Automated Intervention of Blockchain in Human Resource Management

Abstract

A requirement for any corporation to successfully embrace & execute the Fourth Industrial Revolution is the use of information technology (IT) in the area of human resource management (HRM) platforms (Industry 4.0). These techniques are required to provide an environment that is impartial, effective, transparent & secure. Blockchain a decentralized distributed ledger-based technology can make it easier to implement these requirements successfully. This study aims to determine the current state of application usage of blockchain technology in the area of human resource management. It also identifies potential opportunities related to the application utilization of blockchain technology in the realm of HRM along with awaited adoption challenges that may limit its application. Considering the suggested system to the current recruitment methods, there are clear advantages. So, the administration of human resources has also seen an extensive application of blockchain technology. The appliance potential of blockchain technology within HRM will be examined and analyzed in greater detail in this article.