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If we speak about blockchain technology, we mostly link it with the trading of
cryptocurrencies and Bitcoin. Over time, however, we have seen a great shift in the use
cases of Blockchain technology, and we can now find its numerous applications in the
various sectors of the industry. Different verticals of business such as banking, marketing,
and human resources will benefit from Blockchain. We will illustrate the relevance of
Blockchain in the area of human resource management in this blog.
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5 Ways Blockchain Can Transform
Human Resource Management
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Blockchain's 5 applications in human resource management
1. Recruitment- Blockchain's first use case is in the recruitment sector. Typically, it takes
the most human resources, from resume procurement to candidate shortlisting, a lot of
time goes into it. But things will get simpler with Blockchain. Since all the applicant
information is present on the DLT, it becomes easier for you to access the system and
take out the resume of the correct candidate for your requirement.
2. History check-The next significant task in human resource management is to conduct
the background check of the workers. Companies currently depend on a third party for
this job; however, things would be simplified by Blockchain. Because the organization
would have direct access to the information of the applicants and Blockchain guarantees
the validity of the history of the nominee, this would be a more reliable way of checking
employee data.
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3. Protection of employee data- The next significant aspect of Blockchain is that it offers
full security of data. Since all the information stored on the DLT is cryptographically
encrypted, it guarantees that the information is secure from attacks and breaches of
data.
4. Smart contract for contract jobs- It can be a challenging challenge for many businesses
to employ contracted workers now, keep a record of them, and pay them on time. So,
using smart contracts that are auto-executable will be the safest way out. If the job is
done, the contract will be executed and the payment will be made. This eliminates all
forms of delays that are frequently part of contractual work.
5. Confidentiality of knowledge- The user is granted authority by Blockchain. The
information is protected with the blockchain in place, and people have full control over
the information.
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These are some of Blockchain use cases and carry a prospective future. If you are
prepared to do a job as a Blockchain professional, then now is the best time to do
so.
Here's the next step:
Your next step should be to register for a Blockchain certification program
provided by the Council of Blockchain. Full information on Blockchain and its use
cases is supported by this detailed learning program. You will become familiar
with the principles of Blockchain and its use cases with this certification program.
Connect with the Blockchain Council today to learn more about the Blockchain
certification program. 5
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In the future, Blockchain will become the main driver of transformation, and if
you really want to become a part of this change, this is the best time to
participate in the Blockchain certification program.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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