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Sunday, October 17, 2021
Home News Pre-ICO Launch: HireMatch Offers Solution to Expedite Recruitment Process

Pre-ICO Launch: HireMatch Offers Solution to Expedite Recruitment Process

HireMatch, a Blockchain startup aims to expediting the recruitment process companies face everyday. Their decentralized application (DApp) will eliminate the friction and costs of third party intermediaries like expensive recruiters, when firms are searching for talent.

According to the U.S. Department of Labour, a bad hire costs at least 30% of the employee’s first year of salary. In addition, a survey conducted by Glassdoor in 2015, found that 68% of recruiters were dissatisfied with the job boards they regularly use to attract talent.

“There has been tremendous and overwhelming interest in HireMatch’s open API over the past month,” HireMatch Chief Architect Armando Pantoja stated, “developers using our API can take a percentage of the bounty reward in proportion to the number of the candidates that their service finds, verifies or submits to job listings.”

The HireMatch pre-ICO launch starts this Sunday, October 1rst. Their Blockchain network will be fueled by HIRE Tokens, a unique token to the recruitment industry. It will allow HR Managers to directly connect with high quality candidates by deploying a bounty of 10,000 HIRE tokens.

“This creates a very powerful incentive engine, a distributed computing platform where the bigger the bounty the more developers come into the play and the quality increases, which in turn drives up the speed and efficiency of the platform. At an exponential rate, this could become a very robust economy.” Pantoja added.

Follow HireMatch’s Pre-ICO: https://hirematch.io/

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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