By registering as a verification partner an employer gains access to verified candidates, reducing the effort and cost to hire.
Over 30 days of the hiring process is spent verifying candidates, their experience, educations and skills, and between £50 - £2500 is spent prior to hiring in lost productivity or direct expenses. APPII would like to help organisations significantly diminish the costs and efforts associated with the process.
Future features will see APPII verification partners receive rewards for verifying the educational and work experience assertions of APPII members. Rewards can be redeemed on the APPII platform for the use of APPII platform features.
The CVs of APPII members will be pre-verified, relieving organisations from the burden of undertaking verification themselves, or paying 3rd party verification partners to undertake verification on their behalf.
"We view the placing of qualifications and accreditation onto the blockchain as a first step in transforming Higher Education through the use of blockchain technology.
We envisage a future where, however gained, all acquired skills are accredited in an easily verifiable way and where educational attainment, recognition and reputation can be acquired, transferred and managed as a special type of currency. Blockchain will bring many benefits related to efficiency, cost, empowerment and transparency opening up a wide range of new educational models.
The Open University is delighted to be collaborating with APPII in applying the benefits of this technology for former and current Open University students and employees."
Professor John Domingue, KMi director, The Open University
Organisations can catalogue micro-accreditation and micro-education, generating a QR code that is photographed by the APPII member using the APPII mobile App. The participation in the event or activity is automatically logged and verified against the users profile. The recording of the activity is also immediately known to the organisation.
The CV credentials of APPII members will be placed on a Smart Contract. The Smart Contract is computer protocol (sometimes known as a dApp) that enables the verification process to occur programatically, on the blockchain, between a member and a verifying organisation.
Organisations can catalogue micro-accreditation and micro-education, generating a QR code that is photographed by the APPII member using the APPII mobile App. The participation in the event or activity is automatically logged and verified against the users profile. The recording of the activity is also immediately known to the organisation.
APPII will be using machine learning to compliment the other technologies in maximising the potential of its members. Machine learning will significantly improve the process of verification, career management and recruitment.