As Dubai powers its way to become the first Blockchain Capital of the world; Centurion, an investment and advisory firm, has launched ConnectJob, a decentralized app which allows users to pay for a range of services with cryptocurrencies.
Launched by His Highness Sheikh Hamdan, the recent Dubai International Blockchain Summit (DIBS) gathered several blockchain experts, developers, and enthusiasts. The collaboration between the Smart Dubai Office and the Dubai Future Foundation aimed at evaluating the latest technology innovations for delivering seamless, safe, efficient, and impactful city experiences.
“We need to help people to monetize their skills and to earn a decent living. ConnectJob was developed for this purpose. Its financial ecosystem is built around a token that will be used by both users and jobbers. This token is the easy part and obvious use of the blockchain. But our incredible protocol can be used for more than just a simple transaction relationship. We currently are working on the technology block that will allow us to store users and jobbers’ details in a decentralized way,” said Yoni Assouline, CEO, ConnectJob.
Using blockchain and leveraging the Etherum token, ConnectJob will allow its customers to exchange currency directly without relying on any third party. ConnectJob is currently in the second stage of its initial coin offering (ICO), and has already raised nearly USD 5.3 million in the process. Using advanced geolocation technology.
“We aim to bring the revolutionary service to the UAE, a country that has already shown its incredible appetite for the technology which will transform business by bringing unrivalled transparency and levels of service to the table. The recent launch of the 2020 Dubai Blockchain Strategy aims to save 25.1 million hours in productivity and AED 5.5 billion in paper document costs. We will continue to partner and bring more ICO companies to the region,” said Ali Kassab, MD, Centurion & Co.