Technology released and at the same time enslaved us. We can now work in the comfort of our homes, but intermediaries – centralized independent websites – are getting huge commissions. How can we eliminate intermediaries?

Everyone wants more flexibility nowadays, for both companies and employees. The economy of concerts is up: in the US alone, it is estimated that 35% of the workforce works as a freelancer. In developing countries, millions of people are embracing new opportunities.

According to Paypal, 41% of independents in India experienced significant growth in 2017, with 80% of them working with international and domestic customers. The country is now the largest economy in the world with 10 million freelancers. Freedom, however, comes at a price, and it is fixed by centralized platforms, such as Upwork, TaskRabbit and many others.

Who receives the money?

Freelance marketplaces receive fees that reduce the income of freelancers and reduce their efforts. Their pricing policy is debatable. For example, Upwork charges 20% of freelancers for the first $ 500 bill to the customer and 10% for total bills between $ 500 and $ 10,000. Freelancer.com also charges 10 percent with a three percent client fee.

Of course, freelance designers, editors or software developers could leave these sites at any time and go alone, but that would mean leaving a reliable payment. At least centralized platforms provide a kind of guarantee and security.

"How would I get my money?" How could my clients know if I was leaving the site? "These are the questions that an average Indian or American freelancer poses." Promoting services via Facebook ads or LinkedIn ads is more expensive and, for many, simply unaffordable.

Another challenge is the thousands of false reviews and identity issues on centralized platforms. This is also a threat to their security and they must open their data to someone they have never met personally and who is not directly under control.

We simply need a more equitable freelance economy that would make manipulation almost impossible Blockchain can help verify identities and assess employers and freelancers , ensuring the security of transactions. And, what is essential, Blockchain solutions will be much cheaper for freelancers than centralized platforms.

Freelance economy 2.0

In January 2018, a new startup, Ethearnal, launched its Initial Coin Offering (ICO) to develop an independent peer-to-peer platform. The founders aim to connect all parties and revolutionize the functioning of the independent market. Disputes will be settled by voting in the decentralized arbitration system by a group of independent moderators.

"Thanks to Ethereum's intelligent contracts, employers and the self-employed can have the peace of mind that their investment is financial, effort, is safe and secure," he said. said Stanislav Uzunchev, co-founder of Ethearnal.

The company creates a framework to support the reputation of companies and independents with ethereal reputation tokens (ERT) .Ico Ethereal is based on " DAICO ", a new method for decentralized fundraising Vitalik Buterin, the creator of Ethereum Network, recently proposed

The model aims to minimize the complexity and risk of ICOs by incorporating elements of Organizations The benefits include the ability to leverage the wisdom of the crowd, the distrust of centralized teams, and the spread of discovery over time.

D & # 3 9, here the end of 2018, Ethereal plans to launch iOS and Android applications.