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POTENTIAL USES OF BLOCKCHAINS IN HUMAN RESOURCES

Peter Nagy

APSTRACT: Applied Studies in Agribusiness and Commerce, 2023, vol. 17, issue 01

Abstract: Blockchain technology offers businesses many opportunities for more efficient operation and safer data management. It also becomes easy to store and share employee data, while the blockchain guarantees that it does not fall into unauthorized hands. The management of financial transactions and the automation of the payment process are also a great advantage for businesses, which can manage the payment of wages and benefits more efficiently. Another area of application of blockchain technology is the creation of more efficient workflows that can improve productivity and reduce costs. The management of work schedules and optimized work processes will also be easier with the help of the blockchain, so businesses can become more efficient and effective. In this article, the relationship between HR and blockchains was explored through a metaanalysis based on available related publications.

Keywords: Labor; and; Human; Capital (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ags:apstra:339879

DOI: 10.22004/ag.econ.339879

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