Blockchain Social Networks Aren’t Ready to Transform Recruiting

Blockchain technology has gained a lot of traction in recent years. Now it’s being used to create social networks, including Sapien, Steemit, Sola, Dock, Indorse, and others. As with most new platforms, the hype is starting to get deafening, with claims of the reinvention of social media, and high-minded promises like “championing users and truth, not financial gain,” and “returning power to the content creators.” Social networks have had a major impact on recruiting, so it’s only a matter of time before the hype starts to permeate the recruiting world. But those expecting these to disrupt or transform recruiting are likely to be disappointed.