ChronoBank Set to Revolutionize Short-term Recruitment Sector
ChronoBank.io is an ambitious and wide-ranging blockchain project aimed to revolutionize the short-term recruitment sector. It strives to disrupt the HR/recruitment/finance industries in a way similar to that of Uber in taxi business and UpWork in freelancing. The project has Edway Group Ltd, a leading Australian industrial training and labor supply company as one of its founders. ChronoBank is an evolution of timebanking. Timebanking is a well-established idea that allows participants to swap an hour of work for a time credit, which can then be used to buy labour or other facilities from....
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ChronoBank, the time-based cryptocurrency platform for short-term recruitment now has a new website as it kickstarts awareness drive before the upcoming ICO. An Australian startup has decided to offer blockchain based solution for the recruitment industry. The distributed ledger platform, ChronoBank is built around a time-based cryptocurrency, and is set to revolutionize the HR, recruitment, and financial industries. ChronoBank considers itself as an equivalent of Uber in taxi business and Upwork in freelancing when it comes to disruption of the recruitment industry. Based on a well-known....
ChronoBank.io is an ambitious and wide-ranging blockchain project aimed to revolutionize the short-term recruitment sector. ChronoBank achieved and surpassed its goal of 500 BTC in the first day of its ICO. It has already amassed over $2 million in all sorts of cryptocurrency including almost 1000 BTC, 20,000 ETH and over 165,000 WAV, within the first six days of the ICO. The company is now steadily moving towards the “accelerated development” goals. ChronoBank.io is an ambitious and wide-ranging blockchain project aimed to revolutionize the short-term recruitment sector. It strives to....
ChronoBank, the Australian cryptocurrency platform has now created a decentralized global recruitment network powered by time-based cryptocurrency. Labor, whether it is white collared or blue collared is measured in terms of man-hours. However, the remuneration for employees in most of the cases is offered in fiat currency. The increasing popularity of cryptocurrencies, especially Bitcoin has opened up another mode of value transfer. ChronoBank, the Australian cryptocurrency platform has now created a decentralized global recruitment network powered by time-based cryptocurrency. The....
ChronoBank is an up-and-coming company that seeks to disrupt the recruitment sector just as Uber and Lyft have disrupted and reinvented the ride-for-hire business. ChronoBank wants to decentralize and disintermediate recruitment by creating a P2P marketplace connecting employers with freelancers. “[We] want to create a revolution in short-term recruitment within key professions,” states the company’s website. “Our goal is to make a difference to the way people find work and are rewarded for their labour — doing so within a decentralized framework and without the involvement of traditional....
ChronoBank.io, a blockchain project seeking to create an alternative labor economy based on time-based cryptocurrency has launched a new website, chronobank.io, and announced a December crowdfunding campaign. ChronoBank hopes to revolutionize the short-term recruitment industry the way Uber changed the taxi industry, according to a press release. It seeks to create blockchain-based labor hour tokens and a decentralized marketplace where people will sell labor time. With experience in both the recruitment industry and cryptocurrency, ChronoBank believes the time-based currency concept can....