Freelancers and Contract Workers to Soon Benefit from a Blockchain Powered Recruitment Platform
Freelancers and Contract Workers to Soon Benefit from a Blockchain Powered Recruitment Platform Bitcoin has been a game changer in the banking and financial sector. The digital currency and its underlying technology have already proven that it can increase the efficiency of the financial industry while cutting down costs. Now, the very technology is made available to the freelancers and contract workers by ChronoBank. With more people looking for challenging, out-of-the-box jobs with flexible work hours, the short term job market has turned highly competitive for the potential employees.....
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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 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....
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....
Bitcoin is a very powerful tool to bring more financial freedom to people all over the world. One of the key groups of workers who could benefit from Bitcoin is freelancers. Dealing with different employers and different contracts is a big hassle, so the least a freelancer wants is to accept a uniform payment method that works all over the world. Despite best efforts by traditional finance, they are no match for Bitcoin in this regard. The Rise of Freelancers In Ukraine And Beyond. Ukraine is one of the countries in the world where freelancers are quite easy to come by. Unlike most....
Recently, ChronoBank announced that it has been working on LaborX exchange, a Blockchain-based initiative that is aiming to disrupt the short-term recruitment sector in the same way that Uber revolutionized the taxi business by enabling direct connection between employers and workers. Through LaborX exchange, buyers and sellers of work can trade skills for time and money. The system is built on Ethereum’s platform enabling smart contracts, allowing workers and businesses to connect on a peer-to-peer basis. Alexander Rugaev, chief marketing officer, says: “The recruitment industry is....