Blockchain for HR: Here are 4 stories you must read
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“By 2025, 10 percent of the Gross Domestic Product (GDP) will be stored on blockchains or blockchain related technology,” says a World Economic Forum (WEF) report."
This certainly means that blockchain is not only meant for technologists but it is probably something which everyone involved in business should take notice of. While the hype around blockchain technology is reaching a fever pitch these days but there still exists a lack of understanding about what it is, and what it does.
We are almost coming to the end of 2018. In the last ten months, we have continued to see rapid new developments in the blockchain. Considering the wealth of news coming through from the world of blockchain, we think it is a great time to put together this extensive guide to the best blockchain articles of the year so far.
Here is the list of top blockchain articles:
Is HR ready for blockchain?
The word "blockchain" is peaking in frequency in corporate boardrooms and has become impossible to ignore. Organizations like Maersk, Accenture, Facebook, etc. are investing aggressively in the blockchain. The world’s largest transporter, Maersk, examined the technology earlier this year to track cargo. Retail giant Walmart is using blockchain to track how livestock from China moves through the supply chain. In education, blockchains are being set up to secure and share student records, degrees, and credentials.
While the technology is not new but recently it has become more mainstream. The technology has the potential to disrupt everything we do online and in the real world, including traditional HR processes.
Read this article to know how HR can adopt blockchain in HR across the employee lifecycle.
Here's how blockchain is going to impact human resources
Blockchain, with its decentralized system, promises to change our lives in many different ways, its potential applications being quite rich, varied, and extensive across a host of functional domains. One such domain is Human Resources (HR), the custodian of the most valuable asset an organization possesses – its People. While Blockchain will continue to draw attention and application in managing finances and supply chains, HR could be an amazing fit as well – the key difference in HR being that organizations would be validating the authenticity of their employee information, rather than general assets and transactions.
Read the article to know more.
Here’s what you should know about Blockchain in Recruitment
So, what's with all the recent hype going about integrating blockchain technologies in HR and Recruitment processes? If you have not heard about blockchain, you are not alone. Read this article to know how organizations can integrate blockchain to avoid recruitment setbacks.
What is the impact of Blockchain tech on the job market?
With the rise in popularity of Bitcoins, its underlying principle blockchain has also come into the limelight. What future potential does this technology possess? Sectors like advertising, healthcare, retail and insurance, all have projected benefits when it comes to usage of blockchain technology. The article highlights the job and skill trends in blockchain technology.
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