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Web3 is not just a revolution; it is a storm that is slowly engulfing our digital world like never before. With a promising tech stack, the Web3 tsunami will evade every barrier that has forever drenched businesses with security threats and vulnerability to their private data.
Web3 is the tech trend that is governing the modern digital era with countless business revenue models and a gigantic revenue of $1880M in the year 2021. The expected value of the market is set to reach $52890M by the year 2030 with a CAGR of 44.8%. Most modern-day businesses run on centralized Web2-based platforms like Facebook and Whatsapp. With the entry of decentralization, users will not need a set of centralized rules to follow. And this transition can be best experienced in the recruitment process, where joinees can be interviewed and identified with the help of Web3-based technologies.
Web3 is the umbrella with many technologies under it, including Blockchain, AI, Metaverse, AR/VR, and much more. With this incredible tech stack, the recruitment process will witness a revolution, and candidates will be sorted mostly through automation. Web3 will also enable users to bridge the gaps that stop companies from knowing what their business actually wants to reach the heights of success.
Are you looking for a pathway to web3 recruiting platform development but lack the knowledge to do? Suffescom Solutions Inc. is a team of 500+ Web3 enthusiasts inclined toward using the best Web3 tech stack to scale your business. Contact us now to begin your business journey.
Let us understand this concept better through this blog. Web3 recruiting platform can be used to hire talents systematically yet transparently through modern technologies like Blockchain, Metaverse, AI, and more.
Web3 recruiting platform development will upscale the hiring process of businesses and agencies and consider the most-suited candidates for numerous positions. Web3 and its technologies will provide a high-security level and maintain the integrity of the data, like the employment background and academic credentials. Blockchain’s data security is immense, and with it, data integrity can be maintained. Most of the recruiter's notice lies in the applicant’s resumes. According to the website CareerBuilder, 75% of resumes had fake information on them. Most of the applicants are still getting hired by simply their face value. Blockchain-specific jobs provide a niche for jobs that is hard to cover. With a Web3-based hiring platform development, the recruiters can treat the attendees to a series of interactive sessions, panel discussions, and keynote speeches.
| Recruitment Domain | Cost Of Development $ (US Dollars) |
| Healthcare Sector | 60k-100k |
| Public Sector | 60k-100k |
| Education Sector | 40k-50k |
| Sports Sector | 40k-50k |
Note: The above prices can fluctuate with respect to the customizations and features embedded as per the product requirements. Contact our Web3 experts to know the exact cost and create a blueprint of your product after our thorough analysis.
The cost of Web3 applications depends mainly on the following factors:
Read More: Web3 App Development Cost
Web3 can be used for recruitment processes to automate ample work that previously had the requirement of manual labor. The migration of prior Web2 applications to Web3 applications is, however, becoming a necessity. Let us have a look at some of the benefits below:
One important benefit of a web3 recruiting platform is that applicants' identification and previous work experience can be verified through automation. AI and data extraction can be leveraged to automate form submissions, removing any scope of human errors. A web3 recruiting platform developed by Suffescom can verify documents from an identity document and ensure speed and frictionless applicant-recruiter interaction based on real-time.
With information being processed in real-time, employers can assess the applicant's skill easily through their profiles. With the rise of decentralized autonomous organizations, web3 recruiters deal with potential employees as collaborators. With a web3 recruiting platform development, decentralized hiring will be faster and more efficient in every possible way.
There is hardly any way to verify applicant records than to call and procure valid information. Workers can leverage a web3 recruiting platform to create a seperate cryptographic key to the platform's chosen blockchain. The verification key will not hold any data; the main data will be individually stored on the person's device. This will help recruiters access employment data with proof of employment history, qualifications, and skills after the applicant allows them to do so. This data will be backed by other benefits of blockchain, like a token-based crypto payment as well as a rewards system. Companies could also buy credits on the credit marketplace of your web3 recruiting platform and access the blockchain ledger for verifying the credentials.
The traditional hiring process is high time taking and requires a lot of manual work right, from the verifications of documents to the final allotment of the potential employees’ salary and work requirements. With the entry of a web3 recruiting platform development, the hiring process will be automated, and the applicants will be sorted as per their skills beforehand. The interviews will need to be on centralized, 2D video chats, but the immersiveness of the metaverse can be used.
The recruitment process is highly dependent upon technological wonders that drive high efficiencies for recruiters in handling the private data of applicants. With methods like data privacy regulations like GDPR coming into effect, it becomes highly critical for interviewers to store data correctly.
