Amid expertise crunch and concern of expert digital expertise becoming a member of competing corporations, IT companies normally onboard candidates first and do the authentication later. (Representative picture)
Titled ‘ProofChain’, this answer permits third-party verifiers to validate the work expertise of candidates who served in CSM Technologies throughout all places of the corporate’s operations
For any firm, conducting background checks on a candidate is a cumbersome and time-devouring course of, which is normally outsourced to third-party businesses. Now, an Indian IT firm CSM Tech has designed a course of that eases the method of background validation of workers, particularly their work expertise, in accordance with a press release.
Titled ‘ProofChain’, this distinctive, immutable and tamper-proof answer permits third-party verifiers to validate the work expertise of candidates who served in CSM Technologies throughout all places of the corporate’s operations, stated the assertion.
CSM Tech is an Indian IT consulting firm with an lively enterprise footprint in Africa, North America and Dubai.
“CSM Tech is…rolling out this blockchain-based worker credentialing system at a time when the IT panorama is stalked by rising situations of submission of pretend credentials like tutorial {qualifications} and work experiences to bag job affords at reputed corporations. Just a few months again, prime IT consulting agency Accenture went for involuntary attrition (a euphemism for sacking) of scores of workers who had fudged their testimonials on work historical past,” the assertion stated.
It added that amid talent crunch and fear of skilled digital talent joining competing companies, IT firms usually onboard candidates first and do the authentication later.
The company said the system has been developed on HyperLedger Fabric, an open-source blockchain platform. Since employee credentialing system is underpinned by blockchain technology, there is no scope of tampering or altering the data or records of employees. The company has already moved the work experience data and other records of around 3,500 of its ex-employees to the blockchain platform.
Under this system, the third-party verifiers are given a log-in id and password. The HR department of CSM Tech takes a call on whether they approve or reject a request placed by a third-party verifier. The process is completed in a span of seven to 15 days.
Priyadarshi Nanu Pany, founder & CEO of CSM Tech, said, “We are delighted to roll out this breakthrough solution for authenticating employee credentials. Blockchain is the go-to technology for data security and records validation. I am sure with this blockchain-enabled system, we will not just ease the employee verification process but set a new benchmark for IT companies to adopt blockchain platforms on scale for onboarding talent with verified credentials.”
The ProofChain system has been built-in with CSM Tech’s ERP system. To this date, the blockchain-powered platform has obtained greater than 100 requests for worker data verification. The third-party businesses have carried out verification mandates on the CSM ProofChain platform for main IT recruiters like TCS, Infosys, MindTree, Accenture and IBM.
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