PRESS RELEASE. Ispolink is building an open access, tokenized, decentralized, and AI-powered cross-chain platform designed to match highly skilled tech talents with blockchain firms around the globe effortlessly. The Ispolink platform offers its users an interoperable end-to-end solution powered by Binance Smart Chain and Polygon blockchain networks.
Outdated legacy systems propelled HR into the digital age but failed to remain agile and adaptable to businesses and employee needs. As a result, the current labor industry needs tech solutions that provide custom services, interoperability, and data security.
The industry is experiencing four major problems: First, there is insufficient information visibility regarding job seekers and ineffective job matching. Secondly, businesses take long to hire through intermediaries, increasing the associated costs further. Thirdly, there is low confidence in candidate identity, and qualifications as most candidates lie in their resumes. Fourthly, there are several problems caused by centralizing data and social media platforms, like censorship.
Ispolink uses blockchain technology to authenticate, store, and share job seeker’s information securely. Furthermore, the platform has integrated AI algorithms to automate the resume screening process, boosting recruiter efficiency. This increases the recruiter’s offer-to-join ratio and minimizes hiring expenses significantly.
“We have entered the age of blockchain and AI-augmented work and decision making. By integrating blockchain and AI, we strongly believe we will fix the misapplication and inefficiency that has plagued the HR industry for decades,” said Emanuil Pavlov, the CEO of Ispolink.
Ispolink Platform is designed with scalability and interoperability in mind, and its integration with the Polygon will solve the scalability and usability issues while building on decentralization. Polygon is a side chain scaling solution for existing platforms.
The Ispolink Native Token
ISP is an ERC20 token based on the Ethereum blockchain and Binance Smart Chain. It is the native token of the Ispolink platform, fueling all the activities taking place in the entire ecosystem. It can be used to acquire hiring packages, reward verified users, govern the ecosystem, and for staking purposes.
Besides, ISP offers distributed economic incentives to encourage users to contribute and maintain the Ispolink ecosystem, thereby creating a win-win system where all participants are fairly compensated for their efforts. These use cases make ISP is an integral and indispensable part of the Ispolink Platform.
Strategic Partnerships and Backing From Industry Leaders
Ispolink’s corporate relationship appeals well with the phrase, “If you want to go fast, go alone. If you want to go far, go together.” The company has forged strategic partnerships with various blockchain companies to transform the HR industry and blockchain interoperability.
In June, Ispolink announced that it had successfully integrated Polygon into its platform. By offering cross-chain support through Polygon, they aim to empower their users to take advantage of the considerably cheaper transaction charges and faster settlements when purchasing goods with $ISP, staking $ISP tokens, earning referral bonuses, or claiming rewards.
In May, Ispolink announced its collaboration with Shield Finance. The partnership is projected to provide an additional layer of protection to $ISP holders and liquidity makers against sudden market crashes. Besides, Ispolink also partnered with Matic to assist them in sourcing and attracting qualified talents in May.
Apart from these strategic partnerships, Ispolink has received support from notable blockchain industry backers such as Genblock Capital, AU21 Capital, Magnus Capital, X21, Moonwhale Ventures, Master Ventures, GD10 Ventures, Gate.io. These strategic partnerships and support from industry leaders clearly show the confidence that the blockchain industry as a whole has towards the Ispolink platform.
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