JOBS by ICObazaar is a blockchain-based freelance platform that connects freelancers with employers seeking to outsource work. It uses smart contracts to ensure freelancers get paid for completed work.
JOBS by ICObazaar is a decentralized freelance platform built on blockchain technology. It aims to connect freelance workers with employers looking to outsource work more efficiently through the use of smart contracts.
On JOBS, employers can post available jobs and freelancers can bid on them. Once a freelancer is selected for the job, a smart contract holds the employer's payment in escrow until predetermined milestones are reached and the funds are released. This ensures that freelancers are paid promptly once their work is complete.
A key benefit of JOBS is that it reduces fees substantially compared to traditional freelance platforms. By using blockchain and smart contracts, it eliminates intermediaries that charge commissions. This means more money goes directly to the freelancers.
Additionally, the platform uses a reputation system where employers and freelancers rate each other after completing jobs. This builds trust and accountability on both sides. Freelancers can showcase their work history and skill ratings to attract more business.
Overall, JOBS brings the advantages of blockchain technology - transparency, security, low fees - to the freelance industry. For employers it provides access to a global pool of qualified freelancers, and for freelancers it provides a trusted platform to find work and get paid.
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