“Cisive recently became one of the first background-screening providers with the ability to inspect verifiable digital credentials on behalf of its clients and job candidates as part of the Velocity Network Foundation.”
As this article from SHRM‘s HR Magazine Spring 2023 edition explains, digital wallets and verified credentials are revolutionizing the labor market.
Why are they so important?
Because, as Velocity CEO Dror Gurevich explains in the piece:
“Hiring people based only on what they say about their own education, skills and work histories is inefficient and creates unneeded friction in the job market.
Self-reported credentials can be unreliable, nonstandardized and subject to fraud.”
The use of pre-verified career credentials on blockchain networks eliminates those problems.