bitJob

Decentralized Employment Marketplace for Students and Employers

Business Software

Non Active, Jan 2024 ceased to operate

Company Overview

Snapshot

Founded in May 2016 by Aviad Gindi, Dror Medalion, and Elad Kofman, bitJob operated with 11–50 employees. The company ceased operations in January 2024, following its focus on a blockchain-based student economy.

Business overview

bitJob developed a blockchain-based platform designed to connect college students with global industry leaders for part-time employment. The company's core technology leveraged blockchain to enable students to gain experience relevant to their studies and receive immediate payment in fiat or cryptocurrency. It aimed to combine features of platforms like Fiverr and Upwork with blockchain, creating a semi-decentralized marketplace. bitJob operated within the Business Software sector, specifically focusing on Human Resources Management, and served the Education & Academia and Professionals & Gig Economy markets, targeting students, job seekers, and freelancers globally.

Strategic signal

In January 2019, bitJob launched its Social-Mining platform, aiming to address the global wage gap. This initiative signaled the company's strategic focus on leveraging blockchain technology to create social impact and expand its offerings beyond a direct employment marketplace, indicating an attempt to innovate within the HR technology space by integrating word-of-mouth referrals with blockchain.

Company Intelligence Q&A

What was bitJob's operational status as of January 2024?: As of January 2024, bitJob ceased to operate, transitioning to a non-active status.
When was bitJob founded and by whom?: bitJob was founded in May 2016 by Aviad Gindi, Dror Medalion, and Elad Kofman.
What was the purpose of bitJob's Social-Mining platform?: In January 2019, bitJob launched its Social-Mining platform with the aim of closing the world's wage gap by integrating blockchain technology with word-of-mouth referrals.
Did bitJob engage in any partnerships related to blockchain careers for students?: In September 2017, bitJob partnered with Matchpool to introduce students to careers within the blockchain space.
What was bitJob's engagement with the Dutch Government?: In February 2018, bitJob teamed with the Dutch Government for a pilot scheme scheduled for 2018.

External links

bitJob — full profile (machine-readable)

bitJob is building a blockchain-based student economy by connecting 500 million college students with global industry leaders. bitJob grants students part-time jobs relevant to their future careers and industry leaders access to the next generation of professionals. bitJob offers students experience relevant to their studies. The platform enables students to receive immediate payment (fiat money or cryptocurrency) for their abilities while sharpening their skills and enriching their dynamic resumes. Users' reputations and cumulative experience will be registered on bitJob's patent-pending Dynamic Portfolio Resume, which is intended for use by the labor market and future employers. bitJob combines the benefits of platforms such as Fiverr and Upwork with blockchain technology, creating a hybrid blockchain project with a semi-decentralized platform. It combines corporate social responsibility and good business by allowing corporations to invest in their future and the students' future careers. The bitJob team holds a right-protected code on Ethereum Smart Contracts.

Facts
Name	bitJob
One-liner	Decentralized Employment Marketplace for Students and Employers
Type	Startup
Primary sector	Business Software
Founded	2016
Employees	11-50
Employees (exact)	0
HQ / location	Tel Aviv-Yafo, Elifelet Street 26, Tel Aviv-Yafo, Israel, Center District
Product stage	Released
LinkedIn	https://www.linkedin.com/company/18013385
Crunchbase	bitjob
IL Registrar	560035537

Facts

Name

bitJob

One-liner

Decentralized Employment Marketplace for Students and Employers

Type

Startup

Primary sector

Business Software

Founded

2016

Employees

11-50

Employees (exact)

HQ / location

Tel Aviv-Yafo, Elifelet Street 26, Tel Aviv-Yafo, Israel, Center District

Product stage

Released

https://www.linkedin.com/company/18013385

Crunchbase

bitjob

IL Registrar

560035537

Classification
Sectors	Business Software, Operations Solutions, Human Resources Management
Core technology	Platforms & Interfaces, Web
Target customers	Consumers, Professionals & Gig Economy, Job Seekers, Freelancers, Education & Academia, Students
Business models	B2C, B2B2C
Tags	students, freelancers, marketplace, recruitment, web-platform, blockchain, hr, cryptocurrency, social-networks, collaboration, mining

Classification

Sectors

Business Software, Operations Solutions, Human Resources Management

Core technology

Platforms & Interfaces, Web

Target customers

Consumers, Professionals & Gig Economy, Job Seekers, Freelancers, Education & Academia, Students

Business models

B2C, B2B2C

Name	Role	Founder
Aviad Gindi	Co-founder (No longer with the company)	yes
Dror Medalion	Co-founder (No longer with the company)	yes
Elad Kofman	Co-founder (No longer with the company)	yes

Date	Source	Summary
Jan 28, 2019	www.prnewswire.com	bitJob's Social-Mining™ Platform Goes Live, Aims at Closing the World's Wage Gap
Jul 31, 2018	www.hrtechnologist.com	https://www.hrtechnologist.com/news/recruitment-onboarding/bitjob-introduces-social-mining-by-integrating-blockchain-technology-with-word-of-mouth-referrals/
Apr 9, 2018	www.crowdfundinsider.com	https://www.crowdfundinsider.com/2018/04/131688-p2p-employment-marketplace-bitjob-announces-new-partnership-with-insurtech-lemonade/
Apr 4, 2018	www.techbullion.com	How bitJob is reshaping the homeowner and rental insurance industry for "lucky" students with Blockchain.
Feb 16, 2018	www.the-blockchain.com	bitJob Teams With Dutch Government for 2018 Pilot Scheme
Oct 11, 2017	www.newsbtc.com	BitJob Partners with Bitcoin Brains for ATM Access NewsBTC
Sep 15, 2017	blocktribune.com	Matchpool, BitJob Partner to Intro Students to Blockchain Careers
Sep 1, 2017	www.the-blockchain.com	bitJob, A Global, Decentralized Marketplace for Student Employment, powered by Ethereum engages WINGS for Price Discovery and Social Engagement

bitJob

Company Overview

Snapshot

Business overview

Strategic signal

Company Intelligence Q&A

External links

Generate Slim Page