A “Fix-All” Solution for Short-Term Hiring and Freelance Industry
ChronoBank, a blockchain-based platform is on its way to revolutionizing the industry by creating a new standard. The informal employment sector is full of options but lacks standardization. Recruiters have a tough time filtering through hundreds of profiles on various social network and freelance platforms, while looking for a short-term hire. At the same time, candidates have to compete with thousands of peers, irrespective of their experience; not to mention the hefty fees charged from both the employers and candidates by these platforms. ChronoBank, a blockchain-based platform is on....
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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 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....
The public advisory warned private firms to do their due diligence before hiring freelance workers, as North Koreans often use illicit tactics and stolen identities to hide their nationality. The United States Department of Justice, State and the Treasury issued a joint advisery warning against the influx of North Korean workers in various freelance tech jobs, especially in the crypto industryThe public advisory was released on Friday, highlighting the critical red flags and identifiers for private firms to avoid hiring North Korean workers. The U.S. agencies warned that these workers pose....
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.....
Bitwage, a payment solution that allows employees, freelancers and contractors to be paid in a variety of payment methods, has developed a solution to enable people seeking work to provide verified references, according to a blog by Jonathan Chester, Bitwage founder and president. The Bitwage payment verification solution, “My Employment” (M.E.) generates data about its users that allow them to build trust with potential customers, including information about their work history. M.E. provides an employee profile allowing the employee to integrate reputation information from clients they....