How Blockchain Can Change HR Management

If blockchain is a “native” technology for cryptocurrencies, then the potential of decentralized solutions in recruitment and corporate management is only being studied. Meanwhile, blockchain can become an effective tool for optimization or full automation of complex labor-intensive business processes, such as recruitment and personnel management.

Blockchain applications in HR

The ability to store and exchange immutable data is the main advantage of blockchain technology that can radically change the relationship between companies and employees. A single decentralized system that collects reliable information about the education, skills and work experience of potential employees simplifies the recruitment process.

Candidates for this or that position can easily prove their competence without the need to provide resumes, recommendations from previous jobs and interviews.