Bitcoin News and Finance
Jobchain Optimizes Job Search and Salary Payment With Cryptocurrency Skip to main content

Jobchain Optimizes Job Search and Salary Payment With Cryptocurrency

Jobchain Optimizes Job Search and Salary Payment With Cryptocurrency

Famous Spain-based project Jobchain has developed an intuitive blockchain solution that allows employers to search for talents and pay employees with cryptocurrency, thus saving valuable time. And some of the major enterprises have already experienced the practice’s benefits in real-world scenarios.

The Goal of Jobchain

There is nothing more appealing to crypto proponents than accessing more crypto income-generating products. Hence, the emergence of Jobchain has found a strong following amidst surging demand for digital assets. The ecosystem proposes radical solutions to the global unemployment and underemployment crises and enables a blockchain platform where employers and potential employees can network.

For Jobchain, the goal is simple: Get as many people to participate in a decentralized job economy powered by blockchain. The platform looks to remove all forms of barriers and offer job seekers added protection against a rigged and centralized system.

But the most notable detail about this project is probably how it strips away cross-border restrictions for job-seekers. According to Jose Bay, the founder and CEO of Jobchain, job seekers only have to submit their details, including experience and education, in a decentralized database insusceptible to hacks. Profiles are readily available to potential employers who could choose to sort talents according to availability, location, and compensation level.

JOB

Since Jobchain’s offering is deeply rooted in the ethos of blockchain and decentralization, it also allows receiving remunerations in cryptocurrency. Therefore, Jobchain is not only empowering employees to evade the pitfalls of bureaucracy, but it also offers a financial product innovative enough to shield them against financial restrictions. With JOB, the platform’s native token, employees can receive their salary from anywhere in the world. A similar initiative was introduced earlier this year in Miami, where city employees can receive part or all their compensation in Bitcoin.

Already, significant enterprises have begun to test the viability of this unconventional salary payment solution powered by JOB tokens. One bright example is Spanish league footballers who will start receiving salaries with JOB shortly. There is also a surge in the number of major corporate profiles onboarded on the Jobchain network.

Jobchain believes that crypto payments solve recurring issues encountered when processing paychecks. This alternative payment infrastructure makes fast settlement a possibility. Instead of waiting for days to confirm payments, JOB allows instant settlement at no additional cost.

There is also the possibility of bypassing the overhead cost of paying a workforce spread across multiple countries. Thus, Jobchain optimizes payment processes and offers exposure to an unlimited pool of talents.

Acknowledging that not everyone is comfortable holding cryptocurrency and maintaining a wallet, the project has introduced ways by which people can receive JOB tokens via conventional forms: there already appeared a new option of paying JOB tokens into prepaid Visa cards. With this option, cardholders can use JOB tokens as a payment method anytime anywhere where Visa is supported. You just need to come and see.

Curious to learn more? Stay tuned!

Twitter: https://twitter.com/jobchain

Telegram: https://t.me/Jobchain

Reddit: https://www.reddit.com/r/Jobchain/

Facebook: https://www.facebook.com/Jobchain/

Instagram: https://www.instagram.com/jobchain/

Medium: https://medium.com/jobchain

Discord: https://discord.gg/jb6rFgE

This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory