Wednesday, October 31, 2018

GoRecruit: ARTIFICIAL INTELLIGENCE FOR BLOCKCHAIN BASED HR SYSTEM



In the last 8 – 10 years, HR Technologies have seen their fair share of change. The market has seen disruption; HR solutions have moved to subscription-based models on cloud platforms; organizations are emphasizing mobile-first strategies; employees expect consumer-grade digital services.

The next 5 years will continue to challenge our ability and agility to innovate - to continually re-invent the customer experience, to embed advanced analytics and social media. At the same time, the next wave of disruption will always loom on the horizon.


Let’s consider two revolutionary technologies which have spread across industries and sectors, and are now equally prevalent in recruiting: Blockchain and Artificial Intelligence.

Blockchain and What It Can Do for HR Lanscape:

On the surface, blockchain is among the least exciting technologies making waves today. Unlike 3D printing, artificial intelligence, or chatbots, its impacts are less visible to the lay eye. Yet it simplifies back office operations to an extent that Deloitte had this to say: Blockchain is to value what the internet is to information.

At its core, blockchain is a decentralized database, a matrix of computers talking to each other, and any transaction has to be approved by each node before it’s executed. And every transaction is stored in a series of indelible ledgers or ‘blocks’ so it’s easy to recall who sent what (data, money, etc.) to whom and when. The potential for transparency and democratization is clearly immense.

Blockchain’s biggest draw is that it effectively cuts out the middleman. Imagine an international payment scenario between countries with markedly disparate currencies. Not only is the transaction process complex and fraught with red tape, but a market fluctuating every hour means delays (accidental or engineered) that can cause discrepancies and could even lead to fraud. 

Blockchain has the potential to transform recruitment as whole, by managing costs, removing unnecessary impediments, and creating a pipeline that’s extremely streamlined and efficient.

Artificial Intelligence and Its Immense Potential:

The impact of AI is all-encompassing. Solutions, applications, and virtual applications powered by AI can automate iterative processes, cleanse voluminous data streams, offer critical insights, improve decision-making, and strengthen employee-employer relationships. Take Find.jobs, for instance: active since early this year, the domain will use Google’s AI to connect over 40,000 job sites in 2018.

From sourcing candidates to screening resumes, from conducting initial interviews to assessing candidate behavior, from managing analysis and evaluation to reinforcing candidate acceptance – or even softening rejection – AI is literally everywhere.

GoRecruit: AI System for Blockchain Based Recruitment System

The gorecruit will be an artificial intelligence system for HR based on blockchain. They offer a new way of evaluating job applicants. The GoRecruit artificial intelligence system, being a convenient online service, enables making HR decisions based on the analysis of data from social networks and publicly available sources. To select applicants for an interview, you do not need to spend several hours for processing and analyzing the data: you will acquire detailed information with recommendations immediately after the authorization of a candidate in the GoRecruit system.


GoRecruit is an online service with a simple and intuitive user interface, is capable to solve the problems in making HR decisions. It can quickly assess a candidate for a specific position, and give a detailed report about the compliance of a candidate. Along with this, a user is provided with an opportunity to compare ratings of candidates in order to select the most suitable one.

The GoRecruit token economy relies on the use of GRT as a means of payment. GRT tokens can be used to pay for all services, as well as for transfers between GoRecruit users. This approach makes the token equally convenient and useful both for experienced users and for an audience not familiar with cryptocurrencies. 

Hasil gambar untuk Gorecruit: Artificial Intelligence for HR Based On Blockchain
GoRecruit Token: GRT

The GRT token is based on the ERC-20 standard of the Ethereum blockchain platform. GRT is a utility token with a property of inherent liquidity. By establishing an ICO, GoRecruit aims to enter the global market, which will inevitably lead to an increase in demand for GRT tokens due to the constant influx of new customers. 

In term of ICO, GRT total supply is 8,275,642. An amount of 65% of  GRT total supply will be up for sale. The 14% is for the Partnership. 10% will go to the team. Another 10% is for reserve/stabilization fund, while remaining 1% is for Bounty.



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