UMKA - Decentralized Labor Market

The development of the Internet has altered the World, and this may be said to influence our own lives. The world wide web has benefited us in a lot of ways. It's made various processes less complicated. Using the internet is quite famous for accessing and obtaining information on a massive selection of subject. People are also able to render services everywhere they are via the internet without a lot of strain on them. Job seekers and employers are linked and interviews conducted through the web. Researches are carried out quickly as the world wide web offers information for professionals, students, and s on their respective relevant topics.

Nowadays, people can work from their homes and earn excellent income through the net. Such people are called Freelancers. Freelancers provide services such as marketing; internet programming, graphic design, advertising, and promotion to those needing it and make money in the procedure.

However, the outsourcing market is becoming congested and aggressive. UMKA intends to establish a decentralized labor market that brings companies and builders together to deal in a safe and comfortable atmosphere. It plans to create a cozy space for cooperation between contractors and employers by offering unique features integrated into its system. UMKA will establish a specialist community to provide experts with the best environment for work, professors, private upgrades and development.

Definition a labor marketplace is the area wherein employees and employees have interaction with every different. In the labor market, companies compete to rent the first-class, and the employees compete for the caliber enjoyable process. Description a labor market in a market capacity with the call for and distribution of labor.In this market, labor demand is the firm's application for work and supply is the worker's supply of energy.The amount and form of labor within the marketplace are prompted via alterations in the bargaining power.

UMKA is more than just a decentralized labor market. It's an effective challenge execution and a team-constructing device based in the blockchain era.UMKA is an at ease distance for collaboration among contractors and employers that Provides a Wide Selection of useful equipment integrated into its machine. Employers will have the ability to find Freelancers using their needed required skills through Umka, as Freelancers will upload their information via the electronic passport, including qualifications and abilities, completed classes on the blockchain system. Freelancers have access to a variety of jobs, vacancies, testing systems with self-control purposes and a training program from the worlds leading academic stage. With Umka, hunting of Freelancers will be made simpler and the integrity of qualified freelancer guaranteed.

UMKA ensures financial security for its customers with the AgileSC (Agile Smart Contracts) technology. This will provide easier and effective payments. With Umka users' payment via the blockchain technology is guaranteed. UMKA platform will allow the use of up to 15 different currencies( both fiat and cryptocurrency) because of its operation. The platform also possesses an arbitration system for settling the dispute that could arise among users. The Arbiter is another sort of UMKA system user, a disinterested party with a decent rating on the stage. UMKA provides groups for collaboration between freelancers and to guarantee an efficient communication without the language barrier, and the platform will be equipped with GNMT - Google Neural Machine Translation.