The present practice of storing data in the Cloud will completely enhance the security of data by distributing data on several computers. This will make the blockchain data secured within layers and highly difficult to hack. The data will never get misplaced or lost as it gets in the present-day Web2/centralized networks. There is a series of numerous network that has the same data, and if one gets affected, thousands still remain untouched for retrieval.
We will develop a top-notch web3 recruiting platform for you to get the best candidates with absolutely real and verified resumes.
Any Web3 application development comes with a feature-rich interface. In the case of a recruitment platform, here are some of the important features that will be included in your platform:
Web3 can automatically sort resumes as per the applicant's skill and proficiency. They can be uploaded to the tracking system, and the software can easily make an applicant profile for each and every resume.
With hundreds of job applications and applicant resumes, the hiring process becomes a bit burdening. Using the advanced resume search feature that we offer, recruiters can finally get to understand what they actually want for their company. Never feel overwhelmed while hiring through Web3, and leverage the benefits of utilizing automation to go through a huge pool of applicants.
The same person can apply for multiple openings, but this can hinder your hiring process massively. The entry of the web3 recruiting platform here will make your hiring list more streamlined and cleaner. Web3 will make it easier to highlight duplicate applicants.
Our recruitment platform, powered by the technologies of Web3, will be fast and accurate with search filters that can sort candidates as per their skills and make you get the information you need.
Enable automated filling of applications and save time for interviews. With our custom web3 recruiting platform development, create the forms with the right questions regarding the job role. Use the time spared to sort the best candidates rather than collecting resumes.
Don’t let your hiring schedule lag behind; our web3 recruiting platform will have alerts/notifications sent to you in real-time. Automatically receive notifications when verified resumes are added to the dashboard and create reminders of your pending tasks.
There is always a good scope of employees referring potential hires. With a web3 recruiting platform, you can keep a check on such referrals and prioritize their interview based on their skills as referred by your employee.
Upload resumes in bulk with web3’s fast and efficient solutions. The predecessors of Web3 are slow, and with our platform, the resumes of all potential employees can be uploaded in bulk for later assortments.
Get ready to take interviews in an immersive way through the metaverse and remove any geographical barriers.
Leverage full-time chat support that will solve all your queries in a matter of minutes as well as fix untimely bugs.
Our web3 recruiting platform’s AI engines will simplify the hiring process and suggest the best candidates through Artificial Intelligence and automate most redundant tasks.
We are an emerging Web3 development company recognized by both national and international media. With our reliable Web3 platform development strategies, your app can perform really well in the market. We are not potential talkers; active doers, and the numbers below say it all.
1200+
Web3 Solutions Designed And Deployed
300+
App Development
750+
Global Team
1250+
Clients Worldwide
50+
Blockchain Projects
The above stats are already predicting our Web3 expertise and understanding the fact that suffescom should be your ideal choice for a web3 recruiting platform development; let us learn more about our strengths.
Suffescom has been a Web3 development company for more than 5.5 years and has already deployed many Web3 apps in the market that are not just competing in the market to create their own brand but also leading the Web3 markets. We offer complete cost-effective solutions that will surely match your project needs.
Our firm is inclined toward the complete satisfaction of our clients, and we are available 24*7 with our support services to solve their smallest of queries. Our Web3 experts will fix all technical errors that will arise while your web3 recruiting platform develops. We also ensure timely updates to our clients to ensure that the client is keeping track of their platform development.
Our team is a web3 expert panel who are passionate about their job and how web3 can help both small and large-scale businesses with specific business needs and an ideology that partners with flexible development.
Suffescom ensures that the clients get full-time chat support and app maintenance even after launching the product. Our main goal is to form long-term business relationships with our clients and ensure them a bug-free and smooth platform development.
Suffescom has been a leading IT firm for over a decade and has had over a thousand satisfied clients. We have attained a 5/5 rating on reputable websites like Clutch and GoodFirms.
Our web3 recruiting platform development services will ensure that you get the best potential candidate for your listed job role.
All good potential employees of a firm are good interviewers as well, yet resumes and interviews are always open to a large scope for discrimination. Much of the work records mentioned in resumes are over-exaggerated. Web3 recruiting platform development will evade old lengthy recruitment measures and remove the need for the existing job sites and recruiters that act as middlemen. With Web3, the need to go through lengthy hiring processes will be completely evaded.
Candidates will have a completely unique digital ID with crypto data stored privately on a blockchain. A digital ID token will minimize possible discrimination and also cut down on high recruitment costs. The above blog explained the benefits and features of a Web recruitment platform development and how Web3 marketplace makes hiring better through the amazing set of technologies that fall under this new age internet.
Contact us now and allow us to make your hiring journey not hard anymore with our seamless web3 hiring platform development. Bring the best talent into your bag with Web3!!
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