UMKA; CREATING A COMFORTABLE SPACE AND HARMONIZING THE EMPLOYER AND ITS EMPLOYEES WITH THE HELP OF BLOCKCHAIN

in #blockchain6 years ago

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INTRODUCTION

People spend nearly one-third of their adult lives at work, which causes workplace issues to become common source of stress for many. It is impossible to have a workplace where everyone's roles, expectations, and personalities work perfectly together, without conflict. As such, certain workplace issues may cause negative psychological symptoms. Research shows that perceived stress in the workplace, for example, is associated with a higher prevalence of mental health issues such as depression and anxiety. Workers may find that discussing their workplace stress or challenges with a trained mental health professional is helpful to them both professionally and personally.

Dealing with an employee who's facing personal struggles is one of the biggest challenges you'll ever face as a boss. It's why most large corporations have well-established Employee Assistance Programs where they can send employees who need to deal with personal issues.

We can't discuss about the employer and its employees without digressing a little to where they work which is been refer to as workplace.

The workplace can be describe as an environment in which people with different personalities, communication styles, and worldviews interact to achieve a common goal in oneness. The word differences in its definition is one potential source of workplace issues, and can ultimately lead to stress and tension for those involved. Although all employees have the right to be treated fairly and to feel safe in the workplace, some employees face bullying, harassment, and discrimination. Additionally, some employees may experience dissatisfaction with their work, struggle with their performance on the job or have difficulty finding a job that fits their abilities and interests which affects their expected outcome to the company or firm and makes the employer to go gaga with them.

These are top five common employer and employees relations issues that do arises;

  1. Conflict Management;

Conflict can happen in any environment and the workplace is certainly no different. Disputes between employees or a direct disagreement between an employee and business owner are situations that occurs frequently.

  1. Hour and Wage Issues;

Do you find that issues often crop up around payday, do employees tend to dispute the number of hours they worked or insist on overtime that you don’t think is accurate or your HR time find that you have to go over time sheets or attendance records to check details?

  1. Adequate Safety in the Workplace;

It’s every business owners worst nightmare to have an injury or accident happen to one of their employees while they are on the job.

  1. Annual Leave Disputes;

Do the employer employed staffs know about the company’s leave policy is, Is the employers' policy in accordance with state and federal laws?

  1. Timekeeping and Attendance Issues;

Do the employer require its employees to come into the home office and clock in or out every day, do you find that many of them become lax on the issue, or that they have their co-workers ‘buddy punch’ them in when they’re running late?

All these numerous issues attracted UMKA to intervene into the problems and find lasting to it with the help of blockchain.

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UMKA IN HARMONIZING THE EMPLOYER AND ITS EMPLOYEES

The UMKA service is a decentralized user-managed system. It is based on Delegated Proof of Stake, a consensus algorithm of the blockchain. The “UMKA Foundation” ensures the system’s operation and development. Agile Smart Contract containing participants’ data, transactions and terms thereof are recorded in the blockchain. It means that all transaction data is accessible to all service participants equally, however the amendments can be introduced by a transacting Employer and a Freelancer only.

UMKA offers employers a selection from dozens of thousands of freelancers with the required competence levels recorded in their electronic passports.

In addition, it provides freelancers with access to thousands of projects, vacancies, testing systems with a self-control function, and training programs from the world’s leading educational institutions. UMKA does not only offer a job search. It is a smart system that makes possible for employers to set the precise requirements for freelancers while freelancers are able to build competences following the market trends. Some of the solutions UMKA has brought to the labour market are;

  1. In UMKA, employers can create project groups to organize the work of multiple freelancers working on a single task. There can be any number of freelancers in a project group. The employer signs an agile smart contract with each of them individually.

  2. Safe deal. An Agile Smart Contract that allows stage-by-stage payment and amendments agreed upon by both parties.

  3. UMKA’s commission fee is 1% per transaction. All transaction commission receipts will be used for further service and support improvement.

  4. There are two ways of settling disputes with no third party involved or with the involvement of UMKA arbitrator from among Experts.

  5. For each freelancer category, UMKA creates professional chat boards for freelancers to communicate with each other, learn news, share experience and network.

  6. GNMT in UMKA's chats. In order to make communication between users easier, UMKA's chats have the Google neural machine translation built in. Translation quality gets better with each passing day thanks to the neural machine translation mechanisms. Language pairs with the English language will be available for the users of the platform.

  7. Agile Smart Contracts. AgileSC is a unique technology developed by the UMKA team. They make it possible to break a project into iterations, set milestones and set them up by adjusting the three parameters which are time, Work and Budget. Using AgileSC minimizes risks for both employers and freelancers.

  8. On the UMKA platform, 15 cryptocurrencies and fiat currencies will be used. Every currency is represented by a corresponding asset in the blockchain without any transaction fees.

Meet the team behind this project below
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                            UMKA TOKEN ANALYSIS

The UMK token is an ERC20, token issued on the Ethereum blockchain. UMK is a security and an investition token. It gives its owners the right to pursue their investment interests.

Umka will issue= 180,000,000 tokens
Price per token=$0,1 USD
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CONCLUSION

In conclusion, undistributed tokens will be controlled by the managing fund UMKA Foundation and they will also yield revenue in the form of a percentage from the platform’s revenue. It will be available for purchase by anyone at their market price. For more information on this amazing project that decentralizes the labour market, the links below will really be of help.

Website: https://umka.city

Whitepaper: https://umka.city/wp-content/uploads/UmkaWP_Eng.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=3382203.new#new

Medium: https://medium.com/@umka_

Twitter: https://twitter.com/umka_freelance

Facebook: https://www.facebook.com/freelance.umka/

Telegram Chat: https://t.me/umka2018

Telegram Channel: https://t.me/umkachannel

Bitcointalk username: lumibaba

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2151502

ERC WALLET ADDRESS: 0x83b1556667E1A776Db4Eb9e9373c5Ea1F3308a24![umka1.jpeg]

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