Blockchain project Chronobank announced on Sunday it has officially joined national Australia Fintech Industry Association, also known as Fintech Australia.
FinTech Australia, which was founded in October 2015, has more than 70 startups, venture capital funds, hubs, and accelerators throughout Australia that specialize in fintech that are members. The not for profit organization revealed:
“Our key objectives are to support and connect the Australian FinTech community, build awareness and trust in FinTech startups and to advocate for better policy on behalf of our members.”
Chronobank stated:
“Fintech Australia is the voice for fintech innovation in Australia and added it vigorously pursue industry collaboration and an environment in which the country’s fintech startups may thrive.”
Chronobank describes itself as a wide-ranging blockchain project aimed at disrupting the HR/recruitment and finance industries, much like how Uber disrupted the taxi business and UpWork represented an evolution in freelancing.
“Despite soaring interest in distributed ledger technology, there are currently very few blockchain apps poised for mainstream market adoption. ChronoBank.io has been designed by a consortium of professionals with over 100 years of combined recruitment experience, in consultation with experts who can create the software to leverage blockchain technology to solve real-world business problems.”