Today, companies of all sizes are rapidly increasing their use of freelance work for a number of reasons. It is often cheaper and easier, and the talent pool much larger. Accordingly, there are a number of intermediaries already operating within the marketplace; however, they are not utilizing blockchain technology—a technology that would benefit prospective employers, freelancers, and intermediaries enormously. We believe that the blockchain is a revolutionary, industry-changing technology, much the same as the Internet before it. Stipend advances the vision and promise of a decentralized platform for freelancers that will: 1) enable anyone to post an offer, 2) allow an individual to apply for an offer without restrictions, and 3) securely and transparently provide a record of user performance, history, and many other data.
Perhaps the main flaws inherent to most platforms currently operating in the market are their excessively high fees—some amounting to more than 20% even before any payment processing charges are included. If a freelancer wants to get paid via credit/debit card, the fees are even higher due to anti-fraud inspection and overhead processing expenses levied by credit card companies; PayPal fees also take a substantial cut out of any paycheck and bank transfers. If such fees weren’t bad enough, most methods also incur significant delay—taking up to a week to clear, with faster options costing even more. Beyond payments and fees, there are countless other areas ripe for improvement, including ensuring work is timely and of sufficient quality, payment is made to the right place, any disputes are properly settled, and more. Overall, the entire process is inefficient, costly, and time-consuming, limiting the untapped true supply and demand in this already rapidly growing market.
STIPEND platform:
Enable anyone to post an offer or accept an offer without restrictions
Pay and get paid is their currenc, SPD
Secure and transparent. There will be a record of user performance, history, and many other data.
This will change the way we look for a job right now, Stipend will change everything. I know i've captured you attention and you want to know more, so i give you all the links and useful datas where you can learn a lot more things.
Stipend Coin Specifications
-Low supply
Hard cap amount of SPD is 19,340,594. This is the result of a consensus among developers. We think that this is the right supply to create demand with investors.
-C11 & SHA256-d Algorithms
C11 algorithm is made of 11 differents sub-algorithms, that enhance the security of hashes. It is the one used in the Proof of Work. In the Proof of Stake, we are using the Sha-256d
-MasterNodes & Privacy
MasterNodes allows a sure and stable network with a copy of the blockchain stocked in each node. Privacy will be enhanced with future TOR/Electrum servers developments.
-Low Fees
Stipend is a no-fee coin. This enables the user to do multiple transactions at almost 0 cost.
Official website: https://stipend.me
Join Stipend on Discord: https://discord.gg/d9JWWE9
Whitepaper: https://stipend.me/wp-content/uploads/2018/02/Stipend-Light-Whitepaper.pdf
Reddit: https://www.reddit.com/r/stipend/
Twitter: https://twitter.com/StipendOff
Telegram: https://t.me/StipendOfficial
Ann thread on Bitcointalk: https://bitcointalk.org/index.php?topic=4694590.0
