Decentralised Freelancing using Ethereum Blockchain

Abstract

Ever since peer to peer transaction paradigm was implemented, there has been a certain belief that it can be used effectively in the commercial sector. The freelance economy has witnessed massive growth over the years, while India is the largest freelancing market with over 10 million freelancers. Freelancer is the person who works under different employers to earn money, with no assurance of long-time commitment to a particular employer. There are multiple centralised freelancing websites present but the problem with the centralised system is that it can be manipulated. In these platforms, freelancers and employers are dependent on the third-party for payment contracts. Hence, we are proposing a decentralised system based on public Blockchain Ethereum to resolve the issues generated by the third party. The proposed system will have peer to peer transaction using cryptocurrency and peer to peer reviews on the distributed ledger of Ethereum.