Mechanism Construction of Human Resource Management based on Blockchain Technology

Abstract

The traditional human resource management system is faced with such problems as the quality of staff recruitment can not be guaranteed, the training performance is not consistent with the actual performance, the enterprise performance appraisal is unfair, and the salary distribution is unfair, which seriously affects the enthusiasm and loyalty of employees and threatens the survival and development of enterprises. In view of the current situation and problems of human resource management system, combined with the technical characteristics of blockchain, this paper proposes a human resource management mechanism based on blockchain technology, in order to achieve the company’s human resource management system accurate, efficient, open and transparent. It is found that there is a good coupling between blockchain technology and human resource management system. This paper constructs a human resource management mechanism based on blockchain, innovates the application scenarios of blockchain technology, and provides certain guiding significance for the establishment of human resource management system and process improvement in the future.

An innovative blockchain-based system for human resources digitalization with traceable relationship management

“…The scholarly community has extensively delved into this phenomenon, proposing a plethora of innovative solutions within the realm of HR management. These innovations encompass pioneering mechanisms founded on blockchain technology, aiming to imbue the company's human resource management system with accuracy, efficiency, openness, and transparency [21].…”

“…This mechanism promotes transparency, fairness, and openness in human resource management while ensuring rapid information updates and feedback without significant third-party interference. Furthermore, exploring smart contract integration and resolving token issues within the consensus mechanism represents promising future research directions for human resource management scenarios [21]. The growth of smart device usage and internet technology has heightened the importance of the authenticity of human resource information, such as the system of certification [16].…”

Blockchain i upravljanje ljudskim resursima

“…It can be used to certify and manage ownership of any asset that can be digitally recorded (Drescher, 2017). It can also manage and record other digitized information, such as supply chain history, health records, and claims and payment information (Li et al, 2021). Blockchain maintains an encrypted table of transactions, where each block in the chain consists of transactions that occurred during a specific period.…”

“…The use of smart contracts on a blockchain by HR departments can help reduce contract management's limited rationality and uncertainty while improving transparency and security. One advantage of of applicants' basic qualifications than by contacting education and training institutions, previous employers, and references (Li et al, 2021).…”

“…Blockchain is expected to improve organizational processes, including strengthening the accuracy of supply chain tracking (Subramanian et al, 2020), securing contractual agreements (Fauziah et al, 2020), and combating fraud (Sarda et al, 2018). Human resource management (HRM) is one area where blockchain is expected to significantly impact traditional HR functions such as recruitment, contract management, training, and compensation (Li et al, 2021;Pal et al, 2021). This paper examines how blockchain may provide advantages to HR departments from the perspective of transaction cost economics (TCE) theory, especially as set forth by Coase (1937Coase ( , 1960 and Williamson (1979Williamson ( , 1989.…”