{"id":24804,"date":"2022-02-19T12:03:00","date_gmt":"2022-02-19T06:33:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/resume-inc\/"},"modified":"2022-02-19T12:03:00","modified_gmt":"2022-02-19T06:33:00","slug":"resume-inc","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/resume-inc\/","title":{"rendered":"Resume Inc. Launches World\u2019s First Blockchain Resume Builder"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-261086248\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>NFT resumes to target misrepresentation issue plaguing employers with key layer of data validation  Mumbai, Maharashtra, India \u2013 Business Wire India   Resumes may seem a world apart from what makes sense as an NFT. Same with digital perfume and toilet paper, mind you, but that didn\u2019t stop someone from paying US$4,100 for a flowered roll of Charmin they can\u2019t even touch, let alone use.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2199157076\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> Currently associated with headline-grabbing sales of digital art and media, non-fungible tokens are fast becoming a revolutionary way to own a one-of-a-kind asset \u2014 one with an airtight method to validate data.<\/p>\n<p> Resume Inc., a San Francisco-based tech firm, has uncovered a way to harness the transparency and immutability of blockchain \u2014 a decentralized shared ledger maintained by computers \u2014 to kick misleading and inaccurate resumes to the (virtual) curb.<\/p>\n<p> To accompany its launch, Resume Inc. has unveiled a product that Founder and CEO Nofel Izz calls a \u201cgame changer for human resources.\u201d  \u201cThe information contained within a resume is a perfect example of something unique and non-fungible,\u201d said Izz. \u201cBy being able to verify work histories and education, employers can ensure a resume is credible and make more informed hiring decisions. Candidates can also feel their resumes are in the best position for success.\u201d  According to Career Builder, in 2017 74% of employers reported hiring the wrong candidate due to misleading or inaccurate resumes. The U.S. alone reported $450 billion to $550 billion in loss productivity per year.<\/p><div class=\"trade-content_5\" id=\"trade-2459749574\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> \u201cThis is a critical problem faced by employers. The traditional resume has been sullied with issues associated with trust and misrepresentation,\u201d said Izz.<\/p>\n<p> Here\u2019s how Resume Inc. works: Once a user creates a resume, it is placed on a dedicated blockchain. The final product, \u201cTrue Resume\u201d, is an NFT resume that is accessible to employers containing the full history of edits, with all relevant changes tracked and highlighted, and each point verified and authenticated.<\/p>\n<p> \u201cA True Resume can be considered the equivalent of an individual\u2019s credit score for personal finances,\u201d said Izz, an alumnus of Cambridge and Yale universities.<\/p>\n<p> The True Resume is then placed in an NFT marketplace. Job seekers are in control of their resumes and can set a price employers must pay to them in order to view it. With direct access to each other, agency or broker fees can be avoided.<\/p>\n<p> Resume Inc. uses artificial intelligence to assign a resume score based on key data points. AI scans resumes and compares them to job postings while alerting users of missing keywords to increase their chances of being hired. The system scrapes jobs matching resumes so candidates can apply to positions in their area of choice.<\/p>\n<p> Resume Inc.\u2019s state-of-the-art technology also makes hiring more efficient, automating the process through augmented reality. Imagine the mind-numbing online search process eliminated, as well as a quicker application process without the need to fill out forms.<\/p><div class=\"trade-content-10\" id=\"trade-2891417740\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> \u201cWe have recognized that augmented reality can transform recruitment in much the same way Pok\u00e9mon Go did to gaming \u2014 shifting the job search and application process to the real world around them,\u201d said Izz.<\/p>\n<p> Resume Inc.\u2019s augmented job search function is being pioneered in 12 of the world\u2019s most populated cities. Candidates strolling through New York, Sao Paulo, Mexico City, Tokyo, Jakarta, New Delhi, Manila, Seoul, Mumbai, and in China\u2019s Beijing, Shanghai and Guangzhou, will be able to respond to localized job opportunities.<\/p>\n<p> Resume Inc. subscribers will also have access to a Decentralized Social Network chat module that will engage millions of students from 160 countries.<\/p>\n<p> \u201cWe aim to create what we believe will be the largest student body in the world, seamlessly connecting students with the professional world,\u201d said Izz, who introduced the concept of online recruitment to the Middle East job market in the year 2000, amassing 12 million users and 15,000 companies.<\/p>\n<p> Resume Inc. is set to approach investors in the spring for a capital raise, followed by an Initial Dex Offering (IDO). After the IDO, Resume Inc.\u2019s valuation is projected to exceed $50 million, supported by a strong growth pipeline and healthy revenue stream.<\/p>\n<p> \u201cDespite being launched just last year, Resume Inc. is generating substantial interest amongst job seekers, with a staggering 3.3 million sign-ups since July 2021,\u201d said Izz.<\/p>\n<p> Plans are in the works for a VR job fair hosted on the Metaverse, where big-name employers can connect with job seekers in virtual kiosks.<\/p>\n<p> To View the Image, Click on the Link Below:  Nofel Izz    PWR PWR<\/p>\n<div class=\"trade-after-content\" id=\"trade-4074808517\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>NFT resumes to target misrepresentation issue plaguing employers with key layer of data validation Mumbai, Maharashtra, India \u2013 Business Wire India Resumes may seem a world apart from what makes sense as an NFT. Same with digital perfume and toilet paper, mind you, but that didn\u2019t stop someone from paying US$4,100 for a flowered roll [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-24804","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Resume Inc. 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