Most employers and recruitment agencies today are using social media to source the right candidates, which means that people usually choose it as the part of their job search strategy. According to the Undercover Recruiter, 1 in 4 ‘super social seekers’ successfully network through Facebook, Twitter, or LinkedIn. According to a 2017 CareerBuilder survey, 70 percent of employers use social media to screen candidates before making a hiring decision, and 57 percent of hiring managers are less likely to interview someone they can’t find online. Notably, according to the Payscale, some people estimate that upwards of 85 percent of open positions are filled through networking. So if you’re looking for a job, it might be better to put time into building your professional network rather than pouring through online listings.

“When a recruiter searches an applicant’s name to learn more about them, it’s actually a red flag nowadays if someone isn’t found to be active online,” said Brie Reynolds, senior career specialist at FlexJobs. “LinkedIn is the bare minimum a job seeker should be using to help show employers that they are technologically savvy and understand the basics of digital communication.”  

Other social networks use that as an advantage, for example, Facebook now has a new jobs feature that can help you find exactly what you’re looking for. With 65 million businesses currently using Facebook pages, it might be worth a shot.

Marcelo Ballvé, vice president of intelligence at research firm CB Insights spoke with CNN about how this expansion could help Facebook encroach on territory firmly controlled by LinkedIn, a social media site for professionals. He said: “this could be a threat to LinkedIn if a generation of folks gets their first jobs through Facebook and begins to identify the platform as the go-to labor marketplace.”

However, turning Facebook into a job searching platform completely is likely to blur the borders between people’s private and public life even further. For those who can’t resist the temptation to post something employers shouldn’t see, privacy settings remain the most reliable protection. Moreover, taking into consideration the current scandal with Facebook, it might be helpful to find another way to search for a job. In social networks, if you want to recommend a friend for a job position, you have to send him/her a link to the vacancy without any rewards to you and the recipient.

Here is where the power of blockchain can be fully shown.

For instance, Aworker is the platform that helps to find the most suitable company and job position based on your psycho-type, professional skills, and achievements. Decentralization provides the best opportunities for creating the new professional ecosystem. It makes it easier to pay people for their actions in Aworker platform: with the power of smart contracts payments for acquaintance’s recommendation or coming to the job interview by yourself are automatic. Also, all information is securely stored, and all the actions are transparent which exclude the chances of getting trapped with expensive yet unnecessary obligations.

As a recruitment platform powered by Blockchain Aworker is created to solve problems:

  1. Reducing the cost of hiring. Intermediaries take a high commission for their work. The average cost of closing a middle manager vacancy is $8,000. Smart contracts make this process more transparent and can reduce expenses up to 4 times.
  2. Control of personal data. Now people will be able to control personal information and get rewarded for that at the same time.
  3. People will find a job that suits them more psychologically. Aworker will help companies to find better employees.

Aworker develops a disruptive solution by putting blockchain-driven technologies at the core of the Work 2.0. Now each person will receive a reward for his job-related recommendation.

Rewards are paid automatically with the help of a smart contract to all participants in the hiring process.  You can read the case study about the Aworker algorithm on the HackerNoon.

According to the Forbes survey, 83% of people looking for a job say they use Facebook in their social media search, compared to 36% who use LinkedIn which, to my surprise, is the most infrequently used site among job seekers. “At least 70 percent, if not 80 percent, of jobs are not published, ” Matt Youngquist, president of Career Horizons told NPR. It means that networking becomes one of the most influential ways to find a new job. At the same time, for recommending the candidate to an open position people don’t get any rewards even if the person is perfectly fitted into the position.

Blockchain has the power to change it and give people rewards for good recommendations without the necessity to go to the recruitment agency or wait 2-3 months from the first interview to the final decision. It will reduce costs per hire for companies and create an opportunity for people to get paid not only for their job but for their skills in finding the right person for the spot.

Isn’t it the future, the place where people get rewarded for their skills?

Now you can get 5% discount for WORK tokens by the unique promo-code: APRILWORK (it is valid until April 28).

====

This is a guest post/opinion piece and should not be construed as financial advice. 

