Amid the meteoric rise of the global freelance economy, entrepreneurs, creative nomads and independent teams are becoming a large majority of today’s workforce. As this new model for work develops, establishing productive working systems between contractors, businesses and talent becomes a key component to success.
For many businesses, managing the dynamics of an already dynamic ecosystem can seem arduous. The first place to start when designing a working system within such a dynamic environment is to address data points that must be verified as true for a working system to successfully function. These data points include worker’s level of competence, trust and likelihood of completing a job.
The startup Alehub may have a solution. Launched in 2017, Alehub is a blockchain-based digital platform that assists businesses in identifying and approving contract partners.
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Alehub is the brainwork of a highly qualified team of project managers and entrepreneurs working in conjunction with the Russian research university ITMO, one of the leading IT universities in the world. Alehub has also partnered with Serokell, the former developers of the cryptocurrency project Cardano, to develop the minimum viable product (MVP) version and begin their technical research development thesis, also referred to as a yellow paper.
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Alehub envisions that their platform can bring a newer and brighter future to human resources. The platform assists organizations with managing talent, assessing skills and formalizing contract agreements. The platform will also help facilitate reservations, payments, compensation and profit-sharing transactions.
Each of these functions uses multilateral smart contracts on the Alehub network. By using smart contracts through Alehub, organizations can assure greater safety and reliability and reduce costs associated with outsourcing professionals. With the inherent ability within smart contracts to automatically execute contracts, the project structure now exists that allows
