Home / Blockchain / The financial future Your independent work, with new technologies like Blockchain

The financial future Your independent work, with new technologies like Blockchain

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The professional landscape photographer (man) during photography works in the open. Getty.com

The transformation of the way we work has, to a large extent, already begun. According to NasdaqIndependent labor is expected to reach 43% of the US workforce by 2020. Furthermore, in 2016 alone, over 40% of American workers were doing at least part of their work remotely.

In addition to this, with coworking companies like We work now estimated at $ 20 billion, it is clear that yesterday's workplaces will be very different from tomorrow's workplaces.

Second CareerBuilderonly from 2016 to 2017, the United States saw a 47% increase in the number of entrepreneurs who said they would hire freelancers during the solar year. Because of the dizzying speed of today's market when it comes to innovation, these figures make sense.

Quickly getting a job without having to hire a full-time employee is beneficial for companies, both financially and in terms of legal responsibility. In addition, with the increase in self-employment and the number of small and medium-sized businesses, many entrepreneurs simply lack the necessary budget to hire an experienced developer, marketer or full-time writer, making freelancing unique. feasible option to keep them competitive.

As a result, a handful of companies, in particular oDesk& Nbsp; and & nbsp;Fiverr& nbsp; they have increased to take advantage of opportunities. & nbsp;

These freelance platforms allow employers to access thousands of freelancers in almost every industry. From having a fast and seamless payment system to the transparency of freelance rates to access the history and reviews of your work, there are a number of advantages for these online markets compared to hiring a free professional outside a well-kept platform.

There are several drawbacks for freelancers on such platforms. For example, on Upwork, the percentage is 20% on all transactions. Moreover, from the point of view of freelancers, if their code or project continues to live and continues to provide value to consumers for years to come, the freelancer is paid only once for their work.

If you look to the future of work, if the freelance economy has to reach its full potential, provide maximum value to both parties and create a stellar user experience, it is clear that more work needs to be done, and using blockchain technology could be a good starting point.

Moving towards distributed collective organizations it becomes more evident every year that passes. When freelancers start coming together to collectively drive results for customers, dependence on traditionally structured workers' organizations is being questioned. With the technology needed now available for remote work running smoothly, overhead costs and other expenses that were once deemed mandatory are now becoming optional.

Moreover, with the successes of online platforms like Github and the necessary technology now available, the many benefits that collaborative and mass-managed projects have on traditional and hierarchical structures have become evident. Having access to the collective contribution and wide-ranging experiences of an entire community of professionals and freelancers all over the world, rather than being limited to those in their own organization, the result of a project will, more than likely, lead to better results.

However, as it is today, efforts to catapult this structure into prominence are largely insufficient. So far, the most notable example would have been that of platform cooperatives. Defined, a cooperative platform is a proprietary and cooperatively managed business that creates a computing platform and uses a protocol, a website or an app to facilitate the sale of products or services.

Although certainly a step in the right direction, many of these platforms have had difficulty reaching the funding of the initial phase, resulting in stagnant growth or complete collapse. This is mainly due to potential investors who believe that the concept and the business model are more of a fantasy than of a reality.

There are some ways in which blockchain can help the future of work reach its potential. The main way is through the application of smart contracts.

Because these smart contracts are put on an irreversible record, it is possible that payments to freelancers will become almost instantaneous, along with past reviews and the work history of freelancers, so as to minimize the risk to all parties involved.

Moreover, blockchain can facilitate lower platform fees than the costs incurred by platforms like Upwork, taking power away from intermediaries. Drawing on everyone's collective knowledge and experience, blockchain can also allow truly fluid organizations to take shape in place of common centralized and top-down organizations in today's business world.

One of the biggest obstacles when it comes to the acceptance of collective distribution organizations is a lean and secure payment system that does not have to come from the top. Because of the blockchain technology, payments can be mediated through smart contracts compared to payments that must come directly from the CEO or the respective decision maker.

To date, there are a handful of companies that are already using blockchain technology to help make the future of work the best it can be. An example is OpenBazaar, an online marketplace where cryptocurrency is used as a standard form of currency.

On OpenBazaar there are no fees or restrictions on the platform, which illustrate the opportunity for the blockchain to stop multiple traditional freelance platforms. & Nbsp;

deconet is another company focused on the future of work. Decentralize the knowledge economy by building an independent market, which compensates freelancers for the work they do compared to the number of hours worked.

Unlike the payment methods that must be sent to individual freelancers on a 1: 1 basis, they allow self-employed groups to be paid simultaneously via smart contracts. In turn, this creates an environment suitable for collaboration and teamwork between teams and foreigners. & Nbsp;

By issuing a code on the blockchain, programmers earn royalties for anyone who uses their software retroactively, thus obtaining a passive income, while open source code is usually a voluntary work.

The future of work is upon us and the technology we choose to use and create will help to dictate the ultimate path we will undertake and shape the appearance of our future workplaces. By applying blockchain technology to the already innovative trends that take shape in today's market, we can create a healthier, all-rounder economy and a much happier workforce.

