Payperblock is a project that will create a decentralized platform that brings together customers and freelancers in a variety of ways. The platform will be a place where talented freelancers will be able to find work for themselves, becoming part of one of the startups in the technology of distributed registries.
In the first article of the project review, we found out that freelancing as it exists, has many drawbacks, including high commissions, high risks, and centralized dispute resolution scenario. Payperblock is a project designed to be the beginning of a completely new era in the field of freelancing, so the platform released within it will solve many problems of centralized friends platforms.
Users of the platform need to create an account, send a job, and then hire a freelancer to perform the job. Freelancers on the platform include developers of contracts, web developers, software developers, writers, artists-3d layouts, remote helpers and digital marketing staff. The business will start from Finland where it is currently based and then expands in other countries.
Absolutely all independent platforms, which now exist, charge commissions for their services. Providing a platform to search for customers and performers, currency conversion, withdrawals, arbitration procedures, etc. Very often the commissions are very high. and Frilenseru not always profitable to use these platforms.
In the Whitepaper project Payperblock, its creators compared the platform with two popular friends sites-Upwork and freelancer. If the Commission for employers is only 2.75-3%, then for freelancers it ranges from 10% to 20%. Thus, a specialist can lose up to 20% of his profit only for the use of the platform services.
The concept of Payperblock, the use of its own blockchain and markers Payb makes the platform completely decentralized-owned by its participants. Commission for clients-2% when paying with BTC and only 1% when paying by token Payb. The Commission for freelancers is completely absent. And the withdrawal is instantaneous, not stretched for a few hours, as on traditional platforms.
All power in the hands of the community
As we have already said, the main feature of Payperblock is decentralization. This concept is the basis for all solutions based on blockchain technology since the centralized nature of such platforms often has a number of shortcomings. The transfer of community rights has become a peculiar trend of modern solutions.
All questions concerning the policy of the Payperblock platform are not solved by the central team of its creators, but on the contrary-are in the hands of its community, consisting of all the owners of Payb tokens. All decisions on the principles of the Platform are made only by voting members of the community.
Fair settlement of disputes
Unfortunately, the controversy during the work on the projects-a phenomenon that is difficult to avoid. At the same time, most independent platforms are not trying to take any measures to minimize these disputes. The creators of the Payperblock have taken this fact into account and have put the prevention of disputes as their main task, and their decision is secondary.
To ensure the most honest and transparent cooperation, the platform’s creators will develop a range of tools that allow clients and freelancers to properly organize the workflow and achieve mutual understanding, avoiding any Misunderstandings and disputes.
Naturally, it would be foolish to rely solely on minimizing disputes, so the mechanism of their decision in Payperblock will also be provided. Here comes the concept of decentralization and devolution of power to society.
Instead of resolving disputes on their own, charging the fee for this additional service, the creators of Payperblock allowed the holders of Payb tokens, i.e. members of the community, to independently resolve disputes by voting. The subject of such disputes may be the quality of the freelancer’s performance of the task, problems with payment, as well as unreasonable negative reviews.
The fee that all customers pay on the Payperblock platform is 1% commission if they make payments using PAYB and 2% when payments are made using Bìtkojnov.
The platform hopes to embed transparency in the freelancers’ industry. The following actions are carried out in real time, providing transparency and rapid dispute resolution.
One of the mechanisms of dispute prevention will be the system of payment with the help of cryptocurrency (BTC/Payb) and blockchain technology. Before starting a job, a freelancer must make sure that the customer has entered the agreed amount in the smart contract. In fact, the client simply invests these funds.
Once the work is completed and accepted by the client, the smart contract will unlock the funds and make the transfer to the Freelancer account. This will make sure that the clients do not attempt to deceive them. Otherwise, the fact of refusal to accept the work of the client may be challenged in the arbitration proceedings.
The central body does not make a decision about the company’s rules and policies, but all decisions are made by voting among all the owners of Tokenov, consisting of large and diverse groups of people.
The platform takes a vigorous process so that customers on the platform always receive their payments. For each payment, the agreed amount is frozen on the account Ethereum of the client and provided freelancers after completion of the project. In the case of any dispute, various owners of tokens that give a fair and fair decision, allow it.
Dispute resolution process
The platform has suppressed a process that restricts the occurrence of controversy. A robust management system will be created, and both sides will be able to use the system to monitor a solid workflow that will lead to successful projects.
Payperblock Token ICO.
Token Payb is a token utility that will be used on the platform Payperblock. The token is a coin erc20, based on the Ethereum network. Distribution and transmission of tokens is carried out with the help of Payb agreement, which works in Network Ethereum.
10 billion tokens will be provided, and 45% of these tokens will be released during the ICO and sales to the ICO. Pre-ICO will be in August 2018, while ICO will be in September 2018. On the platform is a referral program, in which the affiliated individuals and the investor will receive 5% PAYB-tokens for each ICO
Website : https://payperblock.com/
Whitepaper : https://payperblock.com/whitepaper/
Bitcointalk ANN Thread : https://bitcointalk.org/index.php?topic=4686095
Facebook : https://www.facebook.com/Payperblock-821176318089462/
Twitter : https://twitter.com/payperblock
LinkedIn : http://www.linkedin.com/company/18479446/
Youtube : https://www.youtube.com/channel/UCYHSDTfcU_plcJSNCPxF5zg
Telegram : https://t.me/joinchat/IZbKTlFWa0v9Oph89EK9cA