The HR Huddle HR, We Have a Problem - From security patches to distributed ledgers - why HR tech vendors without Web3 strategies will become competitive liabilities.
In this episode of HR, We Have a Problem, Teri Zipper and guest Dennis Hill, Founder of Sagacity, LLC, and Chairman/President/CEO at IHRIM, explore Web3, blockchain, and distributed ledger technologies that promise to solve the security problems that have plagued HR systems for 60 years. The conversation covers data ownership rights, the shift toward crypto-based financial systems, and the competitive advantage of same-day pay solutions.
Key points covered include:
↪️ Blockchain and DAG (directed acyclic graph) architecture provide one-in-15-trillion security against data breaches, eliminating the need for add-on security patches that have failed organizations for 60 years.
↪️ Employees should own their personal data on distributed ledgers rather than having it stored on corporate systems, requiring federal legislation to establish clear data ownership rights.
↪️ HR tech vendors currently lack substantive Web3 roadmaps and are simply patching AI onto existing systems rather than embedding it as core architecture.
↪️ Same-day pay is now a competitive advantage in recruitment, with multiple vendors offering solutions that allow employees to access earned wages immediately rather than waiting for traditional pay cycles.
Don’t miss this exciting thought leader conversation! Follow the hosts and companies mentioned below:
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Teri Zipper
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Dennis Hill