It’s not a question of if, but when. "Blockchain will be the fundamental way we store data in the future," said Kevin Wheeler, founder and president of the Future of Talent Institute, a San Francisco-area think tank. "The only real question is how quickly will it become universally accessible?"
Wheeler was speaking at Hiring Success 18, a conference for recruiting professionals held by SmartRecruiters, a talent acquisition platform based in San Francisco.
Blockchain is a bit mysterious and hard to understand (see below for a quick explanation), but every day we are getting more familiar with it and its potential for HR and recruitment, he said. Blockchain’s applications for HR and recruiting are numerous and include the ability to protect employee data, secure payroll, eliminate candidate-records verification and streamline onboarding.
Source - Read More at: www.shrm.org