IDEAS home Printed from https://ideas.repec.org/a/mth/ijhr88/v10y2020i2p131-140.html
   My bibliography  Save this article

Benefits and Use of Blockchain Technology to Human Resources Management: A Critical Review

Author

Listed:
  • Candy So Suk Yi
  • Eric Yung
  • Christopher Fong
  • Shilpi Tripathi

Abstract

Globalization brings advantages to worldwide awareness and cross-border technology dissemination in two respects to enable nations to readily access foreign expertise and enhance international competition from the increase of emerging market companies, as well as innovation and the introduction of foreign innovations (Aslam et al., 2018). Human Resources (HR) nowadays generally faces various difficulties in the world internet era and spends a lot of time connecting, screening, and verifying the resume of applicants, conducting credentials verifications, and checking backgrounds to reduce the likelihood of poor recruitment. For example, recruiters connect the profile of candidates from different channels such as direct application, recruitment agency, and social media; and hiring resume verifications is therefore a bottleneck. Hong Kong's telecommunications industry is totally privately-owned and faces no restriction on foreign investment, and it is also open for competition. Use of blockchain in the twenty-first for the period from 2004 to 2014, an instance of international expertise and technology will increase innovation ability and labour productivity development. Experts say that obtaining verification of credentials using blockchain can reduce costs and delays, increase confidence and increase hiring automation (Han, 2017). Background checks on shortlisted candidates / applicants’ lies are used to find increasing numbers of companies on their profiles to get job opportunities (Wood et al., 2007 cited in Brody, Richard G, 2010).

Suggested Citation

  • Candy So Suk Yi & Eric Yung & Christopher Fong & Shilpi Tripathi, 2020. "Benefits and Use of Blockchain Technology to Human Resources Management: A Critical Review," International Journal of Human Resource Studies, Macrothink Institute, vol. 10(2), pages 131140-1311, December.
    • Handle: RePEc:mth:ijhr88:v:10:y:2020:i:2:p:131-140
    as

