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...

Neufund Blockchain Fundraising Platform Receives $2.13 Million

Neufund Blockchain Fundraising Platform Receives $2.13 Million

A German blockchain-based fundraising platform, Neufund has successfully raised $2.13 million in seed fund. Investors participating in the fundraising round includes Atlantic Labs, Klaas Kersting and a group of undisclosed angel investors. Neufund is currently in the process of developing an investment platform where investors can fund startups against equity using cryptocurrencies. Once completed, the platform will be available for startups working in the cryptocurrency sector through Initial Coin Offerings (ICO). According to Neufund’s website, it is the first open venture capital fund. The platform is built on Ethereum blockchain, utilizing its smart contracts feature. The distributed organization issues crypto tokens representing the equity for startups...

Credibit Brings a New Era of Cryptocurrencies

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. With its apt focus on being more than any other cryptocurrency project, Creditbit plans to include custom, decentralized functionalities, which would befit the new era of blockchain technology. As of now, Credit 2.0 will be comprised of 4 core entities.  Creditbit – An ERC20 compliant token with a lot of attractive features added on top of it. CreditDao – A DAO on top of Ethereum, which will...

The Inevitable March of Techno-Anarchy

The Inevitable March of Techno-Anarchy

Techno-anarchism has existed for a long time, popularly imagined in books and movies in various (often unrealistic) forms. Traditionally more of a political practice than a belief, it is focused on utilizing technology to advance freedom, occasionally by active means such as hacktivism, but usually via peaceful methods such as Bitcoin. Guiding many of its practitioners, however, is a general theory about the innate nature of technology itself. While other anarchists are concerned about the degree to which technology is controlling our lives, these techno-anarchists understand that technology not only can promote freedom, but that it tends to do so. It is a powerful force in our society, and the effects can clearly be seen throughout history. In History Initially,...

Canada Goose May Soon Start Accepting Bitcoin

Canada Goose May Soon Start Accepting Bitcoin

Canada Goose, a popular Canadian clothing brand may soon start accepting Bitcoin payments. The company’s positive response to a request along those lines indicates its willingness to adopt the popular cryptocurrency. The Bitcoin community is growing at a rapid pace. As people continue to find ways to spend bitcoin, they have started urging their favorite brands and businesses to start accepting cryptocurrency payments. It will be foolish for the companies to ignore such requests, especially when it comes from a significant number of customers. It doesn’t take much for businesses like Canada Goose to start accepting Bitcoin payments. They can easily signup with cryptocurrency payment service providers like BitPay or wallet services like Coinbase and...