Assessing the Practical Implications of Integrating Blockchain Technology into Human Resource Management in Digital Era: An Empirical Study

Blockchain technology has the potential to revolutionize HRM procedures, but its impact on hiring, onboarding, and performance reviews remains unknown. This study uses a quantitative research approach, involving an employee, organizational leader, and HR professional survey, to quantify the influence of blockchain on HR productivity, assess its protection of confidential HR information, and improve personnel management transparency. Confirmatory factor analysis (CFA) and structural equation modelling (SEM) are used to examine data from businesses that have integrated blockchain technology into their HRM systems. The results show that blockchain effectively protects HR data, ensures privacy, and enhances transparency in employee records, certifications, and career advancement tracking. Transparency is the second most important factor correlated with blockchain adoption, after privacy. These findings provide valuable advice for businesses considering or navigating the use of blockchain technology in HR administration. Future research should focus on off-boarding procedures, such as updating employment records, managing payroll, and conducting exit interviews.