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ISSN 2063-5346
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BLOCKCHAIN TECHNOLOGY AS A TOOL FOR EFFECTIVE RECRUITMENT: A DESIGN THINKING APPROACH

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Archana K, Hanis Sultana A, Vishnu Priya V, Prabakaran V, Krishnaveni P, Swarnam S, Senthil Kumar S, Shamini SD
» doi: 10.31838/ecb/2023.12.si4.139

Abstract

New technologies have a substantial and long-lasting impact on every area of our lives, jobs, and enterprises. Among other cutting-edge technologies, blockchain and artificial intelligence are having a significant impact on almost all company processes, including the majority of HR-related tasks. As HR departments spend countless hours reviewing applicants and verifying records to reduce the likelihood of poor hiring, the HR sector is currently faced with a number of difficulties. Using distributed ledger technology built on the blockchain, a system that is intelligent, safe, and transparent can be created. Additionally, to create a transparent and safe environment in the age of Industry 4.0, every organisation must adopt blockchain-based technology for human resource management. By recognising talents, expertise, and experience, the blockchain-based technology can assist in finding the ideal applicant, which can significantly increase business efficiency. When building their digital strategy, HR functions and responsibilities need to start considering the blockchain alongside other emerging technologies. Examining the blockchain's potential to increase effectiveness and efficiency should be taken into account along with the wider implications for future work. In contrast to the current recruiting system, this study article advances the notion that blockchain-based technology enhances the recruitment and selection procedures and aids in employer evaluation.

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