Related Posts
Stellarport – Fast, Decentralized and Now Free
CryptoCoinPrediction.com is not responsible for the article's content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall ...
READ MORE
Cryptocurrencies – The New Long-Term Mainstream Asset to Have
The history of any new discovery or invention is filled with disapproval and criticism but in the end, they all rise to the occasion and change the world. After the ...
READ MORE
The CryptoTower Malta will offer the infrastructure for the Blockchain ecosystem to thrive
CryptoCoinPrediction.com is not responsible for the article's content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall ...
READ MORE
CryptoCoinPrediction.com is not responsible for the article’s content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall ...
READ MORE
Cryptocurrency Index
CryptoCoinPrediction.com is not responsible for the article's content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall ...
READ MORE
CryptoCoinPrediction.com is not responsible for the article’s content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall ...
READ MORE
Portfolio App MyCrypto hits the records in AppStore
Cryptocurrency is the most discussable topic right now, governments of different countries try to invent new regulation, investors are investing their money, buying new altcoins and keeping an eye on ...
READ MORE
New Horizons for Media and Entertainment on Blockchain How the BUCKY house Decentralized Content Sharing Distribution Network gives creators and viewers greater freedomsThe possibilities for blockchain adoption are quickly being ...
READ MORE
CryptoCoinPrediction.com is not responsible for the article's content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall ...
READ MORE
CryptoCoinPrediction.com is not responsible for the article’s content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall ...
READ MORE
Stellarport – Fast, Decentralized and Now Free
Cryptocurrencies – The New Long-Term Mainstream Asset to
The CryptoTower Malta will offer the infrastructure for
How blockchain technology is making data collection auditable
Cryptocurrency Index
Direct Global / Direct Co-Ops Announce Exciting New
Portfolio App MyCrypto hits the records in AppStore
How the BUCKY house Decentralized Content Sharing Distribution
GENEXI plans to allocate up to $42 million
How much it could cost to develop bitcoin

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *

W.

What does it take for Bitcoin to achieve mass-adoption?

CryptoCoinPrediction.com is not responsible for the article’s content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

What does it take for Bitcoin to achieve Mass-Adoption?

The biggest obstacle for Bitcoin right now is, that so few people use Bitcoin. But why do so few people actually use Bitcoin from a day-to-day basis? Well, the answer is, because so few people use Bitcoin. That might sound a bit confusing right away, but I will explain myself.

Bitcoin has the obstacle to overcome, same as Facebook. Facebook became so valuable, because literally every friend of yours, and their parents where using it. If no one used Facebook, then I really doubt it would be nearly as valuable to humanity as it is today.

The same exact thing also applies to Bitcoin. What makes money valuable, is the fact that you can pay anybody for anything with it. Good luck paying your local supermarket in Bitcoins. It just doesn’t make sense to do so.

This is also called the network effect. It sates, that a system is only so valuable, as the number of people using that system.

So, let’s dive into the 3 deciding factors, that must happen for Bitcoin to fully achieve mass adoption.

First, of course, is the support by a big corporation or even country. For example, if a big company like McDonalds starts to accept Bitcoin, then people would be more inclined to make purchases with Bitcoin. This makes total sense, because why would anybody adopt the usage of Bitcoin, if you couldn’t make any real-world purchases with it? Exactly, it doesn’t make any sense whatsoever.

The first point was pretty obvious, so let’s look at the other deciding factors, that are crucial for Bitcoin to be mass-adopted.

Did you actually know, that a third of the world’s population, 2,5 million adults to be precise, do not have access to the banking system? Yeah, what people in the first-world countries take completely for granted, isn’t all that common all around the world: A bank account. On the other side, many more people in these third-world countries do have mobile phones, but no bank accounts. So, what if all those people start using Cryptocurrencies, like Bitcoin, for their online and day-to-day transactions? They could skip the traditional banking system and directly buy and sell Bitcoin from their smartphones. If one third (or even less) of the world population starts to use Bitcoin, it will gain world-wide recognition and overtake any other currency.

The third scenario that could happen, is that a major economic collapse or abuse occurs. When this happens, lots of people will want to transfer their wealth to something that isn’t dependent on any country or government, but is universally accepted in every country of the world. There aren’t many options for such things. One of these things is, gold. And the other could be Bitcoin, which I see as the digital version of Gold.

I hope we will never have to experience such a catastrophic event in our lifetime, but it sure is a positive thing for Bitcoin, since lots of people will adopt it.

These are all the point I could think of. Thanks a lot for reading and have an awesome day! Visit me at flashipcrypto.com for more Crypto-article?