Freelance provides increasing opportunities for non-traditional talents and needs. For example, sometimes hiring traditional long-term employees cannot meet the needs, possibly due to the high labor cost, or the lack of local expertise. Freelance also provides great opportunities for unemployed or other vulnerable communities in traditional job market.
However, freelance often face some critical difficulties. It is risky for employers to have the expected work delivered within the timeline; it is also hard to guarantee that freelancers are properly paid after their work is delivered; there is additional fee charged by agencies or freelance apps for their role as a third party.
Blockchain provides a distributive and decentralized database solution for immutable digital information, and have been successfully used in cryptocurrencies. Using Blockchain, our solution can potentially tackle the three common difficulties a freelance app face. Agreed upon work written clearly will be recorded on the smart contracts that is not forgeable by any parties. The payment is enforced by the contract code once the job is done appropriately according to contract content, or it will be returned to the employer if the job is not done accordingly. Only a low amount of fee would be charged to support the development and maintenance of the application. With its gene of cryptocurrencies, Blockchain enabales enforceable digital payment naturally. There will be no financial service cost when it comes to international talent acquisition, which also provides great opportunities to help people at risk such as refugees to rebuild their lives by providing them freelance work from oversee employers. Both the talent seekers and freelancers’ rights are protected using our solution.
