3 years ago

Job Protocol Secures £1.3 Million to Revolutionize Recruitment with Blockchain

  • Job Protocol, a blockchain-based recruitment platform, has raised £1.3 million in a pre-seed funding round

  • The platform allows companies to list jobs with bounties for successful candidate referrals

  • The round was led by Tioga Capital, Portal Ventures, and Syndicate One.

      • ProblemTechnology

      "Traditional recruitment is expensive and inefficient. Companies often struggle to find the right candidates, and recruiters can be slow and unresponsive. This leads to a lot of wasted time and money."

      Solution

      "Job Protocol is a crowdsourced digital recruitment platform that uses blockchain technology to connect companies with the best talent. Companies can list job openings and offer a bounty to whichever recruitment firm or freelance recruiter finds the right candidate. Recruiters submit their candidates to Job Protocol, which then filters the list of potential employees by relevance and submits them to hiring companies. This makes the recruitment process faster, more efficient, and more transparent."

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