Express

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

Last Update:

Tags: ,,,,
Link: World's Largest Human Resource Firm Adopts Smart Contract Platform   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 4 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 10 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 13 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 14 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 17 days ago

    • You need to login to comment.