To understand what blockchain is in Talent Acquisition and HR, we first have to grasp the technology as a whole. Unfortunately, with it still being fairly new, there is a lot of room for misunderstanding and misconceptions. This blockchain infographic was created to add a little more clarity to all the confusion.
But first, background
Blockchain technology itself was created to support the usage of bitcoin, a cryptocurrency that saw exponential growth in the past few years. However, blockchain is more than that. It is considered the technology that will redefine transactional interactions, and in more than financial capacities. Think of blockchain as a public ledger or cloud-based, collaborative spreadsheet.
Take a look at this informative blockchain article for even more insight.
Still trying to figure out #blockchain technology? Take a look at this #infographic for a little insight and clarity: Click To TweetAs Autonomous Research put it, blockchain is:
- Shared Publicly
- Decentralized
- Secure
- Trusted
- Automated
With that in mind, take a peek at these stats and facts:
