Cornerstone Joins Velocity Network on Future of Blockchain in HR

- January 28th, 2020

Cornerstone has become a founding member of the Velocity Network, an organization that promotes the global adoption of a network for verified career credentials.

Cornerstone OnDemand (NASDAQ:CSOD) has become a founding member of the Velocity Network Foundation, an organization that supports research and development of applications for blockchain technology and promotes the global adoption of a network for verified career credentials.

As quoted in the press release

Cornerstone is joined by 14 other industry leaders, including Aon’s Assessment Solutions, Cisive, HireRight, Korn Ferry, National Student Clearinghouse, Randstad, SAP, SumTotal Systems, SHL, Ultimate Software, Unit4, Upwork, Velocity Career Labs and ZipRecruiter.

“These amazing future-thinking founding members bring to the table what’s needed to kickstart the network effect,” said Dror Gurevich, CEO, Velocity Career Labs, the original founder of the Velocity Network Foundation. “The democratic, nonprofit nature of the governance and the open-source framework will make it a true public utility layer. This is why we are calling it the ‘Internet of Careers.’ It sets Velocity apart from others in this space and attracts many others to join, driving the supply and demand flywheel.”

Click here to read the full press release.

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