Gradbase is a United Kingdom based startup founded in 2016, aiming to prevent fraud in recruiting by revolutionizing the way qualifications are verified. The company's slogan, "Gradbase prevents fraud in recruiting by verifying qualifications instantly via Bitcoin Blockchain and QR codes.," encapsulates its innovative approach. Gradbase addresses the prevalent issue of counterfeit certificates and fabricated qualifications, which poses a significant challenge for recruiters. Gradbase's solution involves uploading qualifications, such as diplomas, to the Bitcoin Blockchain, providing the issuer with a QR code. This QR code can be easily integrated into candidates' CVs or LinkedIn profiles and scanned by employers, allowing for instant verification. This approach not only enhances the efficiency of the hiring process, reducing the verification time from four weeks to four seconds, but also ensures that genuine candidates with authentic qualifications stand out in the job market. The startup operates within the industries of Blockchain, Information Technology, Internet, and Payments, showcasing its relevance within the technology and financial sectors. By leveraging blockchain technology, Gradbase not only provides a secure and tamper-proof verification process but also offers a solution that benefits universities, employers, and job candidates. Gradbase's unique value proposition aligns with the growing demand for streamlined and secure recruitment processes, making it an attractive investment opportunity for venture capitalists seeking to support innovative solutions in the HR tech space. As of now, there is no publicly available information about the startup's latest investment or investors, but its disruptive potential in the recruitment industry makes Gradbase a promising prospect for future investment considerations.
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