Tag Archives: dlt
Why create Performance Appraisal System on Blockchain?
In this post, I would discuss the need for creating a performance appraisal system by making use of Blockchain, Smart Contracts, and Cryptocurrency such as PATB (PAT on the Back) Coin. This article is in continuation to the article I posted on LinkedIn with the title as A Decentralized Performance Appraisal System using Blockchain & Smart Contracts? Performance Appraisal – Need for Greater Trust, Transparency, and Rewarding Experience In age-old performance appraisal review system, the performance review is done by a couple of guys including the immediate manager/team leads and the reviewer. While some managers (and/or team leads) maintain the record of the all-round contribution of the employee throughout the year, most of …
I found it very helpful. However the differences are not too understandable for me