The future of recruiting is here, and it’s powered by the blockchain

Technology is growing at a furious pace. In the last decade, we have experienced the rise of artificial intelligence, more conversations and initiatives towards a greener atmosphere, better electoral systems and several others.

However, the one that has seen the greatest impact has been blockchain technology.

Unceremoniously introduced by the Bitcoin network, the decentralized ledger system has continued to disrupt several key industries beginning with finance, real estate, medicine and healthcare, gaming, entertainment and the internet.

Blockchain technology is now changing the very face of how employers and employees will relate in the coming years.

This change is coming into the freelance space through DeeLance.

Say hello to decentralized freelance space

There are over 1 billion freelancers worldwide. This is a move from today’s global workforce of 3.5 billion people.

The 1.1 billion people employed on a contract-by-contract basis represent 35% of the global workforce engaged in an independent framework.

With the use of telecommuting, more people can take on more job roles across related industries.

This has since spurred researchers to increase the freelance workforce by 65% ​​in the coming years.

While the industry is growing rapidly, it has largely stagnated when it comes to increasing the welfare of freelancers and largely providing employers with verifiable talent. This deadlock is being changed as we speak.

A new fast-growing blockchain project focused on the freelance industry is now in effect.

Called DeeLance, the protocol is a freelance and recruitment platform based on the ethos of Web3.

The innovative platform is decentralized and aimed at changing how freelancers get work and employers find talent for their industries.

DeeLance is the first of its kind in a fast-paced crypto marketplace and aims to radically change the freelance ecosystem as a whole.

To do this, DeeLance provides a comfortable landscape where freelancers can get the perfect roles without paying exorbitant fees compared to their Web2 counterparts like Upwork and Fiverr.

Focusing on the commission freelancers are charged on these platforms shows why DeeLance is the future of recruiting.

For example, on the DeeLance platform, users pay only 2% commission, the lowest fee in the industry.

There is also a competitive 10% freelancer fee which places it among the best names in the future of work. However, this is where the similarity ends.

To withdraw income, freelancers do not have to fight against traditional banking systems. Instead, they get instant crypto payouts without hassles and withdrawal limits.

This way, anyone can get and earn from DeeLance without going through the hassle of submitting their details to a third party payment infrastructure.

User ownership is the new norm

One thing that many have come to associate with the Web3 movement is its focus on properly rewarding the real value creators who are Internet users.

This ideology abounds at DeeLance as freelancers get to keep their work until the employer fulfills the agreement.

To interface on the DeeLance platform, the employer stores the necessary funds for the project in an escrow system that acts as a smart contract.

Once the freelancer completes the task and submits, the funds are released to their online crypto wallet if and only if they meet the set metrics.

From there, the freelancer transfers ownership to the employer, which is duly noted. This gives power to value creators instead of employers.

The platform’s valuable tool, DLANCE, pleases many investors. So far, the digital asset has already secured over $71,000 in pre-sales after launching less than two weeks ago.

Aside from the obvious utility of being a network and an active resource, DLANCE will play a crucial role in DeeLance becoming a non-fungible token (NFT) and metaverse-powered freelance marketplace.

In this way, users will be able to apply for jobs in virtual worlds, and business owners will be able to create value in real time with this teeming workforce.

Buy $DLANCE here

^{Disclaimer: The Industry Talk section contains insights from crypto industry players and is not part of the editorial content of Cryptonews.com}