Since the inception of the blockchain, a lot of industries have been seeking various ways in which to integrate the its features into their business. The blockchain industry promises a decentralized, transparent an efficient way of doing business for any industry who integrates it into their system. The blockchain has experienced a significant growth since its inception and shows a lot of promises in its potential to grow.
However, the freelancing industry is another industry which is worth over 1 trillion US dollars and one of the fastest growing industry of today. Regardless of the size of this industry, the freelancing platform has begun to experience a significant decline because of the various challenges which now plagues the industry.
CHALLENGES FACING THE FREELANCING INDUSTRY
The following are challenges which has plagued the freelancing industry in recent times:
A centralized authority exists in the industry which have raised concerns amongst freelancers about the fair dispute resolution in existing freelance platforms and the policies which the platforms implement without a care on how it affects freelancers.
Getting paid on freelancing platforms can be tedious as some clients refuse to pay gig sellers after delivering their jobs.
The fear of getting negative reviews sometimes make gig sellers to unwilling submit to buyers bullying them on the platform.
Difficulty in withdrawing funds from freelancing platforms.
High service fee: freelancing websites are known to charge users to as high as 20 percent of amount paid to them for jobs.
THE PAYPERBLOCK STRATEGY
PAYPERBLOCK will be providing its solution through the following components.
Payb Blockchain: the Payb Blockchain will be functioning as the backbone of the entire PAYPERBLOCK ecosystem. All contract will be designed and deployed using a solidity programming language. Also, the Payb Blockchain will be used for the purpose of creating and maintaining a distribution ledger of all the platforms transactions, and then verified by the community in the Ethereum blockchain.
Database: this will be used in facilitating and bringing to its users, a pleasing freelancing experience. It will also provide freelancers with the opportunity to make speedy queries on employment contracts.
Interplanetary file system: this will provide the platform with adequate blockchain based structure for storage of large data files of transactions in a distributed manner.
With these features, PAYPERBLOCK will be eliminating all of the aforementioned challenges.
PROJECT CORE VALUES
Quality and integrity
Respect for individuals
Social and environmental responsibilities and
ICO AND TOKEN INFORMATION
The platform will have an ERC-20 based token known as payb coin. The token will be used to perform every form of financial transaction on the platform thereby ultimately reducing service fees down to merely one percent. Utilizing a token will also enable users to withdraw their token anywhere and anytime they choose.
Developers and advisers-15%
Bounty program and bonuses-15%
PAYPERBLOCK is backed up by a team of professional blockchain experts who have years of experience in the industry. I have full confidence that this project will yield good results which is why I advise that you partake on the projects ICO.
Bitcointalk Profile Url: https://bitcointalk.org/index.php?action=profile;u=1825008