Utilization of Blockchain Technology to Manage Human Resources Data

Abstract

Blockchain is a transaction platform that makes use of the immutability qualities of immutable data records. Because of the dispersed nature of this technology, it has a broad variety of applications in numerous industries. Seeing the potential of this new technology, the authors picked the sector of HRM since this data must be kept private and secret while still having great research value. This research presents a unique blockchain-based encryption method for establishing a HRM data method that decreases the danger of HRM data integrity. The data is authenticated using smart contracts, and data is encrypted using the proposed Improved Identity-based blowfish encryption algorithm (IIBEA) with particle swarm optimization (PSO). New blocks are verified using the proof of work (PoW) consensus process. The suggested model's metrics are examined and compared to traditional encryption approaches. This model solves the lack of difference in the authenticity of HRM information, as well as give real and effective information to the HRM of organizational companies.