Advantages of using blockchain technology

Despite its amazing potential to transform the gig economy, most freelancers still don’t understand what blockchain can do for them. Here are a few ways blockchain will impact the freelance industry

Blockchain technology can...

• decentralize traditional networks and enable people to connect directly without the need for third parties. Doing so disrupts entire industries, lowers the risk of fraud, and eliminates record manipulation.

• cut out the middleman between service buyers and freelancers.

• provide greater security and better transaction records. Most importantly, it would save both parties from paying expensive service fees.