BLOCKCHAIN-BASED EMPLOYEE WELFARE GOVERNANCE: A FRAMEWORK FOR ADVANCING SDG IN INDIAN CORPORATE HR PRACTICES

Abstract: In the evolving landscape of corporate governance, employee welfare has emerged
as a critical pillar of sustainable human resource practices, particularly in alignment with the
United Nations' Sustainable Development Goal 3 (SDG 3) – Good Health and Well-being, as
adopted and localized within the Indian context.. This paper explores the potential of
blockchain technology as a transformative tool in designing secure, transparent and efficient
employee welfare systems within Indian corporate settings. By leveraging blockchains inherent
features such as decentralization, immutability and smart contracts, organizations can enhance
the delivery, monitoring and accountability of welfare initiatives related to healthcare,
insurance, mental well-being and work-life balance. This conceptual study proposes a
blockchain-based framework that integrates HR functions with welfare programs to ensure
ethical data management, real-time access and equitable benefit distribution. The framework
is aimed at bridging existing gaps in corporate welfare mechanisms, while reinforcing
compliance with national labour standards and global sustainability goals. The findings provide
valuable insights for HR policymakers, technologists, and corporate leaders seeking to innovate
their welfare strategies in a digitally-driven and socially responsible manner.
Keywords: Blockchain, Employee Welfare, SDG 3, HRM, India