The evolution of technology occurs in every century. The popular one in our time is the internet of information. It has really changed how we get access to information and has made our interactions a lot easier.
The blockchain technology is new and for the past years, has made tremendous changes in the business sector. Information stored here is secure, immutable and readily available.
Many startup businesses built on the blockchain appeal for funds through an event called Initial Coin Offering (ICO). Cryptocurrencies/tokens given out represent the amount contributed. The inception of cryptocurrencies and the blockchain has disrupted the traditional ways of funding business.
Decentralized Applications(DApps)
The blockchain is meaningful with DApps. They use a distributed network for its back end operations (storing information and processing transactions), rather than a traditional server. They are the first product of the blockchain that connects the end users to the developers.
There are advantages in using DApps. It can help reduce inefficiency by taking away unnecessary middlemen that store, mine and/or monetize user data. Also, DApps provide additional security to end users. The centralized app creators trick users to blindly believe them to properly secure their personal information, DApps are created on top of blockchain protocols, which use advanced encryption methods to process transactions and secure data.
The use case of aQuest as DApp
The DApps are gaining more use cases as they reduce cost by removing the middlemen from the system. One clear use case is this freelancing DApp, aQuest. In some of the freelancing centralized apps out there, the owners take a portion of the payment as compensation for its role in connecting the participant and the host or advertisers. This to them help to cover their relatively high fixed costs and hopefully make a profit for their investors.
In contrast to the centralized apps, aQuest is completely open sourced and powered by a decentralized network. This means no centralized organization that takes a portion of each transaction. Instead, the quest seeker on the platform receives the exact amount as promised by the host(the creator of the quest), with just a very small fee used to process the transaction on the Enkronos blockchain. That fee is needed to compensate the nodes that mine the transaction and is much smaller than the fee that is charged by a centralized company to cover their relatively high-cost structure.
General qualities of DApps
For an app to be considered as a DApp, it must have these four characteristics.
More about aQuest.
Digital marketing is the new gate the internet opened in this era. A lot of people use a smartphone these days. The Internet is the surest way to reach these people. aQuest provides a platform for people to perform simple tasks and get paid for it. The platform targets advertisers to create a marketing campaign and attaches a reward. Users complete these tasks and get rewarded if done accurately. A like or share of a post on facebook(airdrop) or survey are examples of the jobs.
The platform has a user-friendly interface allowing a smooth usage. Technology is said to make life a bit easier that's why the platform has all the tools to help build and create a quest easily.
The aQuest platform allows everyone from anywhere to participate in a task unless the rules say otherwise. The Enkronos blockchain has this app on its platform allowing the aQuest to enjoy all the benefits Enkronos blockchain offers. Also, users who get the chance to perform a quest have their data safely stored on the blockchain companies can ethically have access to these data to come out with some better offers.
a Quest solves a problem the gig and the freelancing community face - the currency barrier. aQuest comes with its unique native token, the AQU. The currency is an ERC-20 token which will be involved in all transactions on the platform.
Find out more about this ICO project. The links below are a good place to start.
Website whitepaper Telegram
bounty0x: ibracks
