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How Blockchain can help with HR processes? Different governments and industries around the world have already started leveraging the potential of blockchain technology. Blockchain technology development is not only about Bitcoin and other cryptocurrencies, it can do a lot more than that.
The decentralized feature of blockchain verifies and automates the flow of data/information. This makes it a trusted system to store data without any thirdparty help or middlemen. This is the reason it has attracted different economies. Well, to our surprise HR professionals can also take the advantage of blockchain. This article talks about the potential, an idea which is generating all over the web. Consider it as a layman guide. No need of resumes or job portals The blockchain is a decentralized and distributed system which can store employee information related to their job experience, achievement and even the reason behind him/her job change. The HR doesn’t have to verify it each time they get in touch with the candidate. This detail is all authenticated and are stored on the journey levels of an employee. Likewise, the company detail will also be provided, so that the candidate can also check from their side before applying. It is also possible to store the performance indicators for better scrutinizing.