WorkQuest is an online Marketplace and decentralized Payment Provider

sharma765 (26)in #workquest • 3 years ago (edited)

Blockchain technology and its further innovations as DeFi and NFTs has made a solid impact on the economy and because of the benefits of blockchain decentralized system over current centralized mechanism, almost every field in the market is shifting on blockchain and DeFi technology to do peer to peer transactions without involving third parties and thus creating a fast, secure, anonymous and transparent environment to transact freely across the borders with very low transaction cost.

WorkQuest platform is the next level evolution of DeFi protocol that is created to provide access to all the latest DeFi applications & protocols on a single platform. WorkQuest is the best place for traders to do fast and secure trades. The team of this platform has lots of experience in the blockchain field and lays much emphasis for the funds security of users. WorkQuest DeFi Exchange would allow users to trade/lend/borrow various cryptocurrencies. It provides more liquidity and as such the orders are executed immediately. The users don't need to wait for longer times for trade execution and also with more liquidity there is little gap between buying and selling price of any particular cryptocurrency. That is more beneficial for both buyers and sellers. WorkQuest is a trustworthy user friendly platform which provides the best trading experience to its users. It has easy to use interface.

WorkQuest is the online Marketplace and decentralized Payment Provider connecting employers with employees anywhere in the world powered by Smart Contracts governed by DAO. This platform is much transparent and all Governance features and procedures will be published openly to ensure that everyone has access to all the information. There is no chance of hacking or manipulating the data. this will keep the authenticity in the work field and the perfect matching of employer & employee is possible on this platform. The payments are done via smartcontracts and in a trustless environment. The transactions are peer to peer without involving third parties. The executed financial transaction is always present in an online ledger on blockchain for authenticity.

WorkQuest platform is community oriented and all management functions will be transferred to the community within the next 3 years. The community of this platform is having voting power and all the members are stake holders of the platform. Being a member of this growing community, you can earn good rewards and interest income by using the DeFi applications and protocols of the platform.

WorkQuest will have Mobile Applications making available working anywhere and use its own Work Net Blockchain and Wallet.The best wallet to store, send or receive crypto assets as well as Fiat currencies. The holder of this wallet is having full control of his assets and the data is not shared with third parties. This wallet is safe and the private key& login details are stored with wallet holder. This platform is operating all around the world without any boundary limitation so the users of the platform can send or receive crypto or fiat currencies across the boundaries without any obstacles.

WQT is the native token of the platform. All the applications and protocols of the platform are backed and insured by WQT token. This token is paid as reward for several activities such as referral commissions, Liquidity mining and for paid services on WorkQuest. This token is created for WorkQuest DAO management to work perfectly. WQT is used as Collateral for WUSD.

WUSD is Algorithmic stablecoin which is issued when the smart contract between the employer and the employee is created. WUSD is used for payment between Employer & Employee. It is used in P2P insurance & Retirement saving programs. You can exchange WUSD into Fiat currency and withdraw it into bank card.