Home Entrepreneur Jobchain seeks to improve global jobs through the "JOB" cryptocurrency

Jobchain seeks to improve global jobs through the “JOB” cryptocurrency


April 14, 2021

6 minutes of reading

This story originally appeared on ValueWalk

Industries around the world are improving production methods to meet ever-increasing demand. More and more recruiters are starting to introduce cryptocurrency as a method of payment or remuneration for employees. With these advances swept across the various lucrative industries, the founder of Jobchain®Jose Bay has shared support in the standardization of cryptocurrencies as a means of paying employees’ salaries. The use of digital currencies and online platforms like Jobchain® could create equal employment opportunities for thousands of people in remote regions around the globe.

What is Jobchain and where does it start?

Founder and CEO, Jose Bay spent years traveling abroad as an Officer of the International Atomic Energy Agency and soon saw a new life in the use of cryptocurrencies. This platform has revolutionized the digital era since its inception in 2019. The platform has received numerous awards and is internationally recognized as one of the best blockchain conglomerates out there. world. Jobchain has become one of the first platforms in the world that allows people, from all over the world to find WORK.

Using these platforms will enable job seekers to:

  • Have more freedom and security over monthly transactions, away from a centralized institution ie banking;
  • Create equal opportunities for about 1.7 billion people worldwide without bank accounts and social security;
  • Eliminate and decentralize employers and employees from third party banks and financial institutions to improve efficiency and reduce transaction costs.

Jobchain is a future thinking method that gives millions of people a chance to become active users of cryptocurrencies. Furthermore, the launch of its own native cryptocurrency, JOB, added attraction for the standardization of cryptocurrencies in the workplace and offered employers a viable financial solution that would only growing more in the coming years.

Why use job instead of traditional cash?

The integration between Jobchain and its JOB currency has allowed for streamlining the monthly salary of employees. JOB is a reliable cryptocurrency that has seen a huge increase in value throughout the year 2020. Moreover, Jobchain and JOB have minimized the losses caused by national government and centralized banks, for allow them to remain in value without facing the risk of being stolen, degrading and can be used anywhere in the world.

JOB coins are currently the right solution for many, offering instant payments to the Jobchain® Wallet or even to a physical hardware wallet like the Ledger Nano x. The development that Jobchain and JOB have gone through has seen the introduction of alternative payment methods like Bitsa, Bitnovo or Prepaid Visa Card.

There’s no real limit to what you can and can’t do with your JOB currency. While thousands of stores and retailers around the world are rapidly finding new ways to incorporate the use of cryptocurrencies, JOB coins can be easily exchanged at crypto ATMs.

JOB has allowed to use and introduce:

  • A multi-layered security and efficiency feature for cryptocurrencies;
  • Offers a variety of transaction methods without depending on third-party entities;
  • Launched to recommend receiving cryptocurrency as your monthly salary;
  • The blockchain system works 24/7, giving employers and employees faster access to their payments;
  • Nearly unlimited methods of transaction worldwide;
  • Eliminate the registration of bank accounts and social security.

Why is this an important moment for cryptocurrencies in the job market

Institutional investors like Tesla and others soon turned to cryptocurrencies. Employees have been left behind. Jobchain is actually the first movement to solve this problem. Its team spent years coming up with a solution that could be used by anyone, from anywhere in the world. The company mentioned that the use of blockchain gives people in the workplace a platform on which they can execute thousands of transactions, digitally and efficiently.

Following the trend of coins and cryptocurrencies like Bitcoin, these coins have become extremely reliable and even more valuable. The use of traditional money has become too volatile, as national and international relationships and commercial transactions can affect its overall value.

Jobchain offers a digital solution that records many transactions through its blockchain. This platform provides a more affordable approach for both employers and employees. Solutions like these give industries a better understanding of how quickly the modern workforce is changing. Setting up the Jobchain platform is also pretty easy, just add your personal information, education history, and work experience in your Wallet Application.

Jobseekers will be able to review thousands of job profiles, filter searches through availability, location, salary, and scores. Employers will now also have more access to the right candidates, view their profiles and conduct interviews with potential employees. Using Jobchain makes it much easier to locate and pay employees, allowing employers to create equal employment opportunities.

How do I pay with JOB Coins?

As mentioned before, JOB coins can be shared and traded across multiple platforms. Understandably, new users of cryptocurrencies will be confused about how to pay with cryptocurrencies, but Jobchain and JOB coin make it a lot easier.

Using your Jobchain Wallet or another cryptocurrency wallet, you can consider many different sellers in your area or online that accept cryptocurrencies as an alternative payment method. Using the merchant’s crypto address, you can enter these details into the space provided in your wallet. Enter the amount you want to use or trade and hit “send”. Alternatively, you can also use a Bitsa or Bitnovo card.

The team at Jobchain® is positive that the upcoming recruiters will favor the use of cryptocurrencies as a monthly payment method. Jobchain’s native cryptocurrency JOB has undergone a number of major improvements in recent months, and by 2020 it is one of the few cryptocurrencies that gained the most value during the pandemic. These methods can give millions of employees an equal opportunity to find jobs, receive secure payments, and understand the value of cryptocurrencies in an emerging economy.

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