Blockchain technology has potential in HR recruiting

March 17, 2019
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This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

The blockchain technology can revolutionize the Human Resources sector, specifically in the field of selection, according to the Digital Talent Agency (Barcelona, ​​Spain).

The Digital Talent Agency presents itself as the business line of a business group with more than 15 years of experience in the technology sector and in the field of talent, which has been consolidated in recent years to help companies in the Talent Collection IT & Digital.

"The blockchain technology is transforming the digital world and modifying the vision we have of it," they say. One of the sectors that is revolutionizing is that of HR, specifically, the field of selection and recruiting. Digital Talent Agency has analyzed what are the keys of the use of this technology when it comes to finding talent for a company.

The Digital Talent Agency underlined: "Blockchain technology is transforming the digital world and modifying our way of understanding it. Cryptocurrency is just one of the tools that has created this phenomenon, but we can use Blockchain to select talent. of data through block chains allows to automate processes and improve their accuracy, in this sense, the recruitment of personnel has never had such an advanced tool."

"One of the keys to understanding the Blockchain technology to select talent is its security, it allows you to run information exchanges and digital operations in general reliably and without intermediaries, Blockchain is used to send and receive cryptocurrency precisely for the security it provides. , it is possible to apply it to other sectors such as HR to take advantage of their capabilities," they added.

Thus, according to this firm, the use of Blockchain to select talent will be based on six fundamental principles:

Verification: The Blockchain technology allows to verify all the data related to the candidate. From their own identity to their academic qualifications, through their work credentials and their experience throughout the selection process.

Reference: The reference processes will be simplified. The Blockchain application to select talent will allow the candidate to upload their certificates to verify them on a single occasion.

Identification of potential candidates: The most suitable candidates can be identified in each process. The specific profiles of each person and their experience will be taken into account to fit job offers with professionals.

Smart labor contracts: Blockchain can be applied to labor contracts to generate the so-called Smart Contracts. This type of automated contracts do not require a human hand to verify the data. Algorithms are based on the information of the candidate and their results or actions to decide whether to reward him or not, for example. The specialists in the legal field would be in charge of preparing this type of contracts and applying this technology.

Tracking the professional: Throughout his journey in the company, the professional acquires new knowledge and develops new tasks. Therefore, we must take into account not only the previous information of the person but everything that has been learned in each job. Traditionally, the Human Resources department was awarded this task, but thanks to Blockchain it is possible to simplify this documentation process.

Payment of payroll: In the future it will be possible to delegate to Blockchain all aspects related to payments to workers.

Privacy and biometrics

In the aforementioned agency they emphasized privacy. "Blockchain must offer almost absolute privacy to its users, without this element, this technology would not make sense.

For this reason tools have been born to securely exchange personal information. One of the most disruptive technologies in this sense is biometrics, which uses unique genetic information in each person," they detailed.

"It is the individual who has his own credentials with this tool, so it is not unreasonable to think that in the future biometrics will be applied to the HR sector, so in the case of the Blockchain to select talent, the biometrics to verify the information of the candidates without endangering their integrity," they specified.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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March 17, 2019

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