Chrono.Tech Raises $30M to Develop HR-Focused Blockchain Products
Australian startup Chrono.Tech raised over $30 million in the latest investment round, as stated in the company’s official press release. Chrono.Tech, the oldest Australian blockchain company specializing in innovative technological solutions for the human resources sector, has completed a $30 million funding round led by Australian venture-capital investor Mark Carnegie and a major European Family Office. The company founded by Sergei Sergienko in 2016 has a lineup of five employment-oriented services and products, such as job search, workforce management and crypto payroll services,....
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Chrono.Tech is turning many heads by its venture into disrupting the HR and recruitment industry. The team aims to leverage blockchain technology to streamline the many day-to-day processes in this segment. That vision has attracted over $30 million in funding, according to today’s press release. Chrono.Tech Spans Many Solutions Blockchain technology can, in theory, disrupt […]
PRESS RELEASE. Australian asset manager Mark Carnegie and a European Family Office have recently taken stakes in the company, totalling around $30 million, as Chrono’s ecosystem soared in activity and value over the course of 2021. The growth of the crypto market and blockchain sector has been nothing short of sensational over the course of 2020 and 2021, but Sydney blockchain company Chrono.Tech has enjoyed a particularly impressive run. Chrono’s suite of blockchain-based solutions for the HR and recruitment industry have attracted large numbers of new users as COVID-19....
Last week was a coming-out party for financial services firm Broadridge. While the New York investor tech provider had previously voiced an interest in blockchain, it began the week by investing millions in a deal that will find it acquiring new technology assets as part of a bid to develop client-focused distributed ledger services. Later, it hosted a blockchain-focused breakfast with 50 of its clients and technology partners including Credit Suisse and UBS. Broadridge's more aggressive moves in the blockchain space were preceded by internal testing and, more notably, investments in....
BTC Direct said it plans to use the funds to expand its workforce and develop new products, among other things.
IBM's new blockchain technology framework and cloud services focus on the security aspects of blockchain deployment for regulated industries, addressing any concerns regarding its integrity. IBM recently announced its new blockchain framework and cloud supporting services. The tech pioneer has been making some really good progress in the blockchain technology segment in the recent days. These new products are developed with the data safety in mind – so that whoever is adopting the blockchain framework to develop and deploy their own blockchain network over IBM’s cloud services, could be....