UMKA Ecosystem -A choice in Decentralized Freelancing Platform

in #eos6 years ago

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The UMKA platform is a decentralized freelancing application that is built on the blockchain technology with so much to offer to its users. The platform had resolved challenges associated with both centralized and decentralized freelancing websites and platforms. UMKA platform is a collaborative sharing labor market application. It has an edge over others that offer the same decentralized freelancing services on the blockchain with its unique features.

Features of UMKA Ecosystem

  1. UMKA platform is a convenient marketplace for businesses and workers. People are looking for jobs that will give them freedom and independence to work from home and still earn income. The UMKA platform has provided the much-needed labor market where qualified and skilled people offer their services to businesses that need them. Businesses hire talent from any part of the world on demand.
  2. The UMKA platform makes it possible for employers to organize a group project where multiple freelancers can take part in a single project. These make a task to be completed quickly within the needed time frame.
  3. UMKA platform is created on the EOS blockchain protocol that has better features and is able to solve the issue of scalability that Ethereum blockchain and Bitcoin protocol could not solve. It has an extremely high speed of 100 000 transactions per second.
  4. The risk is minimized for all stakeholders on the UMKA platform by going into a contract agreement. The UMKA team had developed a unique smart contract Agile Smart Contract - AgileSC on the EOS blockchain which allows users to go into an agreement, set milestones that can be adjusted base on time, work and price.
  5. The UMKA platform allows the use of 15 cryptocurrencies and fiat currencies. Users do not have to pay a transaction fee for transactions consummated on the platform.
  6. The UMKA platform provides an expert community of skilled and qualified freelancers. The platform gives them an enabling environment to carry out their freelancing jobs and also encourage them to build themselves personally and professionally by indulging in online courses made available from world leading universities.
  7. The platform provides a secure smart contract, safe deals, and arbitrage. The AgileSC allows amendments of contracts by both the employer and the freelancer. It allows them to introduce changes to the already agreed terms which must be accepted by both parties. When there is a dispute, the arbitrage system on the platform is used to resolve issues with a free and fair conclusion.
  8. The platform is used by people from all over the world. The platform provides a machine translator for people that are not fluent in some languages. The platform had made available GNMT - Google Neural Machine Translation integrated for easy communication in its chat. Other languages are paired with the English language.
  9. The commission fees of 1% are charged on all transaction carried out on the platform. The platform has the lowest transaction commission charged. The employer is responsible for this payment. The commission fee is collected distributed to UMKA token holders when it reaches a specified threshold.
  10. The platform allows both the employer and freelance to upload their documents and information and what they have to offer on their digital passport. The freelancer upload documents such as CV, certificates, areas of competence, work experience, and other qualifications. The company uploads its company profile. This information is accessible to all UMKA platform users.

The Platform


The UMKA platform is a decentralized labor marketplace built on the EOS blockchain technology with customized smart contract AgileSC. The platform will run on web browsers and smartphones.UMKA mobile applications for Smartphone Android and iOS will be available in the second quarter of 2018

How It Works


The users of the platform need to register on the platform to be able to access the service on the platform. The freelancer registers and uploads his digital passport information. The freelance search for a job and after getting a suitable job he goes into contract with the employer. He executes the job and gets paid. The employer uploads his job proposal and smart contract terms such as what is to be done, when it is to be completed and the budget for the job. The employer makes a deposit of funds. Employer schedule a chat and reaches an agreement with the freelancer. Freelancer complete the job and payment is made. Each leaves a feedback.

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The Token

The UMKA platform accepts the UMK token as means of payment for services rendered on the platform. It is a security token that enables token holders to take part in the revenue distribution of the platform.

Token Distribution


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Roadmap


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Team

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Advisors


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Partners


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Conclusion


The UMKA is a project that will bring a passive income for those that invested in the project because of revenue distribution for token holders. It is a viable project that has a large market and the potential to grow. Freelancing is growing exponentially as regular employment is hard to get in some part of the globe. It gives freedom, more money, flexibility, and independence. A lot of people are leaving their regular job for freelancing. Many people refer to work from home and the UMKA platform makes it easier and convenient.

#UMKA, #cryptocurrency, #freelance.

For more detailed information. Visit links below

Website: https://umka.city/

Whitepaper: https://drive.google.com/file/d/1IalOIO0euDT_x9HLam6h5hGvT2gsVRqj/view

Author's Authentication Bitcoin User's profile link : https://bitcointalk.org/index.php?action=profile;u=1163494

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