Category Archives: Blockchain Uses
bitJob Teams up with the Dutch Government Blockchain Program to Enrich Students Résumés with a Crypto Flair
After raising $2.7M on its ICO in 2017, bitJob, the company that reshapes the way students make a living, teams up with the Dutch government blockchain program to deploy a pilot in the Netherlands
Tel Aviv, Israel, February 2017– bitJob, the P2P marketplace that connects students and businesses, is announcing today its partnership with the Blockchain projects division inside the Dutch government, to deploy its pilot project in Holland. The marketplace, developed by bitJob, bridges the gap between businesses and students by enabling both sides to offer/look for employment with a technology that promotes honesty, immediacy and robustness.
Founded by three childhood friends in Israel, bitJob enables students to utilize their free time to earn a fast and stable income, a benefit that they didn’t have few years ago. In addition, the website will reshape the recruitment process that HR departments are going through by relying on validated evidence of their demonstrated abilities, rather on their Linkedin profile or traditional CV.
The idea behind bitJob emerged when the executives were university students. Like many students, they were struggling to find sufficient time during their studies to earn a significant income. After graduation, they were faced with a problem that hasn’t been appropriately addressed: students finish their academic degrees and begin their careers without any practical experience. As executives, they have encountered with the pain from the employer’s side: employers take great amount of risks when securing the services of a new employee; The absorption of the new employee in the company, training, assimilation, overhead costs, equipment, etc., are vast – as the employee can give a heads-up and just quit his job.
Employment in the “adult world” has a coherent problem of supply and demand; students lack professional opportunities from the businesses side, and are discouraged from searching for high level jobs that prepare them post graduation. Current job platforms direct students to jobs that aren’t related to their experience or field of study.
By integrating blockchain into the marketplace, bitJob hosts a variety of features including:
- Decentralized Job Market – Members can engage in a direct hiring or bidding process through rules set by both the platform and the participants.
- Decentralized Payment System – The platform will issue payments through PayPal, using cryptocurrencies to measure the value of the service in order to minimize fees by eliminating banks and money exchange services.
- P2P Lending and Scholarships – The businesses and firms collaborating with bitJob, will offer the users with both financial services as student loans, that will allow both sides to build trust. The bonding between the firms and students will enable the blockchain based to minimize the gap for the next generation of talent-pool.
- Uniting 500 Million Students as a new consumer segment – Firms will be able to reach their millennial customers, on a global scale, with one click.
Users will register to the system and offer their services and availability to a personally customized job category based on the users past experience and professional abilities. The student will be actively building his reputation and enriching his dynamic portfolio which is connected to his/her own “name” site.
“The employment market is moving towards online jobs without the need for physical access to offices or factories. We love to call this era the Industrial Revolution 2.0”, says Dror Medalion, Co-Founder and CEO of bitJob. “Working with the Dutch government organization that is in charge of the Blockchain project will help us deploy our pilot project in Holland, enabling students to find employment and transact with small/big businesses across the nation.”
Vehicle Lifecycle Blockchain (VLB) Leverages Blockchain Technology to Bring Transparency and Trust To The Automotive Industry
VLB offers full access to the data and history of a car’s life cycle, making interactions between businesses and individuals seamless and cost efficient
MOSCOW, January 2018 — The creators of CarFix, the maintenance and repair platform already used by 250,000 users, including 10 of the largest spare parts distributors in Eastern Europe and 500 repair shops, are now introducing VLB (Vehicle Lifecycle Blockchain). In an industry overwhelmed by rapidly antiquated back-office solutions, VLB embraces leading blockchain technology to shake up the $1.8 trillion annual turnover in the auto industry and offer businesses and consumers full transparency in the market, resulting in reduced costs and more streamlined services.
Imagine the steps you go through when needing to rent a car. The process takes up time for both you and the rental company in order to confirm your identity and assess if you are qualified. Usually there are high premiums associated with age, which isn’t an accurate portrayal of who you are as a driver. With VLB users can skip all the tedious paperwork and give the rental companies instant access to their history through the VLB data system. It does all the work in finding and keeping track of all the necessary information associated with the lifecycle of a car and it’s driver. In turn this will more accurately reflect rental costs, insurance costs, and all other costs associated with this process. Easily renting a car is only one of the many ways VLB’s blockchain technology will be able to modernize the automobile industry. The platform incorporates ride-sharing service providers, car manufacturers, spare parts suppliers, insurance agencies, car dealers, and more. VLB is quickly and efficiently giving users access to relevant information, so that processes are simplified, resulting in cost-savings for businesses and everyday car owners.
VLB introduces a comprehensive decentralized registry where information about vehicle ownership, insurance history, repair and maintenance records are recorded and made transparent to both business owners and consumers in the auto industry. The system enables users to access and share relevant information, resulting in easy communication, overall efficiency, and cost-savings for all parties. In addition, the system provides accountability: awarding those who act faithfully and vice versa, allowing users to trust that their transactions between one another are authentic.
The modern day auto space is known to be one of the most innovative industries, creating the future of mobility and transportation including self-driving cars, flying vehicles, and more. VLB has recognized the need for updating the industry’s back-office functions to keep up with the rapidly changing market. The company’s mission is to disrupt the industry and create fair pricing, which will eventually trigger a trickle down effect on even ride sharing economies or auto logistics, with the use of VLB’s innovative technology.
“With the advancements of hardware within the automotive industry we saw a disconnect when it came to an advanced software,” said Oskar Hartmann, Co-founder of VLB. “VLB streamlines one of the most antiquated industries in the world when it comes to car services and transparency. We strongly believe that our blockchain technology can provide all those involved with a positive value and create significant clarity for users interacting with the automotive industry.”
