Monday, 28 May 2018

LIBERTYLANCER DECENTRALIZED. GIG BASED MARKETPLACE WHERE FREELANCING MEETS BLOCKCHAIN


This is owing to the reality that in today’s dynamic world, life without technology is worthless. As the world keeps on developing, technology will change and Our requirements are met with great ease. Technology has brought advancement in blockchains, due to which the blockchain technology allows the free transfer of cryptocurrency through a decentralized environment.
       Technology has boosted every industry. Businesses are fully grown, creating more employment opportunities. Advancements in technology have led to the evolution of newer and faster modes of transport and communication system. The computer and Internet technologies are ubiquitous. They have changed every sector; be it business, tourism, education, entertainment or any other. Technology has touched every aspect of life, making it easier, better and different. Technology has changed living.
Technology has important effects on business operations. No matter the size of your enterprise, technology has both tangible and intangible benefits that will help you make money and produce the results your customers demand.
With technology, blockchain /platforms are available to us that makes it easier to grow our income in different currencies. platforms are created to bring buyers and sellers from a different part of the world together. Libertylance is the best platform brought to you in the blockchain technology.
  LibertyLance is a self-regulatory and decentralized gig marketplace made for clients and freelancers. Libertylance allows Freelancers to showcase their gigs for a fixed price using Ethereum as a mode of payment. In this platform, There is no marketplace involvement in the gig facilitation between the two parties. Instead, a smart contract is deployed. this smart contract is deployed in order to facilitate the agreement between the client and the freelancer without the involvement of a third party.
  LibertyLance is a platform that gives you the opportunity to change your life as a freelancer. It offers a trustless marketplace and fair entry point for clients and freelancers because it is based on shared resources by its decentralized nature, and not by large enterprises. The core values of LibertyLance is based on the platform’s users. As a client, you will be able to select from various gigs based on the price freelancers offer and their ratings. This is all enabled by the technology called smart contracts. Smart contracts are one of the greatest applications of the blockchain. They are computer programs that facilitate, verify, and enforce the negotiation and execution of a particular agreement. A smart contract is written in the form of code with prerequisite rules and conditions. One of its main distinctive features is the enforcement of particular conditions while avoiding the services of a middleman. This is one of the main features that LibertyLance intends to introduce by developing a trustless and automatic platform that does not have to depend on a single authority for its operations.
  HOW THIS PLATFORM WOKS
It begins with the client selecting from a wide range of gigs submitted by the freelancers. After finalizing and paying for a particular gig, the smart contract will be initiated and a 2% fee + gig amount is going to be charged from the client that is to be held in escrow by the smart contract. click on the link below to view an image of how this platform works;

In this case, the client is satisfied with the service of the freelancer, the smart contract will automatically release the funds to the freelancer while taking an additional 2% fee from the gig amount from the freelancer. After gig completion, both parties will be able to review each other and provide feedback for future freelancers and clients.

 DISPUTE RESOLUTION
If the freelancer has completed the gig but the client is not satisfied with the service and opts for a dispute, this entitles the said client or freelancer to a refund. In such case, those with LTN tokens will be able to participate in the dispute handling cases as the marketplace won't have any control over any ongoing disputes. 
Consensus reached by the token holders will enable the smart contract to automatically release the funds to the winning party, be it the client or the freelancer. This will enable a widespread decision making across multiple users ensuring transparency and effective decision making rather than a single centralized authority passing verdicts. The Purpose of the libertylance token is to ensure a decentralized peer to peer dispute settlement system done by the token holders eliminating the involvement of a centralized marketplace. Join these trending platform, it is trusted, fast and efficient with high security, while protecting the interest of client and freelancers.
ICO/ token Details


 For more information click on the link below; https://libertylance.io/uploads/whitepaper.pdf
Follow this platform on social media; facebook; https://www.facebook.com/libertylanceofficial/
Authored by: colvis

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