Joba Network, a Tokyo, Japan-based Web3 startup utilizing verified identities, received an investment from Decimal Fund.
The amount of the deal was not disclosed and included participation from angel investors
The company intends to use the funds to build the infrastructure for the future of work, and enter the Japanese market.
Led by CEO Marisa McKnight, Joba Networks Joba Network is a decentralized platform powered by blockchain and artificial intelligence, allowing people to earn on-chain reputation and build borderless credit for their identity. The startup targets the new online economy of global digital nomads and businesses to ensure trust and security in the ecosystem.
The company utilizes AI to connect freelance workers with businesses based on credentials and experience. On-chain verification of their identity allows users to remain anonymous while ensuring secure business interactions. The startup aims to be the bridge working alongside government and financial institutions to utilize on-chain credential technology for verification of global citizens. This development will allow users of the platform to access loans or visas based on their remote work experience.
Its closed beta was launched in July 2023.
Commenting on the news, Marisa McKnight said: “At Joba Network, we are shaping the foundation of the way we work. After COVID19, people have been working remotely and distributed but often they lose access to the services and benefits that large corporations can offer. At Joba, we address this challenge by empowering individuals and businesses to have a safe and secure way to transact, earn on-chain reputation to experience new opportunities.“
FinSMEs
17/04/2024