The Convergence of Block-chain and HRM: Transforming Workforce Practices in the Digital Age

Authors

  • Dr. Deepti Bhutada, Assistant Professor MGV'S Panchavati College of Management and Computer Science, Nashik

Keywords:

Block-chain Technology, HRM, Integration, Recruitment, Payroll, Employee Data Management

Abstract

Purpose: This paper investigates the integration of block-chain technology into Human Resource Management (HRM), aiming to evaluate its potential in transforming key HR functions such as recruitment, payroll processing, regulatory compliance, and employee data management in the digitalized era. Methodology: A qualitative, literature-based approach is employed to review and synthesize recent research studies (2020–2025) on the applications and impact of block-chain in HRM. The analysis draws on peer-reviewed journal articles, industry reports, and case studies to uncover current trends and best practices. Findings: The review reveals that block-chain offers significant advantages in terms of data transparency, security, and automation. Its application in recruitment enables tamper-proof verification of credentials; in payroll, it streamlines cross-border payments and compliance; and in employee management, it enhances data ownership and trust. However, technical complexity, integration issues, and regulatory uncertainty pose challenges to adoption. Implications: The findings suggest that organizations adopting block-chain in HRM can achieve operational efficiencies, build stronger employee trust, and improve compliance standards. Policymakers and HR leaders must focus on creating supportive infrastructures and standards to facilitate implementation. Originality: This study contributes to the emerging field of block-chain enabled HRM by offering a structured and up-to-date synthesis of how digital ledger technologies are reshaping workforce management. It provides a strategic framework for organizations considering block-chain adoption in HR practices.

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Published

01-12-2024

How to Cite

Dr. Deepti Bhutada,. (2024). The Convergence of Block-chain and HRM: Transforming Workforce Practices in the Digital Age. Researchers World - International Refereed Social Sciences Journal, 15(2), 151–157. Retrieved from https://researchersworld.com/index.php/rworld/article/view/2341

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