Verifiable Credentials – Bringing Trust and Truth to Talent Acquisition
The global hiring process has evolved considerably over the years, but one consistent challenge remains: verifying the authenticity of candidate credentials.
Enter Verifiable Credentials (VCs), a powerful tool that has the potential to eliminate the risks and inefficiencies of traditional background checks.
A VC is a digital statement issued by an authoritative primary source (like a university, government, or licensing body) and cryptographically signed to ensure its authenticity. These credentials allow the holder to share specific, verifiable information with employers or other organizations in a secure and trusted manner.
Read the story below by Justin Pozmanter, VNF’s Head of Ecosystem Strategy for the UK & India, to learn more about how VCs, through trust frameworks like the Velocity Network, are primed to revolutionize the global labor market.
https://www.selectsoftwarereviews.com/blog/verifiable-credentials