Freelancers and the #blockchain: Reasons Why #decentralization of Payments is Long Overdue
▻https://hackernoon.com/freelancers-and-the-blockchain-reasons-why-decentralization-of-payments-
A study shows that nearly 6 out of 10 freelancers have had an experience with runaway clients that don’t pay for their work. And those clients that do pay end up delaying the payment for long such that by the time the freelancer receives the money, the value is less than what it was when the freelancer submitted the task.These and many other problems are attributed to the centralization of payments. With freelancing payments centralized, issues arise whereby the freelancer loses money to scrupulous clients. This is why many freelancers opt for regulated platforms that assure them of getting paid on time.This is where cryptocurrency comes in. You might know this as #bitcoin and Ether, which are some of the major types of cryptocurrency on the market. The use of cryptocurrency in trading (...)