APAC CIO Outlook
  • Home
  • CXO Insights
  • CIO Views
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • About us
Apac
  • Admired Tech

    Agile

    AI Healthcare

    Artificial Intelligence

    Augmented Reality

    Aviation

    Big Data

    Blockchain

    Cloud

    Cryptocurrency

    Cyber Security

    Digital Transformation

    Drone

    HPC

    Infrared

    Internet of Things

    Networking

    PropTech

    Remote Work

    Scheduling Software

    Simulation

    Startup

    Storage

    Wireless

  • Banking

    E-Commerce

    Education

    FinTech

    Food and Beverages

    Healthcare

    Insurance

    Legal

    Manufacturing

    Pharma and Life Science

    Retail

    Travel and Hospitality

  • Atlassian

    CISCO

    Microsoft

    Oracle

    Salesforce

    SAP

    ServiceNow

  • Business Intelligence

    CEM

    Cloud-based Planning

    Cognitive

    Compliance

    Contact Center

    Contact Tracing

    Contactless Payments

    Content Management System

    Corporate Finance

    CRM

    Custom Software Development

    Data Center

    Enterprise Architecture

    Enterprise Communications

    Enterprise Contract Management

    ERP

    Field Service

    HR Technology

    IT Service Management

    Managed Services

    Procurement

    Product Management

    RegTech

    Revenue Management

    Sales Tech

Menu
    • Augmented Reality
    • Agile
    • Cognitive
    • Cyber Security
    • Digital Transformation
    • Atlassian
    • E-Commerce
    • Managed Services
    • RegTech
    • CISCO
    • Blockchain
    • IoT
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • HR Technology
    Editor's Pick (1 - 4 of 8)
    left
    ICE: The New Future

    V S Parthasarathy, Group CFO, Group CIO, President (Group Finance & M&A), Mahindra

    Leveraging Technology to Create Better Spaces

    Terry Lenhardt, VP & CIO, Steelcase

    Sustained Communication in the Face of Consistent Change

    Rod Sagarsee, CIO, Brinks Gilson & Lione

    Doing Things in a Whole New Way

    Shane Miller, CIO, HSHS Division-Eastern Wisconsin

    How can HR technology help us in our new environments?

    Claire Tobijanski, Group HR Director, Survitec

    From HR to TM-HKBN's Journey to Drive Talent Managementvia HRTech

    CY Chan, Co-Owner & Chief Talent and Purpose Officer, HKBN

    Know Your Employees

    James Bryce, Global Head of Workforce Planning & Talent Acquisition, Kantar

    Driving Change through Online Learning

    Kemala Hayati, VP –Head of People Development & Culture Engagement, Indosat Ooredoo [IDX: ISAT]

    right

    The role of Blockchain in the HR industry

    By Apac CIO Outlook | Wednesday, May 08, 2019
    Tweet

    Optimizing various business strategies and transforming the legacies of numerous industrial processes, blockchain is now gaining momentum in the HR sector. By adopting advanced blockchain-powered technologies, human resource professionals can optimize their workforce management and development standards to a large extent. Blockchain features a digital ledger mechanism, which allows the professionals to streamline processes and store the details in the form of distinct records. Blockchain comprises of a unique set of blocks, which are based, on cryptographic principles. Each such block can hold data value. The decentralized approach upgrades HR documentation and data management conventions significantly. Here are a few how blockchain helps the HR sector.

    • Structuring and streamlining the HR functions

    Blockchain’s innovative HR processing techniques are gaining traction, and the engineers are using the ideals of this technology to streamline the operations. Blockchain provides more in-depth insights into simplifying complicated procedural steps involved in scheduling interviews, selecting, staffing and onboarding. HR sectors use advanced candidate verification system; It features a sophisticated HR ledger to hold the talent information and automatically map the selected candidates to the further staffing rounds.       

    Check This Out: Top HR Tech Companies

    • Modernizing sourcing and screening methods

    Blockchain offers modern sourcing methods to scan the candidature, analyze the CVs and make relevant decisions after applying the basic level screening algorithms. Eliminating redundancy and accelerating digital profiling and networking trends, blockchain technology helps the recruiters understand more about the candidate.    

    • Increasing the efficiency of payroll management

    By employing dynamic employee assessment algorithms, which make use of performance indicators, workforce conduct records, and more, the HR sector can ensure high-speed, efficient and highly accurate payroll processing. Secured decentralized ledger computerizes the payroll procedure to an extent which the system would validate and keep a track on overseas currency exchange, by default.

    Blockchain has opened a wide range of opportunities for the HR industry to maximize its outcomes to the fullest. With sophisticated software mechanisms, blockchain is sure to evolve and serve the industry continually.  

    Check This Out: Top HR Consulting Service Companies

    tag

    HR

    Workforce Management

    HR Tech

    Human Resource

    Data Management

    Weekly Brief

    loading
    ON THE DECK

    Retail 2021

    Top Vendors

    Compliance 2021

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    TSA Group Recognized as a Carbon Neutral Business

    TSA Group Recognized as a Carbon Neutral Business

    Three Misconceptions Pertaining to Cloud Security

    Three Misconceptions Pertaining to Cloud Security

    The Advantages of Blockchain in lot

    The Advantages of Blockchain in lot

    Three Benefits of Deploying Cloud Telephony System

    Three Benefits of Deploying Cloud Telephony System

    Technology Trends that Bring Revolutionary Changes in the Way Education Imparted Before

    Technology Trends that Bring Revolutionary Changes in the Way Education Imparted Before

    What Is the Role of AI in Managed Services?

    What Is the Role of AI in Managed Services?

    Loading...

    Copyright © 2021 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    |  Sitemap |  Subscribe

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/the-role-of-blockchain-in-the-hr-industry-nwid-6307.html