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Blockchain and HR

1
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Candidate Background Verification is one area where blockchain can solve the huge problem companies face.

Where else can blockchain help in HR?

Blockchain
HR Transformation
technology
Human Resources
Khalid Raza
5 months ago

4 answers

2

Like any other business problem - Blockchain should only be applicable if required. If the things can be solved by non-blockchain solutions ( RDBMS), there is no need to go for a decentralized distributed ledger. Having said that, I think followings are some areas where blockchain can be useful -

  1. Document verification
  2. Background check / verification
  3. Smart contracts on policies / agreements / contracts etc.

Thanks

Hitesh Mathpal
5 months ago
Resume verification. - Charu 5 months ago
1
  • Verifying and assessing the education, skills and performance of potential recruits – enabling those recruits to be allocated to the most appropriate roles.
  • In turn, giving people a comprehensive, trustworthy blockchain-based record of their education, skills, training and workplace performance.
  • Managing cross-border payments and employee mobility, including international expenses and tax liabilities, with the potential for organisations to create their own corporate currencies.
  • Boosting productivity, such as by automating and reducing the burden of routine, data-heavy processes like VAT administration and payroll.
  • Enhancing fraud prevention and cybersecurity in HR, including both employees and contractors.

David Cottrell
5 months ago
1
Charu Gulati
5 months ago
Interesting. Thanks for sharing. - Hitesh 5 months ago
0

If we understand employees similar to vendors, blockchain supports to connect single information. For example, certifications, diploma, work-experience, etc, but also more operationally daily working-hours, breaks, holidays, sickness-days, etc. This makes it clear that it is not only an efficient technology, but also includes ethical pitfalls, as it make the employee quite transparent.

Patrick Henz
5 months ago

Have some input?