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4 Ways Blockchain is Revolutionizing Business Processes

Blockchain technology was introduced with Bitcoin, the digital currency. A blockchain is an unbroken log of transactions, each one considered a “block” of information. It’s maintained and shared over a network of distributed computers, but the data is encrypted for security.

But the blockchain concept is rapidly expanding beyond the cryptocurrency universe. Here’s how other professions are adopting blockchain to particular business needs for more efficient data sharing.Recruitment Locating and onboarding new talent is a constant chore for HR departments in every company. Blockchaining can provide you with a secure but flexible informational source. It’s changing the way businesses recruit employees in the information age.

Source: smartdatacollective.com
Author: Joe B. Peters

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