StartMonday's Blockchain Solution Authenticates Job History

StartMonday Technology (CSE:JOB; OTC:STMDF) has announced it has developed a way to connect blockchain technology with its existing product lineup aimed at delivering a next generation solution for HR professionals and job-seekers.
As quoted in the press release:

In the Human Resource sector, it is a known fact that an extraordinary number of people regularly inflate aspects of their career history. From exaggerated skills to outright fake qualifications, trust has long been a moving target when it comes to the hiring process. Falsehoods penalize otherwise ideal candidates and employers pay the price when a new hire inexplicably fails. The blockchain solution completely alters and corrects this equation.
StartMonday Co-Founder and CEO, Ray Gibson observes, “When we set out, we had a vision of one day eliminating CV submissions entirely and allowing candidates to apply with a single 15-second video and win an interview. In the end, we built an entire candidate management system to accommodate employers’ reliance on regular CVs — however unreliable they are! Now with blockchain verification available to us, we have developed a method of absolutely confirming many, if not all, aspects of a candidate’s job history.”
“Once we launch this all-new product we’ve branded as ‘CareerChain,’ we will offer employers and job candidates our proven advanced application, integrated 15-second video pitch tool and the added ability to certify a job history that is forensically valid. Trust is returned to the equation, and we get that much closer to our original goal of relegating the curriculum vitae to simply a piece of the puzzle instead of the whole picture.” Mr. Gibson continues, “The result? Better hiring practices that dramatically improve job suitability and confidence in the decision-making process. We are trying to make this a total win-win for everyone, and blockchain technology is going to propel the StartMonday platform into the next generation.”
The technology further provides added value as the verification process must be mined on a public blockchain creating opportunities for miners (including StartMonday) to earn currency tokens. Subscribers derive added value from data decentralization which returns absolute control and security of personal information back to the user.

Click here to read the full press release.