UMKA: A DECENTRALIZED ZERO COST PLATFORM FOR FREELANCERS
The entire world is currently experiencing a great transformation thanks to blockchain technology, which introduces transparency, efficiency, decentralization etc in the system, revolutionising different sectors from financial industry to health, production, marketing, advertising, education etc.
Cryptocurrency is the underlying technology of blockchain which is used to replace the current traditional methods financial services. With cryptocurrency one can easily make transactions to any part of the world, purchase items from global stores, pay bills at your convenience.
However in the area of freelancing it has been a pitiable situation as freelancers don't get complete payment for their services due to third party involvement. Most companies that offer freelancing job charge high Commission fee, no guarantee timely payment any unexpected issue results in the loss of party involved in the agreement, all these problems has been the bane of freelancing in our society and it occurs because freelancers don't have direct access with their contractors therefore making the terms of agreement unknown to the employee.
UMKA
UMKA is a reliable Platform designed to provide direct access and cooperation between employers and contractors, umka also offers a wide range of useful tools integrated into the platform.
UNIQUE FEATURES OF UMKA PLATFORM
The commission fee for UMKA platform is only 1% per transactions. A new generation EOS blockchain is used in the platform to improve transaction speed and cost. Umka platform allows transactions in 15 cryptocurrencies and fiat to enable a smooth transaction at zero cost. Agile smart contract built by UMKA will enable transactions to be processed in bit for faster delivery.
UMKA operates with proof of stake consensus algorithm and the delegated proof of stake for its services. It has a software implemented with a smart contract written with the c++ programming language for easy communication. there are witnesses selected by the network to validate transactions and smart contracts. Agile Smart Contract is used to ensure an efficient fadst and smooth running platform.
Secure contract using the (Agile smart contract) technology: secure contracts are ultilized for smooth transactions, it's easier to be used in managing long term problematic projects. Both employees and contractors use umka arbitration system to resolve any issues in the platform.
Digital passport: Digital passport contains users data such as skills qualifications and areas of specialisation, this helps the employers to find freelancers with the required skills easily.
Use of GNMT(Google neutral machine): this feature helps users to communicate with their counterparts or employers easily in the platform.
Expert communities: in our society, business and events sometimes disagreement and misunderstanding might arise between individuals, however umka expert community was set-up to handle any issues that might arise in the platform.
UMKA GOALS
UMKA aims to provide not only a direct job offer but best working environment, education and personal development of its users.
Umka Platform also offers employers among thousands of freelancers the best with the required competence recorded in their data.
Umka Platform enables freelancers to access millions of projects, vacancies, testing system and training programs from global educational institutions.
UMKA TOKEN
The token of the platform is UMK. It 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. A total of 180 million tokens will be issued.
Token Symbol: UMK
Token Sale Starts: 1 June 2018
Token Standard: ERC20
ICO Token Price: 1 UMK = 0.1 USD
Fundraising Goal: 10,000,000 USD
Soft cap: 1,000,000 USD
Hard cap: 10,000,000 USD
Tokens for sale: 99,000,000 UMK
Total Tokens : 180,000,000
Know your customers (KYC) : Yes
Can’t participate: Seychelles
Currency Accepted: ETH, BTC
TOKEN ALLOCATIONS
CONCLUSION
UMKA Platform provides a direct connection between employers and freelancers without third party involvement, umka will utilise Agile smart contract for guarantee smooth and timely payments, it's a low service fee Platform, charges only 1% commission fee, umka also use EOS blockchain to improve speed and efficiency in the platform.
ROADMAP
CONTACT INFORMATIONS
AUTHORS BITCOINTALK USERNAME: Crypto11021
[BITCOINTALK PROFILE LINK:] (https://bitcointalk.org/index.php?action=profile;u=2116706)