Glossary Archive

Consensus mechanism

The algorithm or protocol used to reach agreement among participants in a distributed network, determining how consensus is achieved and maintained.


Consortium for Decentralized HR

A collaborative network or association of HR professionals and organizations working together to govern and promote decentralized HR solutions.


Content Delivery Network

A distributed network of servers strategically located to deliver web content, applications, or media efficiently to end-users. Convergence The integration or merging of different technologies, systems, or industries to achieve new capabilities or synergies.


Context Level Diagram

The highest-level data flow diagramming that contains the least amount of detail. It is used to represent the system, its boundary, and the external entities that interact with the system.


Contingency Plans

Used in risk management and disaster recovery planning. Describes a plan to manage processes and data in the event of a catastrophe or outage that prevents normal use of the system.


Conversion

The process of moving data from one system to another. Typically this is performed when implementing a new system and the data needs to be moved and translated from the old system values and format to the new system values and format. A program is written to take the data from the old system format...


Corda

A distributed ledger technology platform designed for building enterprise-grade applications and networks, offering privacy, scalability, and interoperability.


Core HR

Core HR (Core Human Resources) is an umbrella term that means the basic functions of an HR department; the basic data captured about employees; and the software used to manage basic HR processes.


Core HR Software

Core HR software automates the systems and processes used to manage the essential elements of each employee's records, including benefits administration, salary structure, organization management, HR tracking and payroll.


Cost- Benefit Analysis

The ability to measure the costs associated with a specific program, project, or benefit. The cost is then compared to the total benefit or value derived.


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