Home / Top News / Professional Diversity Network, Inc. Announces Major Shift in Business Strategy for the International Association of Women Business Unit
Professional Diversity Network, Inc. Announces Major Shift in Business Strategy for the International Association of Women Business Unit
CHICAGO, Feb. 22, 2021 (GLOBE NEWSWIRE) Professional Diversity Network, Inc. (NASDAQ: IPDN), (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, announces a strategic shift in the underlying business model for the International Association of Women (“IAW”), a business unit of the Company.
“We are implementing a strategy that will lead to better product offerings for our members and a better performing business overall,” said Adam He, CEO of PDN. The Company made the decision to pivot the IAW business unit in advance of launching a new w
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Professional Diversity Network, Inc. (NASDAQ: IPDN)announced a partnership with Phala Network. Phala Network provides private computations on the cloud in regards to Trusted Execution Environment and blockchain. It offers generalized computing at public cloud scale, including a property of base-layer privacy. Currently there are numerous applications built on Phala.
Professional Diversity Network develops and operators online and in-person networks that provide access to training, networking, educational and employment opportunities for diverse professionals. The company provides clients a method to identify and acquire diverse talent and aid them with their efforts to recruit diverse employees.
Blockchain technology is touted for its decentralization and irreversible features that highlight secured transactions over consensus algorithms. A major drawback is its lack of confidentiality, thi