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The Growing Impact of Blockchain on How We Run HR and Talent Processes
Blockchain promises to be indispensable to Human Resources practices like recruitment, payroll, and employee data. Indeed, Blockchain’s appeal is a route for permissioned parties to confirm, validate and authenticate the exchange of data through its distributed ledger. Blockchain encrypts data and validates transactions through consensus, distributing an unchanging copy of exchanges to each entity that has a copy of the ledger. This builds higher levels of shared trust between parties and removes the need for third-party verification.
In HRchat episode 249, we look at ways Blockchain can