It could be considered if the blockchain is necessarily necessary for future work. For example, if cryptocurrencies are not massively added, payments may be meaningless to freelancers. But time will tell if mass adoption is going on, bringing us closer to a change of life.

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The professional landscape photographer (man) during photography works in the open. Getty.com

The transformation of the way we work is, to a large extent, already begun. According to the Nasdaq, independent work should account for 43% of the US workforce by 2020. Furthermore, in 2016 alone, over 40% of American workers were doing at least part of their work remotely.

In addition, with coworking companies like WeWork valued at $ 20 billion, it is evident that yesterday's workplaces will be very different from tomorrow's workplaces.

According to CareerBuilder, only from 2016 to 2017, the United States saw a 47% increase in the number of entrepreneurs who said they would hire freelancers in the solar year. Because of the dizzying speed of today's market when it comes to innovation, these figures make sense.

Quickly getting a job without having to hire a full-time employee is beneficial for companies, both financially and in terms of legal responsibility. In addition, with the increase in self-employment and the number of small and medium-sized businesses, many entrepreneurs simply lack the necessary budget to hire an experienced developer, marketer or full-time writer, making freelancing unique. feasible option to keep them competitive.

As a result, a handful of companies, in particular Upwork is Fiverr has stood up to take advantage of the opportunities.

These freelance platforms allow employers to access thousands of freelancers in almost every industry. From having a fast and seamless payment system to the transparency of freelance rates to access the history and reviews of your work, there are a number of advantages for these online markets compared to hiring a free professional outside a well-kept platform.

There are several drawbacks for freelancers on such platforms. For example, on Upwork, the percentage is 20% on all transactions. Moreover, from the point of view of freelancers, if their code or project continues to live and continues to provide value to consumers for years to come, the freelancer is paid only once for their work.

If we look at the future of work, if freelance economics wants to reach its full potential, provide the maximum value to both parties and create a stellar user experience, it is clear that we need to work harder and use the blockchain technology could be a great place to start.

The shift towards distributed collective organizations becomes more evident every year that passes. When freelancers start coming together to collectively drive results for customers, dependence on traditionally structured workers' organizations is being questioned. With the technology needed now available for remote work running smoothly, overhead costs and other expenses that were once deemed mandatory are now becoming optional.

In addition, with the success of online platforms such as Github and the necessary technology now available, the numerous benefits that collaborative and crowded projects have on traditional and hierarchical structures have become evident. Having access to the collective contribution and wide-ranging experiences of an entire community of professionals and freelancers all over the world, rather than being limited to those in their own organization, the result of a project will, more than likely, lead to better results.

However, as it is today, efforts to catapult this structure into prominence are largely insufficient. So far, the most notable example would have been that of platform cooperatives. Defined, a cooperative platform is a proprietary and cooperatively managed business that creates a computing platform and uses a protocol, a website or an app to facilitate the sale of products or services.

Although certainly a step in the right direction, many of these platforms have had difficulty reaching the funding of the initial phase, resulting in stagnant growth or complete collapse. This is mainly due to potential investors who believe that the concept and the business model are more of a fantasy than of a reality.

There are some ways in which blockchain can help the future of work reach its potential. The main way is through the application of smart contracts.

Because these smart contracts are put on an irreversible record, it is possible that payments to freelancers will become almost instantaneous, along with past reviews and the work history of freelancers, so as to minimize the risk to all parties involved.

Moreover, blockchain can facilitate lower platform fees than the costs incurred by platforms like Upwork, taking power away from intermediaries. Drawing on everyone's collective knowledge and experience, blockchain can also allow truly fluid organizations to take shape in place of common centralized and top-down organizations in today's business world.

One of the biggest obstacles when it comes to the acceptance of collective distribution organizations is a lean and secure payment system that does not have to come from the top. Because of the blockchain technology, payments can be mediated through smart contracts compared to payments that must come directly from the CEO or the respective decision maker.

To date, there are a handful of companies that are already using blockchain technology to help make the future of work the best it can be. An example is OpenBazaar, an online marketplace where cryptocurrency is used as a standard form of currency.

On OpenBazaar, there are no fees or restrictions on the platform, which illustrate the opportunity for blockchain to stop multiple traditional freelance platforms.

Deconet is another company that focuses on the future of work. Decentralize the knowledge economy by building an independent market, which compensates freelancers for the work they do compared to the number of hours worked.

Unlike the payment methods that must be sent to individual freelancers on a 1: 1 basis, they allow self-employed groups to be paid simultaneously via smart contracts. In turn, this creates a suitable environment for collaboration and teamwork between teams and foreigners.

By issuing a code on the blockchain, programmers earn royalties for anyone who uses their software retroactively, thus obtaining a passive income, while open source code is usually a voluntary work.

The future of work is upon us and the technology we choose to use and create will help to dictate the ultimate path we will undertake and shape the appearance of our future workplaces. By applying blockchain technology to the already innovative trends that take shape in today's market, we can create a healthier, all-rounder economy and a much happier workforce.

It could be considered if the blockchain is necessarily necessary for future work. For example, if cryptocurrencies are not massively added, payments may be meaningless to freelancers. But time will tell if mass adoption is going on, bringing us closer to a change of life.

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