ChronoBank, a decentralized initiative to disrupt the short-term recruitment industry, has partnered with Dbrain, a blockchain platform dedicated to collectively building AI apps. Dbrain’s AI platform will help ChronoBank create a fair and intelligent system to evaluate employees in the labor market.
ChronoBank is building a decentralized labor exchange for employees to find work and get paid for their efforts without the need for financial institutions. In such an ecosystem, the integrity of professional reputation is part of the social and economic capital. However, most employee evaluation websites contain irrelevant information. So ChronoBank needs a more reliable and smarter solution. It will use Dbrain to check worker productivity. Dbrain’s AI platform will provide intelligent comparisons between employees who are performing similar tasks. It will result in better and more reliable performance evaluation metrics.
“We want to create an employee evaluation system that everyone can trust. The integrity of the information presented is very important to us,” said ChronoBank’s CEO Sergey Sergienko. “We look forward to working with Dbrain to enhance the capabilities of our decentralized recruitment platform. With this partnership, we hope to develop a world-class employee evaluation system using the power of artificial intelligence.”
Dbrain makes AI more accessible to businesses by linking them directly with crowd workers from low-income countries who create datasets. Workers do simple tasks on data labeling and are paid instantly with crypto. Data scientists use the datasets to train neural networks and create AI apps. Businesses can use the existing solutions or request new ones from AI developers. This way Dbrain platform integrates AI app lifecycle into a single product that automates most of the human-in-the-loop workflow.
“Our solution is a great fit for what ChronoBank is trying to achieve,” said Dbrain’s CEO and co-founder Dmitry Matskevich. “We are thrilled to be part of ChronoBank’s vision to revolutionize the recruitment space. We will be working closely to develop the employee scoring system.”
Chronobank will use Dbrain’s AI platform to create a score for employee productivity. Dbrain will help evaluate employee information and train the neural networks to create the intelligence for scoring. It will result in a more trustworthy employee assessment metric than anything available on the market today. Employers in the ChronoBank labor exchange will be able to use this score to evaluate and hire workers with more confidence.
ChronoBank is a blockchain-based application that wants to disrupt the labor-hire industry. It uses the model of time-banking to monetize labor-hours on blockchains and create decentralized labor exchanges. ChronoBank ICO has raised $5.4 million. It has started implementing its LaborX exchange interface. For more information please visit https://chronobank.io/.
Dbrain is an open blockchain platform to collectively build AI apps. Dbrain links crowd workforce with data scientists to turn raw data into real-world AI solutions for businesses, creating a win-win situation for all participants in the AI market. After securing $2.5 million in seed funding, Dbrain has reached a significant milestone by releasing the alpha version of the platform, including a web application and a Telegram bot. For more information, please visit https://dbrain.io.