Blockchain Based Employee Rewarding System

Abstract

In this technical era which changes every second, Blockchain plays an advanced role by extending its application in several areas such as telecommunication, networking, and mobile applications, so, now blockchain technology as a decentralized application is made an efficient, immutable, and secured platform to economical society in many aspects specially for database analysis and networking purposes. Recently, many organizations all around the world are using this technology to meet with the competitive business society because they understand the potential of this decentralized management platform. Although there are many systems existing and developing for bracing the bond between organization and customers, there is a lack of systems for employee evaluation. Decentralized Ethereum private blockchain network which this paper has described will enable company generated token transactions among the employees in the organization. The system allows an employee to reward a number of tokens to his subordinates on their performance base.