Distributed Marketplace for Freelancing

Abstract

In digital freelancing, businesses and organizations employ potential staff members under contract to complete certain tasks. Most current systems for freelancing are centralized. They are put into practice using client-server centralized systems. High fees for freelancers and their clients, unfair treatment of user accounts, inequity between clients and freelancers, payment delays, and weakened trust between clients and freelancers as a result of third-party platforms are some of the problems that arise from the use of centralized freelancing structures. In this project, we suggest a decentralized freelance system built on the blockchain. A decentralized freelance system is one in which the communication between independent contractors and their clients is not managed by a single platform. Our decentralized system is an Ethereum-based internet marketplace. Through smart contracts, it provides an innovative means for clients and independent contractors to communicate and collaborate. This study outlines the developed freelance system and illustrates its features, including job posting, bidding, employing freelancers, work completion, and project submission to clients. Since smart contracts provide money to freelancers as soon as the project is completed, there won't be any delays in payment distribution. Since no third-party platforms are involved that hamper any interactions between clients and freelancers, our method guarantees fairness and affordable transaction fees.