Hirefreelands is growing its network through the usage of blockchain tech in order to support freelancers better in their endeavors within digital spaces and emerging markets. This assistance will create better quality, growth, and cost-efficiency for its over 10,000 users from almost a dozen countries, all while ensuring commendable service and scaling for both individuals and ventures alike.
Breakthrough technology for the freelance marketplace, blockchain employs a decentralized platform to enable an emphasis on quality interactions, efficiency, unbiased and decentralized dispute resolution, and enhanced communication. Decentralizing quality control creates greater opportunity for companies and individuals engaged in freelance efforts across the globe. Hirefreehands uses “proof of skill” to allow freelancers to manage recruitment through a blockchain system as well as “proof of process” to support quality control, project management and dispute resolution.
“The global freelance market is exploding as more individuals seek to share their skills online and more companies take advantage of this skilled labor, representing a significant challenge and opportunity. Our innovative platform is designed to make freelancing scalable across the globe while still supporting the highest quality in work, communication and fund transfer,” said Sunkanmi Ola, Hirefreehands Co-founder and CEO. “Our aim is to deliver affordable world-class quality.”
Hirefreehands uses a Price Regulation Algorithm to automatically determine fair prices for jobs, eliminating the need for negotiation and protecting both clients and freelancers from unfair prices. The decentralized platform uses a jury system for both skill verification and dispute resolution. Further, the KYC system uses blockchain for identity recognition. The expected growth in global GDP from online freelance platforms is $2.75 trillion by the year 2025, according to a McKinsey Global Institute Report.
“All of this enhanced technology serves to simplify the process of finding a freelancer or performing freelance work,” Ola tacked on. “This is our vision for the workforce of the future.”
Edited by K. Fanning
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