upcoming decentralized marketplace (WORKQUEST)

Since the advent of the Internet, digital markets have succeeded in bringing together sellers and buyers of goods and services online. One that is quite well-known in taking advantage of the digital market is Airbnb, a company that provides accommodation. With Airbnb brokers, property owners can market rooms directly to tenants online. Tenants can book a room with just a few clicks on the cellphone screen, but with this convenience, usually the value taken by these intermediaries is often not commensurate with the value they create. For example, Airbnb charges guests 5-15% and holds 3-5% of every booking. This means Airbnb will take as much as 20% of the value of each transaction. In this case, between accommodation providers and tenants it would be better if there were no intermediaries, so that service providers could get higher rental rates and service users could pay less. But the question is, how do you make this happen?

The emergence of Blockchain Ethereum technology which was launched in 2015 has had a positive impact on all fields, one of which uses this technology is workquests. workquest is an open-source platform that uses the Ethereum blockchain and the Interplanetary File System (IPFS), where buyers and sellers can transact directly (peer-to-peer) on the main workquest marketplace without intermediaries and without transaction fees. And to do that, workquest has provided its three main open-source components.

WorkQuest is a decentralized online marketplace and payment provider that connects employers to employees anywhere in the world powered by Smart Contracts governed by the DAO. WorkQuest will provide a Mobile App that works anywhere and uses its own Blockchain and WorkNet Wallet. The platform incentivizes employers and employees to deal honestly and carefully using its Rating System with all feedback stored in the blockchain. As the platform acts as a transaction facilitator between employers and employees, various DeFi products are available to platform participants, such as Savings, Pensions & Disability Insurance.

Addressing skill mismatches, fragmentation, and data vulnerabilities Smart match - search using data points to propose implementers and jobs Cost-effective Trustless Escrow - no middlemen, employer-employee agreements run on smart contracts Distributed data storage & encryption - your data is encrypted but stored on a public blockchain

https://workquest.co/
https://t.me/WorkQuestChat
https://twitter.com/workquest_co
https://www.facebook.com/WorkQuestOfficial/
https://discord.gg/U8k234ArHP
https://medium.com/@workquest

conclusion
WorkQuest is an online Marketplace and decentralized Payment Provider connecting employers with employees anywhere in the world powered by Smart Contracts governed by DAO. WorkQuest will have Mobile Applications making available working anywhere and use its own Work Net Blockchain and Wallet.

The platform incentivizes employers and employees to deal honestly and prudently using its Rating System with all the feedback is stored in a blockchain. As platforms act as a facilitator of transactions between employer and the employee, different DeFi products available for platform participants, such as Liquidity Mining, Lending & Borrowing, Savings, Staking, Retirement program and P2P Insurance.

Author : CHONTOLMAN
telegram : https://t.me/CHONTOLMAN
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