Artificial Intelligence & Human Resources
Ecosystem Partnership Announcement — SingularityNET and Chrono.tech Enter Mutual Collaboration
SingularityNET and Chrono.tech join forces to help connect employers with candidates with AI
SingularityNET is delighted to announce a new partnership agreement with Chrono.tech, a fintech company leading the way in blockchain-based human resources solutions for businesses and employees alike.
The goal of this partnership is to collaborate on the development of AI-powered services to facilitate matchmaking between job offers and job seekers in Chrono.tech’s LaborX platform — a global recruitment platform that connects individuals with work opportunities, wherever they are based in the world, and enables them to get paid in crypto.
By integrating SingularityNET’s AI solutions, Chrono.tech aims to filter out and favor the best potential matches and make the selection process more efficient and inclusive. In addition, hiring managers can significantly reduce their recruitment workloads through automation, thereby streamlining candidate screening and selection processes. A machine learning algorithm can provide pinpoint precision when sifting through talent pools and matching candidates with employer requirements using customized search parameters. Perhaps the most important advantage is that these advanced AI solutions can neutralize screening bias, expand candidate sources, and enhance the recruitment experience overall
Moreover, all developed solutions and services will become available on SingularityNET’s decentralized AI marketplace to relevant third parties that wish to acquire and apply them on their own platform.
SingularityNET’s unparalleled expertise in artificial intelligence system development was a critical factor in the realization of this partnership. SingularityNET will define and develop tailored AI-based solutions that streamline the hiring process by optimizing matchmaking and filtering between candidates and positions. This will provide a curated shortlist to recruiters with the most suitable candidates for further exploration.
The collaboration will be mutually beneficial, as Chrono.tech will be able to implement state-of-the-art systems that improve efficiency and effectiveness for their LaborX users and customers. Meanwhile, SingularityNET will have the exciting opportunity to leverage recent AI advancements to develop applicable solutions that solve real-world problems throughout the globe.
About Chrono.tech and LaborX
Chrono.tech is building a comprehensive ecosystem for human resources and finance, helping reduce or eliminate the barriers to recruitment and payment processes for both workers and employers.
LaborX is Chrono.tech’s flagship product, a smart contract-powered freelancer platform that enables anyone, anywhere in the world to connect, organize work, interact on a peer-to-peer basis and receive payments in cryptocurrencies. LaborX has seen its user base grow to over 42,000 freelancers and almost 5,000 customers, as demand for digital currencies and flexible employment have both soared over the course of the pandemic.
About SingularityNET
SingularityNET is a full-stack AI solution powered by a decentralized protocol and the first and only decentralized platform allowing AIs to cooperate and coordinate at scale, removing one of the major limiting factors to AI growth today — the lack of interoperability — which severely restricts the ability to leverage the strengths and capabilities of individual AIs.
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