According to market data released in 2015, it was revealed that over 35% of all candidates applying for jobs within Europe and the United States, lied on their CV ( by embellishing certain details such as previous work experience etc). Not only that, some people even went as far as doctoring their credentials, thereby making honest candidates miss out on career opportunities.
Thus, to curb this rising issue, GradBase has been launched into the corporate/ professional market. It serves as a “credentials verification platform” that is based entirely within the BTC blockchain.
More About Gradbase
In recent months, there have been many cases within the UK where doctors have been found to have embellished their experience records, simply to obtain a larger customer base. While one may think this is not a major issue, but according to statistical studies, this problem has been on the rise for the last couple of decades now.
While in the past, thorough documentation verification was cumbersome, as well as extremely time consuming, we now have Gradbase, a crypto solution that allows for streamlined checking of documents such as Degrees, CV’s etc.
What Is Being Offered Here?
Blockchain Based CV Verification System:
This platform has been designed to make use of Bitcoin in order to help verify the authenticity of degrees that are submitted to the system. This is especially useful when an applicant applies for a high profile/ well paying role.
QV Code Based Modules:
Once a degree has been assessed via the use of the GradBase system, the owner is issued with a QR Code. Through the use of this code, applicants can then freely apply for other roles without having to constantly undergo intense application scrutiny.
This bodes well for employers as well, because once they scan the code, they no longer have to sit through hours of interviews to assess whether the applicant has good knowledge of all the domains he/she has listed on their CV.
The GradBase platform has been developed in conjunction with the students over at University College London (UCL). UCL is one of the world's most prestigious institutions, and was established all the way back in 1826. The designing and coding has been done by MSc graduates (Financial Risk Management ) at the college.
Can Be Used By Everyone:
Apart from students, even business/ shop owners can make use of GradBase. They can do so by using the QR codes on their business cards, documents, thereby allowing customers to simply check and see whether the operation is legitimate or not.
What Has The Market Reaction Been Like?
This venture has received much attention from the academic world, as it allows for the negation of CV fraud in a big way. When we got in touch with Mr C. Colle (the co-founder of GradBase), he had the following words for us “ Academic fraud is a global issue which needs a global solution. The ambition of Gradbase is to become the first platform for easily and trustworthily verifying any qualification around the world.”
How Do I Get On Board?
While still in its early stages, a fully functional iteration of this software is now available for users to avail of. To make use of GradBase, users need to visit the official company website, and click on the relevant links. Additionally, users can also sign up for the newsletter, to stay up to date with all of the latest happenings associated with this platform.
For any further details regarding this service, interested individuals can shoot company representatives an email at [email protected]
Additionally, for large scale adoption of this platform, a private meeting can be arranged at the company's offices (either in the UK or in Italy). Lastly, queries can also be sent in via GradBase’ various social media profiles (Twitter, FaceBook etc).