KuCoin cryptocurrency exchange market is known for listing potential and promising tokens. It has a state-of-the-art platform with secure and easy interface management. Aside from that, they also have a 24/7 Customer Service Representative ready to assist anyone for queries and to fix any issues.
Today, they are thrilled to announce that they have officially listed another blockchain based project focusing on the recruitment industry known as ZINC.
Deposits are now available with supported pairs such as ZINC/BTC and ZINC/ETH. The buying schedule starts at 21:30 (UTC+8) and Selling/Withdrawal at 22:00 (UTC+8).
Introduction To ZINC
ZINC’s concept is to develop an ecosystem in which workers can simply own, control and monetize their validated skills and experience data. ZINC will be a decentralized CV/Reference network, producing references and proven skills into a CV. It is the first platform that allows workers to be able to own their reference data and monetize it through ZINC tokens. It has a unique solution to the problem in referencing as the framework for a tokenized jobs ecosystem. Then will become a self-sovereign identification management technology. The employment history data itself will shift into a central part of identity verification. Every Worker has an employment ‘digital fingerprint’ which can be used to identify them uniquely. Years of trustworthiness and performance record is a strong individuality claim, like no other. Incorporated by reference data in the ZINC network.
The Primary Issue
References provided by previous companies are the most positive way to verify a worker’s competency. They are the most reliable long-term performance pointer. Ten years ago References were the initial measure for assessing Workers’ competency, today References have dropped their legitimacy and vital significance.
Trust
In 2017, ZINC was less compliant to distribute data without incentive. They’ve been attacked with spam and encountered personal data being abused for too long. Contracting is £400 billion market. The popular centralized recruitment platforms typically look after the parties that handle their bills which are the recruiters.
The scale is off, disappointment is at an all-time high, and the knock-on effect is a deterioration in use for recruiters as well. Referencing is a primary example of how data is being abused. Recruiters often use it for sales-leads rather than for checking competency. Usually, a Recruiter states that they require to accumulate upfront References from a Worker. In reality, this isn’t correct, the Recruiter utilizes the contact data for pitching business.
This type of misuse has pointed to skepticism about giving personal data. The abuse of Worker information has reduced the trust in the Referencing and Hiring in general. Moreover, red-tape has muddied the water on what can be distributed. Which unfairly hinders Workers from utilizing the powerful tool. Lack of knowledge and substantial incentive has provided to Referees becoming tight-lipped over supplying valuable information. In 2010, 75% of employers would Reference Workers for technical positions, but today only 25% of employers take References.
The Solution
ZINC has developed a unique SaaS tool which seamlessly combines into the hiring process to restore referencing. This tool is the fair advantage ZINC has to entice users to build out tokenized careers network.
- Tokenization enables ZINC to put the appropriate incentives in place for Referees to distribute quality reference data.
- ZINC authorizes workers by providing them with the possibility to own this data and monetize it. By becoming searchable and contactable.
ZINC Core Team
With backgrounds in innovative blockchain products and recruitment, the ZINC team leads specialized skills, technology research and years of practice to career profiling network. ZINC has three co-founders, Luke Shipley, Peter Brooke, and Charlotte Hall. They’re operating with a team of talented technologists, developers and blockchain advisors to assist them to build a revolutionize references. Everyone working on ZINC has supported to represent the core values of incorporation, reliability, and transparency.
