and who fit the existing team of the company. The main tool used by recruiters to assess a candidate has always been an interview. However, this method requires enormous time and financial costs. Besides, as practice shows, it is not good enough to predict the productivity of work.

However, in the future, recruiters will have access to automated tools that can determine the degree of compliance with high accuracy, and this will radically change the recruitment process as a whole. Recruiting technologization is a step into the future for all those involved in hiring the staff.

However, the scope of HR is quite conservative. Of course, nowadays, recruiters rarely deal with paper documents, they work on the Internet, looking at resumes, profiles, and applications from candidates with the right skills. However, on this, the introduction of technology in the hiring process is almost over. These processes allow you to streamline the documentation related to the search and recruitment of individual employees, simplify the notification of candidates about new vacancies. This all speeds up the process, but also increases the funnel of candidates, and thus increases the load on the recruiter. Besides, new technologies in HR at this stage do not solve the main problem that every company faces every day: assessment of the candidate as a person, suitable or not suitable for work in this company. It is this characteristic that is decisive for business owners: according to the research of the company Instructure, which analyzes the HR-market, 85% of managers prefer to hire employees who are capable of becoming a full-fledged part of the team; technical skills are second in this system of priorities. This problem is intended to solve the technology of the future.

In recent years, several studies have appeared which state that a person can be most objectively assessed according to his digital portrait: a page on a social network and information trail on the Internet. The computer model turned out to be more accurate than the independent and third-party assessment of the candidate by 12 out of 13 points. These studies have tremendous value for recruiters. Digital traces in the form of notes on social networks, search and purchase history, emails, calls — “big data” — gradually penetrate all recruitment processes.

GoRecruit is an artificial intelligence system that can already evaluate one or another candidate on his social network page and open data. The system assigns a rating to the applicant by analyzing his digital portrait and comparing it with the requirements and demands of the company. The further decision is already taken by a recruiter, who is freed from the largest and routine work: the primary selection of applicants. Thus, the HR-manager gets into his hands an invaluable tool that gives the most significant advantages in the hiring process: speed, objectivity, and impartiality.

[GoRecruit]

GoRecruit can help 4 billion people on the planet

More than 7 billion people now live on Earth. According to the Food and Agriculture Association of the United Nations, 65 percent of them are able-bodied and employed in the labor market, that is, they constantly face finding work or hiring employees.

The global labor market has emerged in the last 30 years when developing economies began to compete with developed ones. Today, the situation in the labor market is quite tense: in countries with a developed economy, the demand for highly skilled labor is now growing faster than supply, while the demand for low-skilled labor remains weak. The McKinsey Global Institute (MGI) believes that this trend is gradually spreading to developing countries.

As a result, modern enterprises are particularly interested in how to find employees with the necessary skills and how to build strategies for hiring, retaining and training employees that will give them competitive advantages. Proper recruitment becomes vital for any business, both large and small, and the automation system for hiring new employees here can come to the aid of the employer.

GoRecruit as an artificial intelligence system that assesses an applicant for social networks and open sources can be one of the solutions to this problem. The initial assessment made by the system speeds up the hiring process and makes it more objective. As an online service, GoRecruit provides remote search capability, which in the global market is also a plus for employers and job seekers. Impartiality of assessment is an undoubted advantage for people in search of work: the applicant can expect that the decision on his candidacy will be made from his real skills and qualities.

The described qualitative change in the recruitment process that GoRecruit offers will affect the situation on the labor market and thus be able to improve the lives of more than 4 billion people employed in this market.

[jjklondi521]

Does GoRecruit even need blockchain? Aksing, because many projects don't even need it

[GoRecruit]

Does GoRecruit even need blockchain? Aksing, because many projects don't even need it

Yeah, there are a few good reasons for that.

Its application will be able to provide two essential parameters of the system: the security and transparency of the data of each candidate. Already, the blockchain will allow us to store the data obtained by candidates’ assessment securely, and to protect it from interference and adjustment. In the future, we plan to introduce new functions related to HR workflow management, and that also undoubtedly requires a high level of data security.

Now GoRecruit works on the Etherium blockchain platform, but we are exploring the possibility of using other blockchain platforms, for example, Disciplina.io. Expansion of the set of platforms will provide additional technical capabilities and greater transparency in the use of data, such as social networking profiles, employment history and professional achievements of the candidate.

This method of presenting and storing information about applicants will create a high-value service for recruiters and in the future may become a new trend in the HRM market.

[GoRecruit]

Data-driven recruiting: hiring market analytics

Employee recruitment is one of the areas where analytics has not yet become firmly established in business practices. Marketing, manufacturing, finance, and accounting already use automation, complex analysis, and Big Data to improve decision making. Recruiting, however, was aloof from this trend for a long time.

However, in the coming years, data-driven recruiting can transform the industry. This process is being accelerated by overall digitalization of modern business, advancing of software, and an acute need to improve the efficiency of the hiring procedure.

Data-Driven Recruiting and HR Analytics are recruiting methods in which planning and decision making is based on data acquired through HR technology. Similarly to marketing and sales, every step of recruiting and hiring now can be tracked and measured.

Data-driven recruitment uses different technologies and techniques to analyze a large candidate pool and find a candidate with the proper skills and the right mindset. This process aims to find the talent that will fit into the corporate culture and become strong team players.

