How Blockchain Could Reduce Employment Discrimination
Blockchain's primary association is undoubtedly with Bitcoin, however there is reason to believe that another application for it can be to combat hiring discrimination.
Blockchain works as a decentralised and encrypted list of records, in the case of Bitcoin these lists are records of financial transactions. In a recent article with HR Technologist, Arran Stewart co-founder of Job.com explains how this technology could be utilised for hiring:
"In the near future, when a candidate applies for a role, the information that will be extracted and shared with a potential employer will simply be their skills and experience, closely followed by the level and discipline of the education they’ve received."
"Blockchain technology coupled with other working components in the online recruitment process will allow candidates to solely reveal the necessary information to facilitate the hirer’s decision."
In other words, blockchain will be able to verify a candidates authenticity as well as only passing on the relevant information to the employer while leaving out information that could cause undue bias, e.g. name, gender, nationality.
While it is not currently being used to combat hiring discrimination, blockchain is already being utilised in hiring. APPII have created a platform where candidates can create a digital profiles that can be verified and permanently recorded with the aim of streamlining hiring in high level positions:
"APPII will take roughly 30 days to fill high level positions against the existing industry standard of over 70 days."