Oskar Hartmann – Co-Founder
Vladimir Lupenko, Co-Founder
Paul Nazarov, Co-Founder
Vehicle Lifecycle Blockchain (VLB) is calculated to save a minimum of $35 billion per annum for automotive businesses worldwide. By using blockchain technology VLB is creating a single, cohesive ecosystem that is linking transactions and relationships between the automotive production, auto sales, insurance, auto finance and servicing industries and its users. Through the transparency it creates in the market, VLB increases business profit by rewarding efficiency, transparency, and quality, while discouraging price manipulation and market abuse.
Dejun Qian, Founder of BitSE, is on a new path with one of the most promising blockchain project for 2018
The south-east Asia tech influencer and thought leader has founded a new blockchain project that its goal is to establish a public blockchain that will break the bottlenecks of interoperability and scalability
Singapore, January 19th, 2018 — Fusion (http://fusion.org/), the project that is establishing an inclusive cryptofinance platform that will breaking the bottlenecks of interoperability and scalability in order to provide a full set of financial functions, is unveiling today its founding team, among them is Dejuan (DJ) Qian, Founder of BitSE, one of the earliest teams researching and developing blockchain technology.
Fusion, currently in stealth mode, is working on a solution for the scalability and usability problems within the various blockchain ecosystems, since current cryptocurrencies have only achieved limited functions of a complete cryptofinance ecosystem. With its solution, Fusion will allow all non-inherent blockchain assets to be a part of the chain, by tokenizing such off-chain assets as on-chain tokens and making them execute and transact within smart contracts.
Founded by DJ, BitSE is one of the earliest teams researching and developing blockchain technology, as the company has started its ASIC mining chip design at 2014, owning the earliest and largest mining centre in China. Since then, DJ and the team have launched two high profile blockchain projects: QTUM (https://qtum.org/en/) and VeChain (https://www.vechain.com/). In 2016, BitSE was selected as one of the “Top 10 FinTech Startups” and “The powerful blockchain infrastructure of the year”by Caishi China. DJ was selected as the ‘most Innovative CEO of that year for ‘Jiepu Prize’.
“As one of the early adaptors, I’m excited to see how 2017 brought the blockchain technology to the mainstream financial conversation,” says, DJ Qian, Founder at Fusion. “2018 is the right time to start looking at the scene as being mature enough and recognized enough to start thinking about the next steps, one of them: how to bring non-inherent blockchain assets to the chain, and that’s exactly what we’re planning to do.”
Founded in 2017, Fusion provides an inclusive solution for integrating cryptocurrencies that exist today and ones that will be issued in the future by connecting centralized and decentralized organizations, balancing authentication and anonymity, and integrating both on-chain and off-chain data. Fusion utilizes distributed network nodes to control various types of tokens’ private keys, and establishes a control and management layer on top of different types of blockchains.
Veritaseum Update: Live Impromptu VeADIR Demo, N. American Bitcoin Conference
Source: Reggie Middleton
The Cryptoverse Update: Chris Coney Explains EOS In The Upcoming Movie “New Kids On The Blockchain”
Source: The Cryptoverse
Brian Phobos Update: EOS Deep Dive – King Crypto In 2018?
Source: Brian Phobos
Vincent Briatore Update: Caviar.io Crypto meets Real Estate
Source: Vincent Briatore
BLOCK.ONE and TOMORROW BLOCKCHAIN OPPORTUNITIES announce formation of EOS.IO Blockchain Focused Fund
DENVER, CO – JANUARY 16, 2018 – BLOCK.ONE today announced with TOMORROW BLOCKCHAIN OPPORTUNITIES (“TomorrowBC”) the creation of a fund to exclusively invest in opportunities leveraging EOS.IO software. This is the first announcement for BLOCK.ONE’s EOS VC partnership program to stimulate EOS.IO innovation. TomorrowBC aims to invest in trailblazing entrepreneurs and companies looking to shape our future utilizing new technologies, like the EOS.IO blockchain open source software.
Derek Rundell, a managing partner of Eric Schmidt’s venture firm, TomorrowVentures, is the Managing Partner of TomorrowBC. Rundell said he is “excited to draw on the knowledge, relationships, and experience that helped make TomorrowVentures a success.”
With a $50mm initial close, seeded by BLOCK.ONE, TomorrowBC is poised to take advantage of companies reshaping many traditional and emerging industries.
When asked about the potential of the new disruptive technologies on the future, Schmidt said, “The possibilities created by these new technologies are going to be monumental. I am excited to see where the pioneers of these new emerging technologies can take us.”
Brendan Blumer, CEO of BLOCK.ONE, echoed Schmidt’s sentiments, “We are excited to work with an established and experienced team that is focused on developing disruptive companies and technology. The open source EOS.IO software fundamentally enables new community driven business models capable of disrupting the largest incumbents across all major sectors, and BLOCK.ONE will be heavily investing in this future.”
BLOCK.ONE is a leading developer of technology solutions including blockchain software development. With employees and advisors based around the world, the company focuses on business-grade technology solutions, including the development of the EOS.IO software. For more information visit BLOCK.ONE.
ABOUT TOMORROW BLOCKCHAIN OPPORTUNITIES (“TomorrowBC”).
TomorrowBC is a venture capital firm focused on opportunities that utilize blockchain technology to enhance the way we live, work, and play. For more information visit www.TomorrowBC.com.
EOS VC enquiries: firstname.lastname@example.org
Media enquiries: email@example.com