Education

Transparency in accreditation delivers the right candidates

According to research, over 37% of employers have hired the wrong person due to a candidate putting forward fraudulent claims and qualification certifications that have been tampered with. With the estimated cost of hiring the wrong candidate between $25,000 to $190,000, overlooking candidate background checks, or relying on today’s ineffective referee methods poses a huge financial burden on companies. .

With academic data stored across countless fragmented systems, it makes it difficult for employers, recruiters and HR managers to verify the data. As a result, it becomes very easy to fake details on a digital resume or fabricate a false experience or title on LinkedIn, which statistically is a common occurrence.

This disconnected data model leaves the multi-trillion-dollar education sector riddled with misrepresentation of accreditation results and exposed to legal repercussions.

education

Transparency in accreditation delivers the right candidates

According to research, over 37% of employers have hired the wrong person due to a candidate putting forward fraudulent claims and qualification certifications that have been tampered with. With the estimated cost of hiring the wrong candidate between $25,000 to $190,000, overlooking candidate background checks, or relying on today’s ineffective referee methods poses a huge financial burden on companies. .

With academic data stored across countless fragmented systems, it makes it difficult for employers, recruiters and HR managers to verify the data. As a result, it becomes very easy to fake details on a digital resume or fabricate a false experience or title on LinkedIn, which statistically is a common occurrence.

This disconnected data model leaves the multi-trillion-dollar education sector riddled with misrepresentation of accreditation results and exposed to legal repercussions.

education
How BAF helps?

Blockchain-based digital systems like BAF can eradicate all the credential uncertainty preventing fraud at the source and protecting academic titles from being altered, making the recruitment process more transparent and efficient.

Through its consensus model, blockchain technology creates immutable education records that can be inherently trusted with absolute precision and efficiency over time. With trusted, verified education records on the blockchain, recruiters will be able to accurately and conclusively vet a candidate’s academic credentials.

REDUCED FRAUD

SECURED RECORDS

INCREASED EFFICIENCY

PROTECTED PRIVACY

How BAF helps?

Blockchain-based digital systems like BAF can eradicate all the credential uncertainty preventing fraud at the source and protecting academic titles from being altered, making the recruitment process more transparent and efficient.

Through its consensus model, blockchain technology creates immutable education records that can be inherently trusted with absolute precision and efficiency over time. With trusted, verified education records on the blockchain, recruiters will be able to accurately and conclusively vet a candidate’s academic credentials.

REDUCED FRAUD

SECURED RECORDS

INCREASED EFFICIENCY

PROTECTED PRIVACY