UMKA - The Decentralized Labor Market
Blockchain technology is a transparent digital transaction book and records that are immune to modification or deletion. Offering additional features of increased security, cost reduction, time efficiency and error tolerance, the chain-chain grew, fluctuated in 2017. The utility of blockchain technology is unlimited, triggering an increase in the list of companies, industries and government studying its potential adoption. A block-chain is an immutable public book that records digital transactions.
ABOUT UMKA
UMKA is an efficient project implementation and a team-building tool based on the blockchain technology. UMKA means financial safety for all users: all platform transactions use agile smart contracts based on blockchain technology. Secure deals are done using the customizable Agile Smart Contract methodology based on the EOS blockchain. AgileSC offers an opportunity for stage-by-stage project payments and agreed-upon amendments while guaranteeing efficiency and convenience for all parties involved. Freelancers can work on their own or in project groups, and can be paid in 15 cryptocurrencies as well as fiat currencies. UMKA takes a 1% commission from all smart contract transactions within the platform. Funds, gathered this way will be distributed among UMK token holders automatically. UMKA is a decentralized blockchain-based labor market with efficient project implementations and a wide variety of useful tools integrated into its system. UMKA is a comfortable space for cooperation between employers and contractors that offers a wide array of useful tools integrated into its system: digital passport contains user’s data. The data is stored on the blockchain. The digital passport contains all the information about user’s skills and qualifications, his/her work experience and a possible list of courses completed within UMKA platform sources. The digital passport makes easier for employers to find freelancers with the required skill set.
UMKA is a decentralized labor market. It is an efficient project implementation and a team-building tool based on the blockchain technology. UMKA offers employers a selection from dozens of thousands of freelancers with the required competency levels recorded in their electronic passports. UMKA provides freelancers with access to thousands of projects, vacancies, testing systems with a self-control function, and training programs from the world’s leading educational institutions. UMKA does not only offer a job search. It is a smart system that makes possible for employers to set the precise requirements for freelancers while freelancers are able to build competencies following the market trends.
PROBLEM
Centralization: finance and data are accumulated and managed by a single entity. Platform regulations, the amounts of fees and commissions, and the system’s technical parameters may be amended without the consent of the users. No guarantee of timely payment and proper work performance. High commission fees. Commission fees on the freelance platform market currently range between 2.7% and 20% of the transaction amount.
SOLUTION UMKA OFFERS
UMKA is a 100% decentralized user-managed system. All data on transactions, ratings and key user data are stored on the blockchain. An Agile Smart Contract that allows stage-by stage payment and amendments agreed upon by both parties: Contains data on the work schedule, budget and specifications; The entire transaction amount is put on hold under the employer’s account until the project begins.UMKA’s commission fee is 1% per transaction. All transaction commission receipts will be used for further service and support improvement.
FEATURES OF UMKA PLATFORM
UMKA customers can assign specialists to project groups that can be moderated. Project budget can be specified for each group. A group chat is automatically created afterwards.
The UMKA Client’s Passport holds information about the client’s company and feedback from freelancers.
The UMKA app supports group chats, meetups, and news feed for every professional community.
The UMKA Specialist’s Passport holds details about their areas of competence, advanced training, professional experience and qualifying examinations.
The UMKA experts participate in arbitration proceeding between clients and specialists.
UMKA is designed as a digital meeting point for professionals in various fields who can either perform a particular type of services or hire experts in the framework of the projects. With its interface, UMKA seeks to minimize the barriers that most freelancers and employers face in finding projects as well as hiring professionals who are qualified to perform a particular work.
UMKA proposes an active labor market policy. This includes job search assistance, integrated training courses as well as legal support in terms of contracts conclusion. In order to enable effective interactions, two types of community groups will be created, refereed as project groups created by freelancers, and independent experts. Employers in turn can easily contact any professional they are willing to employ for a project.
TOKEN AND ICO DETAILS
Ticker: UMK
Type: Token (Ethereum)
ICO Token Price: 1 UMK = 0.1 USD
Fundraising Goal: 10,000,000 USD
Total Tokens : 180,000,000
Accepts: ETH, BTC
Token Sale Plan
Public ICO started on June 1, 2018 and will end on August 1, 2018.
The UMK token is an ERC20 token issued on the Ethereum blockchain. UMK is a security token. It gives its proprietor the right to seek after their venture interests. At the initial stage, the platform will accept BTC and ETH as a means of payment. Seven more cryptocurrencies alongside fiat assets will be added for the fourth quarter of 2018.
Token distribution
Investment Distribution
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
UMKA offers employers a selection from dozens of thousands of freelancers with the required competency levels recorded in their electronic passports. UMKA provides freelancers with access to thousands of projects, vacancies, testing systems with a self-control function, and training programs from the world’s leading educational institutions. UMKA does not only offer a job search, It is a smart system that makes possible for employers to set the precise requirements for freelancers while freelancers are able to build competencies following the market trends. Be a part of this tremendous project and follow these links for more information;
#UMKA, #cryptocurrency, #freelance
Website: https://umka.city
WhitePaper: https://umka.city/wp-content/uploads/UmkaWP_Eng.pdf
Telegram: https://t.me/umka2018
Facebook: https://www.facebook.com/freelance.umka/
Twitter: https://twitter.com/umka_freelance
Medium: https://medium.com/@umka_
ANN: https://bitcointalk.org/index.php?topic=4360608.0
Author
nugezmils
BITCOINTALK PROFILE