Blockchain in HR

DOI

10.2991/iscde-19.2019.154How to use a DOI?

Keywords

blockchain technology, digital signature, electronic document management, personnel administration, labour law, blockchain technologies, electronic registrations, personnel administration

Abstract

Blockchain is an innovative IT technology that will undoubtedly determine development of our network society in post-modernity of the coming decades. Being a young technology, blockchain needs a doctrinal explanation and a well thought regulation to ease contradictions that will arise as a result of non-uniform commercial adoptions. Blockchain technologies are already in the phase of active adoptions by the corporate mainstream, the grade of adoption to increase and cover virtually all areas of our lives. Hence it is important to analyze trends and define its prospective developments. One of such areas covers relationships in the labour market, including search and recruiting of new stuff, talent management and retainment, as well as all related activities. The application of blockchain technologies provides benefits to each aspect of HR related activities, in professional growth and career advice, in remunerations and related reductions of costs. For example, blockchain provides job seekers with an opportunity to create, to edit and to deliver their CVs in a fully transparent yet protected environment, while employers may get the provided data on educations, job experiences skills confirmed in the automatic mode by consensys tools. In many situations, blockchain allows to remove intermediaries such as recruiters (headhunters). Also, blockchain allows to simplify compliance with labour, social security and fiscal regulations, enforced by Labour Agencies and trade unions. Labour legislation and regulation falls into the realm of law that regulates one of the most important segments in societal interactions. Hence, the labour law is closely and directly related to production outputs and other important socio-economic features. To match the need of significant economic developments in the digital space, the quality of relations between the participants of remote transactions become more important then ever. Such relations need to be secured by reliable practices in electronic registrations.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - V.A. Koncheva
AU  - S.V. Odintsov
AU  - Leonid Khmelnitski
PY  - 2019/12
DA  - 2019/12
TI  - Blockchain in HR
BT  - Proceedings of the International Scientific and Practical Conference on Digital Economy (ISCDE 2019)
PB  - Atlantis Press
SP  - 504
EP  - 507
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscde-19.2019.154
DO  - 10.2991/iscde-19.2019.154
ID  - Koncheva2019/12
ER  -