What is SpringRole (SPRING)?
SpringRole is a recruiting company that uses blockchain-based authentication technology to eliminate fraud from the profiles of job-seekers and employers. As a platform built on blockchain that utilizes smart contracts, it is able to verify work experience and reputation of users. In addition, it makes endorsements more meaningful, rewards endorsers, and enables users to get endorsements from outside their network. SpringRole is a Science Blockchain portfolio company and was founded by Kartik Mandaville. The innovative company takes a crucial and risk-free approach in helping to solve one of the greatest problems in the HR industry.
How Does It Work?
When a user signs up on the SpringRole platform, they can import or add their profile to the platform. This information will usually include their work experience, educational qualifications, and skill sets. All of these claims, once listed on the platform, can be easily verified by concerned companies or persons. Universities and companies can verify and attest details and claims relating to work experience and educational qualifications with the blockchain protocol. This verification is one time and can be used whenever needed.
SpringRole crowdsources skill reputation, which rests on the people making endorsements based on skill sets. The skill level of the person endorsing determines the weight of skill endorsements and they will not count until it is accepted by both the sender and the receiver. When people in the user’s network earn SpringRole rewards, they, along with the user and organizations that have attested for that person, all gain percentages of it. Talents can use the platform’s messaging feature to reach out to potential employers and express an interest in working in their organization. For every message received, users are paid in SpringRole’s cryptocurrency, SPRING tokens.
There is a note feature on the platform as well, which allows job-seekers to make notes about those who have contacted them. Users also get the chance to showcase their freelance projects so that potential employers can view them.
SpringRole is headquartered in Santa Monica, California and generates over $22,000 in revenue per employee. Some of SpringRole’s investors include AlphaBlock Investments, Wavemaker Genesis, and BlockWater Capital. Some of SpringRole’s competitors include Textio, Rampup, and Hiring Solved.
SpringRole announced recently that it is partnering with WorkCoin, a blockchain-based platform for freelancers focused on transparency, and Bloom, a credit scoring system that is also based on the blockchain.
SpringRole (SPRING) Will be Listing on Atomars
SpringRole (SPRING) has announced that it will be listing on Atomars on October 31st with the trading pairs SPRING/BTC, SPRING/ETH and SPRING/USDT.
Atomars is a new digital assets trading platform on the cryptocurrency marketplace that is currently bridging the gap between fiat and cryptocurrencies. The Atomars platform is a fast, safe, secure and user-friendly platform that seeks to make trading easy for everyone. You can find any of the major cryptocurrencies such as Bitcoin, Ethereum, Litecoin, DASH, USDT and more on the platform. Their web and mobile apps make it easy and fun trading on the go.