    Download full text from publisher

    File URL: http://www.macrothink.org/journal/index.php/ijhrs/article/download/16932/13121
    Download Restriction: no
    File URL: http://www.macrothink.org/journal/index.php/ijhrs/article/view/16932
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Richard G. Brody, 2010. "Beyond the basic background check: hiring the “right” employees," Management Research Review, Emerald Group Publishing Limited, vol. 33(3), pages 210-223, March.
    2. Alexander Grech & Anthony Camilleri, 2017. "Blockchain in Education," JRC Research Reports JRC108255, Joint Research Centre.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Saghin (Dima) Loredana Adriana & Zugravu Constanta Laura & Chiril Tatiana & Zugravu Gheorghe Adrian, 2024. "Green Business Audit Using Blockchain And Artificial Inteligence Technology," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 189-197, April.
    2. Yi-Hsiang Lu & Ching-Chiang Yeh & Yu-Mei Kuo, 2024. "Exploring the critical factors affecting the adoption of blockchain: Taiwan’s banking industry," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 10(1), pages 1-25, December.
    3. Niloofar Etemadi & Pieter Van Gelder & Fernanda Strozzi, 2021. "An ISM Modeling of Barriers for Blockchain/Distributed Ledger Technology Adoption in Supply Chains towards Cybersecurity," Sustainability, MDPI, vol. 13(9), pages 1-28, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Panagiotis Arvanitis & Krystalli Penelope, 2021. "Mobile Assisted Language Learning (MALL): Trends from 2010 to 2020 Using Text Analysis Techniques," European Journal of Education Articles, Revistia Research and Publishing, vol. 4, January -.
    2. Karen Núñez Valdés & Susana Quirós y Alpera & Luis Manuel Cerdá Suárez, 2021. "An Institutional Perspective for Evaluating Digital Transformation in Higher Education: Insights from the Chilean Case," Sustainability, MDPI, vol. 13(17), pages 1-27, September.
    3. Pandya Suhag & Mittapalli Murugan & Gulla Sri Vallabha Teja & Landau Ori, 2019. "Cryptocurrency: Adoption efforts and security challenges in different countries," HOLISTICA – Journal of Business and Public Administration, Sciendo, vol. 10(2), pages 167-186, August.
    4. Luis Manuel Cerdá Suárez & Karen Núñez-Valdés & Susana Quirós y Alpera, 2021. "A Systemic Perspective for Understanding Digital Transformation in Higher Education: Overview and Subregional Context in Latin America as Evidence," Sustainability, MDPI, vol. 13(23), pages 1-19, November.
    5. Yeray Mezquita & Ana Belén Gil-González & Angel Martín del Rey & Javier Prieto & Juan Manuel Corchado, 2022. "Towards a Blockchain-Based Peer-to-Peer Energy Marketplace," Energies, MDPI, vol. 15(9), pages 1-20, April.
    6. Hande Begüm Bumin Doyduk, 2019. "Impact of Digital Technology and the Use of Blockchain Technology from the Consumer Perspective," Contributions to Economics, in: Umit Hacioglu (ed.), Blockchain Economics and Financial Market Innovation, chapter 0, pages 271-292, Springer.
    7. Simon Wong & John-Kun-Woon Yeung & Yui-Yip Lau & Joseph So, 2021. "Technical Sustainability of Cloud-Based Blockchain Integrated with Machine Learning for Supply Chain Management," Sustainability, MDPI, vol. 13(15), pages 1-20, July.
    8. Semen Son-Turan, 2022. "Fostering Equality in Education: The Blockchain Business Model for Higher Education (BBM-HE)," Sustainability, MDPI, vol. 14(5), pages 1-24, March.
    9. Cătălin-Ionuț Silvestru & Alexandru-Cristian Firulescu & Dumitru-Georgian Iordoc & Vasilica-Cristina Icociu & Mihai-Alexandru Stoica & Otilia-Elena Platon & Anca-Olguța Orzan, 2022. "Smart Academic and Professional Education," Sustainability, MDPI, vol. 14(11), pages 1-15, May.
    10. Dénes László Fekete & Attila Kiss, 2021. "A Survey of Ledger Technology-Based Databases," Future Internet, MDPI, vol. 13(8), pages 1-22, July.
    11. Serrano-Calle, Silvia & Delarue, Erik, 2018. "Smart Technologies Applied to the Energy Sector. Renewable Energy Expansion Strengthened by Digital Communications and Distributed Ledger Technologies?," 29th European Regional ITS Conference, Trento 2018 184966, International Telecommunications Society (ITS).
    12. Guangyi Xu & Zhen Li & Hongli Wang, 2021. "Supervisory Career Support and Workplace Wellbeing in Chinese Healthcare Workers: The Mediating Role of Career Commitment and the Moderating Role of Future Work Self-Salience," Sustainability, MDPI, vol. 13(10), pages 1-13, May.
    13. Böhmecke-Schwafert, Moritz & García Moreno, Eduardo, 2023. "Exploring blockchain-based innovations for economic and sustainable development in the global south: A mixed-method approach based on web mining and topic modeling," Technological Forecasting and Social Change, Elsevier, vol. 191(C).
    14. Rangi, Pradeep Kumar & Aithal, Sreeramana, 2020. "A Study on Blockchain Technology as a Dominant Feature to Mitigate Reputational Risk for Indian Academic Institutions and Universities," MPRA Paper 105347, University Library of Munich, Germany.
    15. Mahima Habil & Saransh Kumar Srivastav & Pooja Thakur, 2024. "Mapping the landscape of blockchain technology: a bibliometric analysis," Journal of Computational Social Science, Springer, vol. 7(2), pages 1533-1553, October.
    16. Svetoslav Borisov, 2022. "DeFi – Potential, Advantages and Challenges," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 33-54.
    17. Engila Akhtary & Freshta Akhtari, 2022. "Effectiveness Study of Blockchain Technology in Higher Education," Technium Social Sciences Journal, Technium Science, vol. 30(1), pages 88-93, April.
    18. Xia Sun & Jinglin Zou & Li Li & Min Luo, 2021. "A blockchain-based online language learning system," Telecommunication Systems: Modelling, Analysis, Design and Management, Springer, vol. 76(2), pages 155-166, February.

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mth:ijhr88:v:10:y:2020:i:2:p:131-140. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Technical Support Office (email available below). General contact details of provider: http://www.macrothink.org/journal/index.php/ijhrs/index .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.