Australia based blockchain initiative Chronobank.io has received $4m in cryptocurrency crowdfunding with a week remaining in its funding period. ChronoBank.io is an ambitious and wide-ranging blockchain project aimed at disrupting the HR/recruitment/finance industries in a similar way to how Uber disrupted the taxi business and UpWork represented an evolution in freelancing.
ChronoBank has established a strategic partnership with Instahire, a team that is launching an app to expedite the recruitment process. Instahire is associated with the Clifford Wallace Agency, which supplies hospitality staffing to corporate events and restaurants and receives around 1,000 job applications per month. ChronoBank’s team met with representatives from Instahire last week to discuss the possibility of a partnership between the two organisations. They say that both immediately saw the potential opportunities.