About Blockchain

The adoption of blockchain technology in human resources (HR) is transforming traditional practices. Blockchain can provide a secure and transparent platform for verifying an applicant’s credentials, reducing the time and resources spent on background checks. It creates an immutable record of an individual’s qualifications and work history, enhancing trust and efficiency in the hiring process. Similarly, blockchain can revolutionise payroll management, especially for companies with international operations. It can streamline transactions, reduce costs associated with currency exchange and bank fees, and ensure timely and secure payment. As a result, a growing number of workers are now choosing to be paid in crypto.

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