HR Brief - February 2018
/The Technology with Limitless HR Possibilities: Blockchain technology is an encrypted digital ledger of public records organized into groups of data (blocks) and distributed over networks. This type of technology is best known for being the backbone technology for the digital currency bitcoin and is a way to store personal information in a secure manner and make it available to anyone with permission from those individuals.
According to experts at the Human Resource Executive's 20th Annual HR Technology Conference & Exposition, blockchain technology will come to the HR industry within the next 18-24 months, with companies like Microsoft and IBM already making huge investments in the technology. The potential HR uses of blockchain technology could be limitless.
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