Coinlancer – Here is how it works and how to take initiative as a freelancer!

Changing the traditional ways of freelancing, Coinlancer is a whole new initiative working on a decentralized Ethereum platform and best suited for new freelancers and jobseekers. Crypto service providers specializing in Blockchain development in Kolkata, say; this is a whole new form of system operating on blockchain technology and every detail is encrypted taking data safety to the next level.

Coinlancer – What makes this platform so special?

According to a Blockchain development service provider in the industry, Coinlancer offers the right opportunity to move on with freelancing embracing blockchain technology. Coinlancer is a safe and secure Ethereum-based freelancing platform best suited for aspiring freelancers and job seekers. This freelancing platform allows freelancers to connect with their clients remotely through smart contracts.

This Ethereum-based platform is best suited for the jobseekers as the clients post new job opportunities which are created in CL (Coinlancer) token once the rules and parameters set in the smart contracts are met accordingly. Based on Ethereum smart contract, Coinlancer is now the most accessible freelancing platform available.  Freelancers and clients are both benefitted from the platform as the accounts or their identities and transactions are totally encrypted and made comprehensible.

Coinlancer can help the jobseekers and the clients by –

•    Helping remotely connect freelancers and clients through the contracts.

•    Allowing clients to post new job opportunities and let the jobseekers avail them accordingly.

•    Allowing making payments for a job in CL token when the set parameters are met on the smart contract.

•    Being the most accessible freelancing platform made on the Ethereum platform.

•    Offering payment security, transparency, and subjective dealings.

•    Helping access transactions and encrypt them.

This freelancing platform can be used independently by industry professionals to create profiles, share every work portfolio, and communicate with potential employers all at a single platform. Freelancers of entry-level and expert level can be sourced by the organizations on this Ethereum-based platform.

The work process of the Coinlancer is kept simple to understand –

Blockchain development in Kolkata is soaring to new heights and the same is happening with blockchain-based freelancing platforms like Coinlancer as well. The working principle is kept simple and Coinlancer embraces blockchain technology to help the freelancer connect with the respective clients to get their desired jobs.

However, there are certain work conditions that are met before offering jobs on the platform –

•    Terms agreement: Since the platform function both as a client and a freelancer, there are certain procedures to be followed; to offer a job the client needs to agree with the terms of the platform and then only can post their projects on the platform. The projects can be accessed by millions of users or jobseekers.

•    Fund deposit: For increased security and transparency the processed funds are deposited into an escrow account. This further helps in gaining the trust of the freelancers and helps them proceed as well. Once registered on the platform the freelancers are now able to bid for the projects posted online by the clients, and the freelancers have to complete work as per client requirements.

•    Project delivery: Once the freelancers are finished with their work, they have to deliver their work to their respective clients on the platform. On submission, the clients will then review the completed project and evaluate it as per the set criteria and standards. Only on a successful evaluation, the clients will approve projects completed by the freelancers.

•    Project approval: Once the projects are approved by the clients then only the keys to the funds will be released. However, keys to the funds have to be associated with the Coinlancer escrow account only.

•    Funds disbursement: On successful key generation and release by the clients, Coinlancer will release the designated amount of tokens to the respective freelancers through different payment gateways or portals. The payments released will only be directed to the addressee associated with Coinlancer.

The ultimate result of Blockchain application development tokens is basically a digital asset that runs on pre-existing blockchain like Ethereum which is a blockchain holding native token like Ether. However, Coinlancer is a revolutionizing platform that offers new opportunities with multiple coins and exchanges helping take the right decision at the right time.