Home / Blockchain / Helmsley Spear, Swig Equities, Falcon Pacific Construction, Fulcrum Equities Are Using Hercules Blockchain Protocol for its Human Resources Documentation

Helmsley Spear, Swig Equities, Falcon Pacific Construction, Fulcrum Equities Are Using Hercules Blockchain Protocol for its Human Resources Documentation

GEORGE TOWN, Cayman Islands–(BUSINESS WIRE)–Helmsley Spear, LLC, which recently announced a joint effort with
Hercules SEZC, a blockchain supply chain software protocol to document
the rent rolls of its commercial leases, is expanding this collaboration
to include human resources documentation. “Innovation is key to our
success,” Helmsley Spear President Kent M. Swig says. “By adopting
blockchain technologies, we insure that our company remains at the
forefront of today and tomorrow’s transformative technologies so our
businesses and clients benefit.”

Other ventures owned and operated by Kent Swig including Swig Equities,
Falcon Pacific Construction, LLC, and Fulcrum Equities, LLC, will also
use Hercules’s blockchain platform in its Human Resources documentation.
“Hercules’s specialist team will provide a blockchain-based Dapp that
will enable more efficient human resource functions within several of
our businesses to enhance operations,” Helmsley Spear Executive Oliver
Swig, who has been spearheading the company’s blockchain implementation,
says.

Such a move will insure Helmsley Spear and Swig’s other participating
companies will replace inefficient and labor-intensive processes, whilst
boosting productivity by automating cumbersome and data sensitive
processes like document administration and payroll. Perhaps even more
crucial, the use of blockchain can improve fraud prevention and
cybersecurity in HR.

“Blockchain technology can impact Human Resources functions such as
trustworthy verification of counterparties’ identity without third-party
involvement,” Hercules SEZC CEO Anthem Blanchard says. “For example,
verifying & assessing the skills and performance of staff can provide HR
with trustworthy blockchain-based record of skills, training and
workplace performance.”

The Hercules application will help Helmsley Spear with uploading and
saving agreements, along with applying blockchain technology to other HR
capabilities. According to Oliver Swig, “We’re pushing the envelope to
ensure key Human Resources functions, such as compliance auditing,
transaction security, contract lifecycles, verification, and referencing
are augmented.”

About Hercules, SEZC

Hercules is a Special Economic Zone Company (SEZC) that develops
supply chain management software utilizing public blockchains. The
Hercules platform is decentralized and powered by HERC tokens which are
required to record and validate the supply chain data. Hercules secures
the integrity of its blockchain through proof of human work called Human
Initiated Performance Report (HIPR). Hercules is based in
Grand
Cayman.

For more info, visit the official website: https://herc.one/.


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