ChronoBank Does Its Bit for the Much Needed Economic Revolution
The economic system across the world is highly centralized and has remained unchanged for years. This has given the governments and central banks complete control over it, snatching away the financial independence of the citizens without their knowledge. In addition, the problems with centralized financial systems became evident in the last decade during the Global Financial Crisis of 2007-08, causing a long term effect on the economies across the world. Even today, many countries across the world including few in the European Union are struggling to keep their economies afloat. It is not....
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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....
The initiative combines time-based cryptocurrency payments with the sharing economy to offer employers and freelancers easy access to each other. ChronoBank is set to launch their ICO with the aim of bringing a recruitment revolution. The initiative combines time-based cryptocurrency payments with the sharing economy to offer employers and freelancers easy access to each other. ChronoBank is an evolution of timebanking. Timebanking, as everybody knows, 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....
ChronoBank is a time-based cryptocurrency platform working on making short-term hiring a walk in the park. By the first quarter of 2018, the short-term recruitment sector will be revolutionized. Contract workers and freelancers will be using blockchain powered platform to find assignments and they will be receiving their payments in the form of cryptocurrency. The new revolution will be made possible by ChronoBank. ChronoBank is a time-based cryptocurrency platform working on making short-term hiring, a walk in the park. The distributed ledger technology based platform will be powered by....
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....
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....