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Integrating Blockchain Technology to Populate Gig Workers into Human Capital Management of Indian Organizations

In: Sustainability in the Gig Economy

Author

Listed:
  • R. Kiruba Nagini

    (Pondicherry University)

  • R. Venkatesakumar

    (Pondicherry University)

  • S. Riasudeen

    (Pondicherry University)

Abstract

Industrial Revolution 4.0 has introduced highly useful technologies, which are yet to find their full-fledged utilization. One such technology is Blockchain, which is widely used in banking and finance sectors presently. The basic structure of blockchain is a distributed database system, powered by strongly encrypted network security systems, which can be used to implement numerous other secure systems. This study proposes to integrate blockchain technology into a human capital management system, where the human resource managers, the governmental bodies, the aggregators, the certifying bodies, and the freelancer or a gig worker are the stakeholders. This study is a conceptual model that will help a government body in policy making regarding employment issues. Upon implementation, this system will be beneficial to the society where unavailability of human capital could be tackled with gig economy. The system encompasses various technical and social factors that need to be built in a nation as a part of the social infrastructure. Such integrated systems will prove to be the backbone of any technologically empowered country. Where the nation has a vast population, it may take time to implement, but once implemented, it will become a basic infrastructural necessity implemented successfully.

Suggested Citation

  • R. Kiruba Nagini & R. Venkatesakumar & S. Riasudeen, 2022. "Integrating Blockchain Technology to Populate Gig Workers into Human Capital Management of Indian Organizations," Springer Books, in: Ashish Gupta & Tavishi Tewary & Badri Narayanan Gopalakrishnan (ed.), Sustainability in the Gig Economy, pages 267-281, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-8406-7_20
    DOI: 10.1007/978-981-16-8406-7_20
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