Self-sovereign identity: a paradigm shift for the talent profile
It’s time that people are put back in control of their data – at least that’s what many startups, major HR tech vendors, and Higher Ed institutions are saying through their growing investments in research and development of self-sovereign digital identities, based on blockchain technology. The concept of portable, validated, secure digital career credentials is a complete departure from the traditional talent profiles we currently develop for our workforces, and will disrupt the technologies and processes HR relies upon every day. In this presentation, we’ll discuss what’s happening in the HCM marketplace, and where, in the employee lifecycle, self-sovereign career identities will add maximum value for individuals, managers, HR leaders and your organization as a whole. We’ll explore use cases for self-sovereign career profiles that support individuals competing more effectively based on skills and “stackable” verified credentials; removing bias from hiring and internal talent mobility initiatives; and speeding time to talent insight, acquisition and deployment while reducing friction, cost and risk associated with data privacy and security considerations.