The team of OS University is majorly focused on creating a platform based on the technology of Ethereum Blockchain that can introduce transparency amongst learners, businesses, and academia. The main aim of this platform is to solve the issues that these parties face by linking them through the use of Blockchain.
The actual potential of digital currencies is yet to be realized. Ethereum Blockchain is developing a trust factor between the parties so that they can easily perform all the agreements and communications between learners, businesses, and academia, which will save their time and money.
The Open Source University makes use of technologically advanced algorithms matching between businesses as well as learners, which will be executed within a smart contract. Through the use of its b2l smart contract model, they are going to create a link between business owners looking for new talents and learners having appropriate matching skills.
Business owners can get a lot of benefits by using this b2l model, such as reduced expenses of recruitment, increasing success rate of new candidates, real time performance index for existing workers, social advantages for the best performers, updated knowledge base, and transparent interactions between two businesses.
The benefits that learners can get through this model are that they are able to develop a direct connection with business owners, get transparent compensation schemes, and social advantages. Plus, business organizations can approach skilled and talented employees during an early phase of their learning. Additionally, it creates a direct link between the education you are acquiring and the job opportunities that you can tap.
The Open Source University has revolutionized the means of acquiring education. This Blockchain-based university has come up with a different way through which business organizations can hire labor force. This system of obtaining education is far better as compared to the conventional ways of learning.
As far as traditional system is concerned, many employers claim that there is a shortage of talent. Through the use of Business to Learning smart contract of the Open Source University, this problem can be reduced because of the uncountable pool of new talents upgrading their skills, abilities, and aptitude on a daily basis on Blockchain.
Nowadays, a lot of employers think that the market of labor is driven by fresh talents, but this thought process can be changed by using Business to Labor smart contract that will enable both employees and business owners to create new and innovative ideas and do active collaboration.
A majority of companies evaluate the performance of the employees only once a year. This issue can also be removed as all the firms in Blockchain will be able to measure the performance of the employees by making use of key performer indicators.
By removing all these problems, the Open Source University has changed the process of development and business learning. If you are interested to know more about the Open Source University, its vision, and the parties involved in it, then read its whitepaper.