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Blockchain in HR: A Brief Look at how Blockchain can Impact Human Resources
Blockchain technology has been disrupting numerous sectors that HR departments tend to work with to ensure better management of human capital. For instance, other than the relevance of blockchain within the banking sector, Forbes has considered the health sector as among the leading industries that have a high chance of being disrupted.
By 2025, approximately 55% of applications within healthcare may utilize blockchain technology for commercial deployment, at least according to Bitfortune. Hence, HR departments will have to be at the forefront of healthcare’s evolving landscape, which includes blockchain implementation as well, so that they can keep on being a relevant authority on the delivery of wellness programs or healthcare plans to employees.
However, blockchain implementation will obviously be more than simply a concept that HR professionals need awareness of for partnership…