ChronoBank to launch revolutionary LaborX exchange

The recruitment industry is broken, with intermediaries charging high fees to introduce suitable employees to businesses seeking to fill vacancies. Whilst this is generally accepted as the price of doing business for long-term appointments, it can be prohibitively expensive for contract or freelance work. Organisations can spend more time and money securing an employee than they do on the work itself. ChronoBank, a blockchain initiative backed by major Australian labour hire company Edway, is seeking to revolutionise the short-term recruitment sector by creating decentralised mechanisms for employers to access and rank prospective employees. The LaborX exchange, which is built on Ethereum’s smart contracts platform, will enable workers and businesses to connect...

Imperial College London and Blockchain Starts Digital Asset Research Lab

Imperial College London and Blockchain Starts Digital Asset Research Lab

The blockchain is slated to be the future of technology, irrespective of the industry segment. As more industries continue to explore the distributed ledger technology for their operations, the educational institutions are also preparing themselves for the said technological shift. The renowned Imperial College London has taken a step in that direction by starting the Digital Asset Research Lab. The Imperial College’s Digital Asset Research Lab is set up in collaboration with Blockchain, the Bitcoin wallet and block explorer service provider, and the developer of distributed ledger applications. Activities of the newly established lab are expected to receive funding through the existing 3-year partnership between Blockchain and Imperial’s Center for...

Creditbit Announces Roadmap for Its Software Management Project

Creditbit is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code. Creditbit recently announced the second phase of development following the launch of its second roadmap. As a part of Credit 2.0, Creditbit will be implemented as an Ethereum token (smart contract) on Ethereum platform. In a bid to be more than just another cryptocurrency on the block, Creditbit is planned to have some custom, decentralized functionalities, which befits the new era of blockchain technology. According...

Users at the Centre of Creditbit’s Second Stage of Development

Creditbit has stepped up its game with the second phase of development, which it has named Credit 2.0. Under Credit 2.0, Creditbit is to include some custom, decentralized functionalities, which befits the new era of blockchain technology. What sets Creditbit apart from the counterparts is that it wants the entire project to be developed and planned around its users as they firmly believe that the hearth of crypto is its community. To make the project a success, they want to involve their users into its every aspect. They are keen on seeking ideas from the Creditbit community and also their opinions on what should be implemented. Creditbit is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the...

Legal nationality beyond national boundaries and the role of blockchain. Estonian project case study 

Estonia, well-known by its electronic legal nationality project, is light years away from other countries in digitalization and business convenience area. Well, e-Residency project allows everyone anywhere on the planet to register a company, pay taxes and conduct document management in Estonia. On March 9 at Blockchain & Bitcoin Conference Tallinn, Kaspar Korjus, e-Residency Managing Director, will tell about operating principles of the project and blockchain technology implementation in its infrastructure. At 29 years old, the expert is listed as #1 on the Forbes Estonia’s 30 under 30 in Technology and Finance category. Megan Smith, Google ex-vice-president, qualifies him as one of 20 global digital technology leaders. Within Tallinn conference, Kaspar...