Blockchain

NGA Human Resources enlists Gospel Technology for blockchain pilot

NGA Human Resources is piloting Gospel Technology’s DLT-powered Enterprise Secure Data Platform with a view to integrating it into its BPO payroll services architecture. The project runs until March and will provide the company with the insights it needs to establish the proof-of-value (PoV) for the platform.

“The greatest risk to any business is a data breach. Failure to protect Personal Identifiable Information (PII) can literally ruin an organisation’s reputation overnight. It’s for this reason that we’ve spent the past year looking at the potential integration of blockchain into our BPO HR and payroll services, as well as our internal processes,” says Andy Monshaw, CEO of NGA Human Resources.

“It’s absolutely key to our business that we can give our clients and employees the assurance they need that their data is secured in the most trusted environment possible.”

“We’re really excited by this partnership with NGA HR and believe the results will demonstrate the business efficiencies, operating cost reductions and future proofing the Gospel Technology solution for the business world. This partnership moves distributed ledger into enterprise use and demonstrates the real-world capability of the technology across differing vertical markets and use cases,” says Ian Smith, CEO, Gospel Technology.

“In the NGA HR pilot, together we’ve proved that managing data correctly and contextually significantly reduces the attack surface of an organisation. This is because data can only be seen by the right person, for the right reason and every data transaction (attempt, read and write) is recorded within the blockchain, providing immediate visibility and response of any intent to breach. Mitigating data breach costs and reputational damage.”

The architectures of today are no longer fit for purpose, as regular high-profile security breaches demonstrate, Smith argues. He adds that his company’s vision is “to secure key enterprise and personal data to build a future where trusted data collaboration is the norm and we can see a huge opportunity for NGA HR as an employer, and as a controller and processor of data.”

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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