The recent report from LinkedIn shows that data-driven recruiting allows recruiters to navigate a large pool of candidate data efficiently and analyze the hiring results. Other benefits of data-driven recruitment include improved workflows and predictive analytics. Finally, data-driven recruiting has proven to improve some of the essential hiring metrics such as time to hire, cost to hire and quality of hire.

GoRecruit as an AI system is a data-driven technology. The service analyzes information from social networks and open data. On this base, it assigns a rating to the candidate, which can help the HR manager to understand whether the applicant fits the job or not. The cost of assessing a candidate is $3, which is a dozen time lower than the cost of a traditional hiring procedure. In other words, GoRecruit today is a product that meets the needs of the time and is at the forefront of business automation technologies.

[Giwux]

Do u have like real AI or its just a buzzword like in many projects?

[GoRecruit]

Do u have like real AI or its just a buzzword like in many projects?

Hi, our artificial intelligence is real, uses mathematical model and has been successfully working for a while now!
By the way, we just published an interview with a co-founder and the Head of Sales for GoRecruit, Souheil Zakkar, where he talks about the recruitment market and the opportunities of our service. You can read it here.

[Nivugas]

Team seems very solid, I  like it   

[GoRecruit]

The GRT Tokens Distribution

GoRecruit is currently an MVP. We are continually working on the service and have identified several priority areas for development. They are the introduction of blockchain technology into the service, which will ensure the reliability of storage and applicants’ data transparency, the introduction of new sources for analyzing candidates, the localization of the service to other world languages and access to the markets of other countries. The development of the project needs investment, and that’s why we are pursuing an ICO.

The GoRecruit token is a GRT token, or RecruitCoin, which can be used to pay for all services on the platform, as well as for transfers between GoRecruit users. The token is based on the Ethereum blockchain platform standard ERC-20, its emission is limited to initial release and amounts to 8,275,642 GRT tokens. Tokens will be distributed as follows:

65% — sale

14% — project partners

10% — team

10% — stabilization fund

1% — bounty program.

We have developed several development plans depending on the amount of funds raised as a result of ICO. These plans are presented in detail in the WhitePaper document on our website. All funds received will be used for marketing for the next ICO stages and the development of GoRecruit itself.

[Matdog]

hi, I think traditional recruitment program already strong in this field and I known one project similar to your project failed last year. But let's hope you can survive in this field and I want to know what is your advantage compare to others platform?

That's right, if GoRecruit is able to show that they are worthy of success, surely GoRecruit will not stay silent, I see that community support has also been many, 5000 members on the telegram

[GoRecruit]

Blockchain Life 2018: high-quality exchange of experience in the field of blockchain technologies

On November 7 and 8, the Blockchain Life 2018 conference, the largest international blockchain and cryptocurrency forum in Eastern Europe, was held in St. Petersburg. The event gathered more than 5 thousand participants from 70 countries. Our team — GoRecruit CEO Alexander Barabash and GoRecruit Head of Sales Souheil Zakkar — also took part in this conference, which without a doubt can be called the event of the year.

The Blockchain Life Forum 2018 is one of the most prominent events in the cryptocurrency and blockchain industry world. All representatives of the sphere gather here: the largest investors, entrepreneurs and those who are interested in the current state of the blockchain sphere. A distinctive and fundamental feature of this event is the complete absence of advertising reports. All presentations are based on practice and are aimed solely at telling participants about the industry, its features, risks and prospects and at providing practical tools for development through blockchain technology.

During the forum, our team held several meetings with potential partners. Alexander Barabash says: “The Blockchain Life forum brought many new business contacts, we exchanged experience with a large number of interested participants. Among them were private entrepreneurs, Asian crypto funds, and retail networks developed on the blockchain technology. Thanks to the meetings and lectures, we made sure that we are developing GoRecruit in the right direction.”

[GoRecruit]

Hey everyone! Just wanted to share this interview with Souheil Zakkar, a Co-founder and the Head of Sales for GoRecruit, where he talks about the recruitment market and the opportunities of our service.

[Hijom]

Hey everyone! Just wanted to share this /2zRVQCj]interview with Souheil Zakkar, a Co-founder and the Head of Sales for GoRecruit, where he talks about the recruitment market and the opportunities of our service.

Thanks for interview, it was interesting to read

[GoRecruit]

The GRT Tokens Distribution

GoRecruit is currently an MVP. We are continually working on the service and have identified several priority areas for development. They are the introduction of blockchain technology into the service, which will ensure the reliability of storage and applicants’ data transparency, the introduction of new sources for analyzing candidates, the localization of the service to other world languages and access to the markets of other countries. The development of the project needs funds, and that’s why we are pursuing an ICO.

The GoRecruit token is a GRT token, or RecruitCoin, which can be used to pay for all services on the platform, as well as for transfers between GoRecruit users. The token is based on the Ethereum blockchain platform standard ERC-20, its emission is limited to initial release and amounts to 8,275,642 GRT tokens. Tokens will be distributed as follows:

65% — sale

14% — project partners

10% — team

10% — stabilization fund

1% — bounty program.

We have developed several development plans depending on the amount of funds raised as a result of ICO. These plans are presented in detail in the WhitePaper document on our website. All funds received will be used as an investment in marketing for the next ICO stages and the development of GoRecruit itself.

[KitPat22]

Another question for you, what will happen to tokens left after the ICO?