Blockchain technology enables better cross-border payroll automation

Blockchain technology enables better cross-border payroll automation

As blockchain technology accelerates into mainstream business, ADP, the giant global payroll and HR tech vendor, has deployed a team of developers who are working on a blockchain payroll system.

Kronos, another major HR tech player, is “actively evaluating” blockchain, in one of its top executive’s words, for payroll and other HR applications.

Meanwhile, a number of startups said they are already doing business in blockchain payroll and cross-border payments.

“As far as blockchain applications and payroll, one of the first things that comes out is … not only faster cross-border payments, but less expensive and less error-prone cross-border payments,” said Tashina Charagi, vice president of corporate strategy at ADP.

Read the full, original article, Blockchain payroll systems coming to HR tech.

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