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Revolutionizing Workforce Credentials with Blockchain

The (un)Trustables Podcast Episode 4

Written by Christine Martin

March 12, 2024

In this thought-provoking episode of the (un)Trustables, host Darrell O’Donnell has an in-depth conversation with Dror Gurevich, the visionary Founder and CEO of Velocity Network Foundation that is reinventing how career records are shared across the global market.

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Unveiling the Future of Work

In this episode, Darrell and Dror explore the revolutionary strides made by Velocity Network Foundation in reinventing how career credentials are managed and shared across the professional landscape. Gurevich, with over 25 years of experience in workforce tech, shares insights into the challenges faced by the labour market and how Velocity Network is poised to address them.

It will change everything in the world of work: how people navigate their careers, how employers hire people, how they use talent, what kind of talent mobility is now available. It will change everything. 

Dror Gurevich, Founder and CEO of Velocity Career Labs™ and the Velocity Network Foundation®.

Key Takeaways

  • Global Labor Market Challenges (04:00): The episode kicks off with an examination of the shifting nature of employment and the disruptive impact of 300 million international migrants on job markets. Gurevich highlights the urgency of mitigating these megatrends through reskilling and better job matching.
  • Venture Capital and Public Infrastructure (31:49): Gurevich delves into the role of venture capital in funding Velocity Network’s research and development. The discussion explores the creation of a public infrastructure that is entirely open source and serves as a social good.
  • Tokenization and Fiat On-Ramps (34:03): The conversation navigates the complexities of integrating tokens into traditional financial systems and the necessity of fiat on and off-ramps. Gurevich shares insights into the challenges faced by companies unfamiliar with token usage.
  • Accreditation and Auditing (42:48): The episode explores the accreditation process within the Velocity Network, emphasizing the importance of trust and compliance. The role of notary issuers and their incentives in the ecosystem is unveiled.
  • Proud Achievements and Industry Engagement (09:15): Gurevich expresses pride in the engagement of influential companies, industry associations, and stakeholders in the Velocity Network Foundation. Organizations such as SAP, Aon, and the American Council on Education contribute to the governance of this decentralized protocol and infrastructure​​.

Looking Forward

As Gurevich reflects on the journey of Velocity Network, listeners gain valuable insights into the potential impact of blockchain technology on workforce credential verification. The episode transcends the technicalities, providing a glimpse into the broader implications for the global job market and the future of work.

How to Listen

Don’t miss this episode! Tune in to the (un)Trustables podcast on Simple Cast or Apple Podcasts to catch the whole conversation with Dror. Whether you’re a tech enthusiast, a workforce development advocate, or someone intrigued by the intersection of blockchain and professional credentials, this episode is a must-listen.

Subscribe, share, and join the conversation as we navigate the uncharted territories of trust in the digital age. The future of work is here, and the Velocity Network Foundation is at the forefront of this transformative journey.

 

Be part of the change. Listen now!

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