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World's Largest Human Resource Firm Adopts Smart Contract Platform

Janelle Fox

Summary: Randstad, the world's largest human resource firm, looks to further automate its workflow using a smart contracts-focused blockchain. The firm’s 40,000 employees will utilize an enterprise blockchain solution from New York-based Cypherium. Randstad revealed on Feb. 28, that all the paperwork-intensive procedures involved in HR allocation will become automated using the platform in conjunction with Google ...

Randstad, the world's largest human resource firm, looks to further automate its workflow using a smart contracts-focused blockchain.

The firm’s 40,000 employees will utilize an enterprise blockchain solution from New York-based Cypherium. Randstad revealed on Feb. 28, that all the paperwork-intensive procedures involved in HR allocation will become automated using the platform in conjunction with Google Cloud.

Cypherium uses a hybrid design, which utilizes consensus mechanisms from Proof-of-Work (PoW) and HotStuff (also used for Facebook's Libra).

By Janelle Fox

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