Potential Impact on the Human Resource Industry with Blockchain Technology and the Possibility of Industrial Change

Abstract

As an infrastructure layer technology, Blockchain technology could have an impact on a broad range of industries, and we discussed the implication to the human resource industry in this paper. We already see a few cases where Blockchain technology is used for issuing and verifying academic certificates outside of Japan. Active research has been undergoing on decentralized ID and private data management, and there is a possibility as a core technology for trust sharing and management platforms. Despite various challenges the technology faces today, we might see a certain level of disruption in the human resource industry in the near future and would need to continue to watch the evolution of the technology.