NewsBTC Asks Sergei Sergienko from Edway about the ChronoBank Project
Edway Group's co-founder Sergei Sergienko explains the company's vision with the ChronoBank blockchain platform they have co-founded with other crypto-experts. The ChronoBank blockchain powered platform is on its way to disrupt the short-term recruitment market. As the Sydney, Australia based team works on the platform while preparing for the upcoming ICO. We decided to connect with one of the co-founders of ChronoBank, Edway Group Limited and ask them some questions about the platform and their vision for ChronoBank. For those who don’t know about Edway, it is one of the leading....
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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....
The recruitment market model is broken, slowed down by intermediaries and recruiters who in many cases are not adding much value. It is time-consuming and costly for organizations to identify and hire short-term talent. Is it a market ready for disruption? Cointelegraph caught up with Sergei Sergienko, CEO at ChronoBank, who is launching a next generation labor exchange platform (LaborX) built on Ethereum using smart contracts. CT: So how will it work? Sergei Sergienko: We are seeking to disrupt the short-term labour-hire sector, creating an exchange on which buyers and sellers can trade....
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, the blockchain initiative looking to trigger an alternative labor economy powered by time-based tokens has announced a partnership with Swiss cryptocurrency trading platform and wallet provider Lykke. With blockchain-labor hour tokens and LaborX, a decentralized marketplace where participants will be able to sell labor time, ChronoBank is charting a path toward disrupting the short-term recruitment sector. Speaking to CCN in a previous interview, ChronoBank CEO Sergei Sergienko stated: We designed a crypto-token that is based on something more valuable than all of the world’s....
The platform is backed by Australia’s leading labor hire company Edway Group Limited. ChronoBank is a wide-ranging blockchain project with the ambition to disrupt HR/recruitment/finance industries in a way similar to that of Uber in taxi business and UpWork in freelancing. The blockchain platform utilizing time-based cryptocurrency for short-term labor hire market, ChronoBank, is introducing LaborX exchange to connect workers and businesses on a peer-to-peer basis. The platform is backed by Australia’s leading labor hire company Edway Group Limited. The ChronoBank blockchain initiative....