Dr. Achim Preuss, Director, Portfolio Assessment, Aon’s Assessment Solutions: “Velocity Network provides an infrastructure where job seekers, incumbents, recruiters, and service providers can contribute and benefit. As far as I can tell, Velocity Network has the most elaborate concept of a blockchain-based, self-sovereign career identity that currently exists.”
James Owens, President and CEO at Cisive: “Career Credentials Data is key to sustaining labor markets’ efficiencies and has enormous potential upside for individuals and businesses. And, as Artificial Intelligence in HR gets smarter and more focused on solving specific problems, we all expect to see even further capabilities: smart matching of individuals and career opportunities, predictive analytics and smart people development recommendations.”
Mark Goldin, Chief Technology Officer, Cornerstone: “Blockchain is poised to have a significant impact on how organizations hire and develop their talent. Given its secure and verifiable nature, Blockchain will give employers a precise view of employees’ skills and capabilities, enabling them to match job roles better and proactively identify opportunities for learning and development. By having transparent insight into workforce capabilities, organizations can better plan for the future and effectively close the pervasive skills gap that companies are experiencing everywhere.”
Lori Webb, SVP Product, HireRight: “With speed to hire and veracity of career credentials being of paramount importance, we see information exchanged through a decentralized identity verification gaining traction in the HR space. As technology advances, the approach of the Velocity Network Foundation is the right solution to gain broad adoption of participation with self-sovereign identity and an individual’s control of their own career and education records.“
Jean-Marc Laouchez, President, Korn Ferry Institute: “Organizations have made significant progress in their ability to manage data regarding employees, but individuals may divide their time working for two or more employers, take gig assignments and move between jobs more frequently than before. No one employer has the holistic employee picture that is needed to make valuable predictions and drive value through analytics and AI.”
Larry Hatch, Vice President, Industry & Workforce Services, National Student Clearinghouse: “Self-sovereign identity is here, and it is going to be here to stay. There is an incredible amount of data about all of us out there in the digital ecosystem. The theory and the theme around self-sovereign identity are that the individual will own all of this data via technologies like blockchain.”
Ximo Soler, SVP Global Digital Strategy and Innovation, Randstad: “Having a digital validated employment identity, as an example, should make everyone more employable, companies speed up their time to hire and companies like Randstad be able to use our capabilities to enhance the recruitment experience. Velocity Network Foundation creates the perfect ecosystem to bring the internet of careers to its max.”
Meg Bear, SVP, Products, SAP SuccessFactors: “The workforce of the future will be the most diverse we have seen, not only in gender and ethnicity, but in physical and neurodiversity, age, education, skills, and work-life situations. With more fluidity in the job market, human experience management (HXM) platforms that put people at the center of business are critical to encouraging the co-creation of business processes and greater productivity. Making credentials portable and interoperable is just one step to delivering the best experience for the entire workforce. By leveraging blockchain, the Velocity Network will enable accurate, timely, secure, compliant, and cost-effective verification so organizations can engage the right people at the right time and exist at the forefront of today’s business and technology trends.”
Andrew Bradshaw, CEO, SHL: “Employers who demonstrate more empathy have access to better talent. People choose to stay with employers who treat them fairly, who offer them insightful learning experiences, and who earn their trust with clear privacy standards and communications practices. When it comes to talent, doing good is good for business.”
Debasis Dutta, VP and GM Product Management for SumTotal Systems: “The maturity of blockchain technology has made it possible to develop a standardized, secure ecosystem with verifiable digital identity and career credentials. SumTotal Systems is excited about the potential of blockchain technology to empower individuals to securely share their career credentials – be it training, certifications, or digital badges – with current and future employers to enhance job mobility and career progression. Organizations benefit by having timely and secure access to verifiable employee data to drive more engagement and talent development opportunities for their employees to reskill and upskill through AI-driven predictive capabilities. Joining the Velocity Network Foundation with the best brains in the HCM space will deliver tremendous value to individuals and the market.”
Ceclie Alper-Leroux, VP HCM Innovation, Ultimate Software: “Trust is the cornerstone of some of the best and most valuable things in life, and people have the right to trust that their data remain private and protected. Ultimate has chosen to be at the forefront of the evolution of blockchain for people—and, by extension, HR—by becoming a founding member of the Velocity Network Foundation. Throughout our 30-year history, Ultimate’s #1 priority has been to put people first, and I am excited to see the application of our ‘People First’ philosophy at work in future HR technology.”
Matthias Thurner, Chief Product Officer, Unit4: “We’re very proud to be a part of The Velocity Network Foundation, championing the ‘Internet of Careers.’ Technology is available today to reinvent how career credentials are shared so that people can take ownership of their data. Digital identity is a vital issue for labor market transformation and an effective digital economy. People need to know that their data is safe and being used in the right way. We see a huge benefit in people owning their work-related records and taking them with them as they move between jobs.”
Yvette Cameron, EVP Ecosystem, Velocity Career Labs: “If you’re going to reinvent the way career credentials are exchanged across the global labor market, you had better ensure a deep understanding of the different needs and use cases across its many constituents: students, freelancers, agency workers, employees, mentors, educational institutions, employers, staffing agencies, employment marketplaces, government agencies and more. When establishing the Velocity Network Foundation, we deliberately reached across the many different types of entities operating in the labor market to ensure the most diverse and deep set of experiences and expertise would drive the initial governing body of the Velocity Network. As the Foundation continues to expand, our vendor-neutral approach will ensure ongoing diversity of its membership and hence broad use-case expertise, while our open source utility layer will invite a thriving ecosystem of contributors to adapt and built on top of it.”