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ChronoBank Launches New Cryptocurrency Based Recruitment Website While Preparing for December ICO

Bitcoin Press Release: Time-based cryptocurrency initiative ChronoBank has launched its new website, aiming to increase awareness for its coming multi-blockchain ICO.

November 1, 2016, Sydney Australia &#8211 ChronoBank.io, a blockchain task that aims to revolutionize the brief-phrase recruitment sector in the very same way that Uber transformed the taxi sector, has launched a new web site as the initial stage of its crowdfunding campaign involving time-based cryptocurrency.

The idea of time-based mostly currencies has been close to for nearly 200 many years and hundreds of time-banking institutions at the moment operate close to the globe. Even so, the ChronoBank group with its comprehensive expertise in the two the recruitment industry and cryptocurrency sector believes that the concept can be up to date to alter the way specialists look for function and organizations provide it.

Classic Time-banking vs ChronoBank

Time-banking has typically confirmed profitable inside of restricted settings – most notably Ithaca, New York which has a thriving time-based economic system constructed on the Ithaca Hour time currency. Nevertheless, for a variety of reasons, it is not suited to a broader application inside of the 21st-century worldwide workplace.

“We know we can alter that with blockchain technology,”

Comments Alexander Rugaev, ChronoBank CEO. He additional,

“We want to make brief phrase recruitments as rewarding and prestigious as extended term recruitments. 1 of our founders is Edway Group Ltd, one of the biggest labour-retain the services of businesses in Australia, so we know specifically what the marketplace demands and how to obtain it,”

The important component of ChronoBank’s thought is the time-based cryptocurrency, which is fundamentally a various form of money. Time-based money has a distinct tax status compared to regular fiat income, and it can be exchanged for products and services, or sold for other currencies.

“Labor Hour tokens are also a great store of value and hedge against inflation considering that hourly wages tend to rise in line with or over inflation. That can make it attractive to earn and eye-catching to hold.”

Making Awareness

The initial stage of the venture is to develop and expand a presence inside of the cryptocurrency community, disseminating data and answering inquiries that could arise, prior to launching the crowdfund in December.

“Over the coming month, we’ll be creating awareness, not just about ChronoBank and its crowdfund but much more broadly about the notion and advantages of time-based currencies. We want people to comprehend that we’re severe, we’re seasoned in blockchain and the recruitment sectors, and we have the talent and backing to make this take place in a big way,”

Continues Rugaev.

“We’re going to hold the crowdfund and problem Labour Hours on a number of blockchain platforms, such as Ethereum, Traditional, Waves, Lisk, and Bitcoin based on demand.”

ChronoBank&#8217s crowdfunding campaign is scheduled to start off in December. Interested traders can register themselves for the ICO and achieve even more details about the platform’s roadmap and ICO functions on the brand new ChronoBank site.

About ChronoBank

ChronoBank is an ambitious and broad-ranging blockchain project aimed at disrupting the HR/recruitment/finance industries in a way comparable to that of Uber in taxi organization and UpWork in freelancing. The project has Edway Group Ltd, a leading Australian industrial coaching and labor provide organization as one of its founders.

Learn more about ChronoBank at &#8211 https://chronobank.io

Understand a lot more about Edway Group Ltd right here &#8211 http://edwaygroup.com.au

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Media Contact

Make contact with Title: Alexander Rugaev
Make contact with Email: alex@chronobank.io
Place: Sydney, Australia

ChronoBank.io is the source of this material. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to buyer protections. This press release is for informational functions only. The information does not constitute investment advice or an offer to invest.

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