The BlockChain Aspect
Introduction
In organizations, management data management is a critical issue. The human resource manager needs to handle the employees’ data with care to prevent hackers from gaining unauthorized access. Blockchain technology is essential in human resource management as it prevents the modification of data by third parties through cryptography technology. This paper reviews the article, LA privacy-preserving distributing ledger framework for global human resource record management: the blockchain aspect. Authors of the report are Tai-hoon, Gulshan Kumar Saha Mritunjay Kumar Rai William Buchanan, Reji Thomas Mamoun Alazab. The purpose of the paper is to analyze the importance of blockchain technology as it improves the privacy of the data handled by the human resource management department.
The purpose of the article in addressing data security problem
Article’s Purpose and Problem
The article addresses the problem of data security, which is a current challenge affecting most of the organization. In specific, the human resource department is handling most of the data for the organization’s employees. Therefore, the paper addresses the use of blockchain technology in ensuring the privacy of the data stored by the human resource department. It is essential to provide data security to avoid a bad reputation if hackers get access to unauthorized information that is confident. (Abstract, pg.1)
Content of the article
The development of blockchain technology has helped most organizations provide data security that is a challenge to most of the organizations that are transacting business using the online medium. Most of the information is confidential; therefore, the management has to come up with ways of ensuring that the third parties do not get access to such information. Blockchain technology help organizations that are using cloud computing as a mean of storing and transferring data. In cloud computing, different organizations share a single server, which is risky to the managed data. Therefore, with the help of blockchain technology, the organization may be able to control the access of stored information through private cloud computing services that offer data security compared to the public. (FUNDAMENTALS OF BLOCKCHAIN, pg. 2)
Findings and conclusion
According to the author (Performance evaluation, pg. 7), the blockchain framework technology’s performance in the human resource record applications was dignified in the amount of main memory consumed during its operation and the turnaround time when executing a command. Also, the implementation process was done using the Remix IDE and the Ethereum network, which had solidity contracts, and a smart system was performed on the Ethereum blockchain framework. Furthermore, about 50 Human Resource Report results showed that the intelligent contracts assisted in the instantaneous commitment of the communications causing the human resource reports application to make an undivided decision. Hence, the HRR can block access, causing a reduction in the latency rate. During the testing, not less than six peers were used whereby color codes represented peer-wise transactions whereby colored circles in the smart contract represented the decision points.
Consequently, the model is shown to be more beneficial to the Human Resource Report on the blockchain framework since the smart contract gave the same decision of the peer reports when it was executed on the distributed framework (Results, pg. 8). Also, a few numbers of latencies are observed where each focuses on a specific task response time. To give an illustration, the client-to-peer latency is concerned with the amount of time elapsed while sending a command or request to the peer. The amount of time recorded with the tested nodes was used to find out the correct calculations for transactional latency and the throughput of the node where the application was executed. Therefore, according to the comparison between the data presented and earlier recorded data, the approach proposed for the Human Resource Report Management was effective and efficient, thus, viable.
Author’s point of view and assumptions
The author firmly believes that the blockchain framework and the smart contract in the future for the organization employee management and threat management and exploitation of the company’s loopholes. Significantly, the unethical behavior portrayed by some of the employees in most of the organization will be reduced thus, increasing the productivity of the firm as well as meeting the stipulated mission and vision. Notably, the author believes that blockchain will is the long waiting future where the digital platforms will offer a lot of transparency by implementing a distributed network on the Human Resource Management application. The author assumes that this kind of platform will have minimal errors during its operations and that everything will be automatic. Besides, the organization’s reputation, which is already using these platform human resource managing, will be good and maintain old employees and customers and attract both new clients and workers.
Significance of the article
This article has explained the advantages of the automated Human Resource Report Management and how the blockchain framework helps to ensure that transparency of the organization is attained and the security is kept at the heart of the organization (Benefits. pg. 7). Besides, it is crucial because it saves the organization a lot of money lost when data is lost. According to the technological advancement, data privacy is critical to any firm and transparency is paramount and blockchain framework and smart contracts will save most of the organizations a lot of finances
Conclusions
In conclusion, human resources management is at the heart of any organization that wants to achieve its mission and vision. To accomplish that, transparency and data privacy will require blockchain technology in the Human Resource Report HRR applications. Throughout this article, it is evident that the blockchain has numerous benefits that need to be tapped by any existing organization to minimize losses through data loss and increase throughput via this unique technology’s efficiency. (Conclusion, Pg. 10)
References
Bathelt H (2001) Competence and economic Recovery: Divergent Growths Paths in Bostons High Technology Economy. Entrepreneurship and Regional Development 13: 287-317