SpringRole will have to Fight LinkedIn

in #crypto6 years ago (edited)

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By https://bitcointalk.org/index.php?action=profile;u=2230830

Platforms that ease employment were some of the first developments on the web. This is a competitive market irrespective of the level of innovation put in a product entering this market. SpringRole is going to bring blockchain to the employment market. SpringRole is a platform for building a professional profile. The information used to create the profile will be verified and stored on the blockchain. With this service, employment market becomes more transparent and less time and money is wasted in verifying people’s work profile.

LinkedIn

LinkedIn is the formidable company involved in the employment process. SpringRole is somewhat of an clone of LinkedIn except it is using blockchain technology to create a better version of LinkedIn. Information on LinkedIn is easy to fake and endorsements are meaningless. SpringRole allows authentication of data and endorsements actually carry a weight on SpringRole as a cost is associated with issuing an endorsement. Even the value of an endorsement is weighed depending on a measure of qualification of the one issuing it. This makes it hard for anyone to gather fake and meaningless endorsements.

A better product, however, is not necessarily the one that will be in demand. If a majority of people place some false information in profiles, why would they want to use a platform where they are forced to be honest and transparent? LinkedIn has already built a culture of developing profiles with false information. It's incredibly difficult to change a culture. The only chance SpringRole has at success is if companies adopt it. As companies are the prime beneficiaries of a transparent candidate profile, they are the ones who are likely to make the step of using SpringRole.

Oracle’s Taleo is used for letting candidates apply to vacant jobs. It is an extremely disadvantageous UI for applicants but makes the review process very easy for companies. Taleo is the most used application software in the world. This hints that benefitting companies is the only thing that matters when making an employment service. SpringRole would be a good test of whether benefitting companies is the only thing that matters when making a successful employment platform.

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