3 years ago
Veremark Secures £7.1 Million to Revolutionize Job Screening with Blockchain
Veremark, a blockchain-based job screening tool, has raised £7.08 million in Series A funding led by Stage 2 Capital
The platform allows companies to conduct background checks and provides candidates with a reusable 'career passport' stored on the blockchain
Veremark aims to bring transparency and efficiency to the pre-employment screening market, which is estimated to be worth £13.3 billion annually.
ProblemTechnology
"Currently, pre-employment screening and candidate vetting are highly manual, often delayed, inaccurate, or incomplete."
Solution
"Veremark offers a blockchain-based job screening tool that creates a "career passport" storing job credentials on the blockchain, making the process more efficient, secure, and transparent."