In 2018 it’s hard to find people who have never heard of the blockchain. This technology has the potential to change our day-to-day lives and disrupt such industries including but not limited to the finance or banking sectors. Even today, people use Blockchain for data management, finance movement field or even government tasks, etc.

However, this ‘Saint Graal’ of technology has some issues that obstruct high speed of global implementation: transactional delays, commissions, and even breakdowns. People gradually find solutions to these problems and develop new products that might denote a new stage of blockchain evolution.

I want to talk about DAG. DAG stands for directed acyclic graph and, according to the Forbes, it might be the real Blockchain 3.0. DAG is often applied to problems related to data processing, scheduling, finding the best route in navigation, and data compression. Basing on this technology, a number of new cryptocurrencies are already working today such as DagCoin, Byteball, and IOTA. All of them show high quality performance and they are already able to expand the notion of Blockchain technology in the financial sphere. We are completely sure that we will see next-generation startups in other spheres soon!

A few words about ByteBall

Byteball is a decentralized system that allows tamper proof storage of arbitrary data, including data that represents transferrable value such as currencies, property titles, debt, shares, etc. Storage units are linked to each other such that each storage unit includes one or more hashes of earlier storage units, which serves both to confirm earlier units and establish their partial order. The set of links among units forms a DAG (directed acyclic graph). There is no single central entity that manages or coordinates admission of new units into the database, everyone is allowed to add a new unit provided that he signs it and pays a fee equal to the size of added data in bytes. The fee is collected by other users who later confirm the newly added unit by including its hash within their own units. As new units are added, each earlier unit receives more and more confirmations by later units that include its hash, directly or indirectly.

DAG Advantages

There are many things that dag-technology startups have in common because of the power of DAG technology so it was hard to create a list of the most significant DAG advantages that can be implemented in recruitment platform such as Aworker:

Conditions in smart contracts and payments

A user sets a certain condition when receiving money and if the condition is not met, the amount is automatically returned to his account during the preliminary time period. That’s especially important when rewarding all participants of hiring process for their work. It can also be useful for companies which place job opening and choose the amount of WORK tokens for closing it .

A user sets a certain condition when receiving money and if the condition is not met, the amount is automatically returned to his account during the preliminary time period. That’s especially important when rewarding all participants of hiring process for their work. It can also be useful for companies which place job opening and choose the amount of WORK tokens for closing it . Chatbots

In Aworker your professional reputation may bring you additional rewards from our partners. Therefore, the possibility of placing orders in conversation with trade bots in a few clicks is great.

In Aworker your professional reputation may bring you additional rewards from our partners. Therefore, the possibility of placing orders in conversation with trade bots in a few clicks is great. Significantly faster transactions

No miners (!)

Small fees

No forks

No need to waste electricity

New promising and simple technology.

In Aworker we strive to create a platform that will help both candidates and employers to find each other faster and easier than today. We want to help people monetize their skills and achievements, as well as their professional networks. We believe that DAG technology will help you save money in recruitment processes. You can become a part of our movement by getting Aworker tokens at Bot Store in Byteball wallet.

Instruction on how to get Aworker ByteBall tokens is here.

What do you think about DAG technology as a candidate to become Blockchain 3.0? Let us know in the comments below!