Blockchain technology is rapidly spreading into every available corner in the market, leading many business owners and managers to encounter it for the first time recently. While many have heard about the exciting cryptocurrencies that are sucking up media attention, like Bitcoin, few have heard as much about the blockchain tech that’s powering those cryptocurrencies…
Blockchain technology is rapidly spreading into every available corner in the market, leading many business owners and managers to encounter it for the first time recently. While many have heard about the exciting cryptocurrencies that are sucking up media attention, like Bitcoin, few have heard as much about the blockchain tech that’s powering those cryptocurrencies and other dizzying digital trends forward. That’s a shame, because blockchain has tremendous potential to reshape how contemporary businesses work, starting with bringing staffing innovation to the market.
Here’s how Blockchain will change the way approach recruiting in the future.
Much has been made of the so-called rise of the gig economy, which is defined by an explosion of freelance workers and short-term contracts. One of the only reasons that the recent gig economy trend has taken hold is blockchain technologies which have shaken up traditional recruiting methods. One of the leading reasons companies and HR departments are turning towards blockchain-based solutions is because of the encrypted nature of these digital ledgers, which helps ensure sensitive company data and the personal information of employees or job applicants doesn’t leak quite so easily.
