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Braintrust is putting the freelance job market on the blockchain

  • 1 yr ago

Many companies are finding it hard to find technical talent, and when they do, they often have to pay high fees to recruiters or job sites. A new decentralized marketplace for talent thinks it can change the traditional recruiting model using blockchain technology and an incentivized community.

Braintrust is a blockchain-based system orchestrated by six separate software companies that takes the middleman out of online recruiting sites like Toptal or Upwork. While crypto and blockchain advocates have promised that decentralized networks can give more power to individual users, many applications that have launched so far have focused on finance, trading and speculation.

But Braintrust could be an example of how blockchain technology can be used to establish a trustworthy community of job seekers, employers and part-time HR personnel.

"It's a decentralized exchange, except for people to get work," said Adam Jackson, co-founder and CEO of Freelance Labs, one of the core teams building Braintrust. "It's not for hedge funds to trade derivatives with each other, it's for freelancers. In our case, we've started with designers, product managers, engineers, but it could work for any knowledge worker."

Continue reading: https://www.protocol.com/fintech/braintrust-job-search-crypto

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