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Jobchain tries to enhance world employment by cryptocurrency "JOB"

14, 2021

6 min read

This story originally appeared on ValueWalk

Industries around the world are improving their modes of production to meet increasing demand. A growing number of employers have started adopting cryptocurrency as a payment or compensation method for employees. With these advances spanning various lucrative industries, is the founder of Jobchain®Jose Bay has shared support in standardizing crypto as a means of paying employees. The use of digital currencies and online platforms like Jobchain® could result in equalizing job opportunities for thousands of people in remote areas around the world.

What is Jobchain and where did it start?

Founder and CEO Jose Bay traveled abroad for years as an officer in the International Atomic Energy Agency and soon saw a new life in the use of cryptocurrency. The platform has revolutionized a digital age since it was founded in 2019. The platform has already won several awards and is internationally recognized as one of the best blockchain companies in the world. Jobchain has become one of the first platforms in the world that anyone can find anywhere in the world Jobs.

By using these platforms, job seekers can:

Have more freedom and security for monthly transactions, away from a central unit, i.e. H. A bank;
Enables equal opportunities for around 1.7 billion people in the world without access to bank accounts and social security;
Eliminate and decentralize employers and workers from third party banks and finance companies to improve efficiency and reduce transaction costs.

Jobchain is a future-oriented method that offers millions of people the opportunity to become active users of cryptocurrency. In addition, the introduction of its own native cryptocurrency JOB has made the standardization of crypto in the workplace more important and offers employers a viable financial solution that will only grow faster in the years to come.

Why use JOB instead of traditional cash?

By integrating the Jobchain and its currency JOB, the paying employees could be tightened every month. JOB is a trustworthy crypto whose value has increased massively over the course of 2020. In addition, Jobchain and JOBs have mitigated the damage caused by national governments and centralized banks, allowing them to continue adding value without facing the risk of theft. diminishing in value and can be used anywhere in the world.

JOB coins are now a viable solution for many people, offering instant payments into a Jobchain® wallet or even a physical hardware wallet like Ledger Nano x. With the growth of Jobchain and JOB, alternative payment methods such as Bitsa, Bitnovo or a prepaid Visa card were introduced.

There are no real restrictions on what you can and can't do with your JOB currency. While thousands of stores and retailers around the world are quickly looking for new ways to incorporate the use of crypto, JOB coins can be easily exchanged at ATMs using cryptocurrency.

JOB has the use and introduction of:

A multi-layered security and efficiency function for the cryptocurrency;
Offer multiple transaction methods without reliance on third party companies.
Prior to the introduction of receiving crypto as a monthly salary;
Blockchain systems work around the clock, giving employers and employees faster access to their payments.
Virtually unlimited transaction methods around the world;
Elimination of bank account registration and social security.

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

Institutional investors like Tesla and others opted for crypto early on. Employees were left behind. Jobchain is really the first movement to address this issue. The team has worked for years to create a solution that can be used by anyone around the world. The company mentions that the use of blockchain provides employees in the workplace with a platform where they can conduct thousands of transactions digitally and effectively.

Following the trend of coins and cryptocurrencies like Bitcoin, these currencies have become extremely reliable and, above all, valuable. The use of traditional money has become too unstable as national and international relationships and trade deals can affect its overall value.

Jobchain offers a digital solution that has recorded multiple transactions through its blockchain. The platform offers a streamlined approach to both employers and employees. Solutions like these give the industry a better way to understand how the modern workforce is changing rapidly. Setting up the jobchain platform is also pretty easy. Just add your personal information, educational history and work experience to your wallet application.

Job seekers can review thousands of job profiles and filter searches based on availability, location, salary and score. Employers now also have more access to suitable candidates, can view their profiles and conduct interviews with potential employees. The use of jobchain makes it much easier to find and pay employees and enables employers to create equal employment opportunities.

How do I pay with JOB coins?

As mentioned earlier, JOB coins can be shared and transacted across multiple platforms. Understandably, new cryptocurrency users feel confused about how to pay with crypto, but Jobchain and JOB coins make it a lot easier.

Using your Jobchain wallet or any other crypto wallet, you can search various merchants in your area or online for cryptocurrency as an alternative payment method. Using the merchant's cryptocurrency address, you can enter this information into the field in your wallet. Enter the amount you want to use or cash in and hit the "Submit" button. You can also use a Bitsa or Bitnovo card.

The Jobchain® team believes that aspiring employers would advocate the use of cryptocurrency as a method of making monthly payments. Jobchain's native crypto job has seen some massive improvements over the past few months. In 2020, it was one of the few cryptos that has appreciated the most in value over the course of the pandemic. These practices can provide equal opportunities for millions of employees to look for work, receive secure payments, and understand the value of cryptocurrency in an emerging economy.

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