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Transparent Reputation and No Fees: Humans.net Launches an Improved Blockchain-Backed Freelance Ecosystem

November 19, 2018

NEW YORK--(BUSINESS WIRE)--Nov 19, 2018--Humans.net, global peer-to-peer freelance network has embraced AI and blockchain in order offer individuals and companies an immutable reputation-based scoring system. The company also plans to distribute 25% of all advertising revenue to its active users.

We live in a time where massive search engines have a monopoly over internet search data and freemium providers are able to collect, analyze, monetize and redistribute users’ data to third party companies as a way of generating enormous profits. Paradoxical as it may seem, users’ data is not being used to improve the capacity of search engines and this hinders the development of social communication. Social communication that is often needed for solving daily tasks, such as chores, or establishing work relationships.

Humans.net intends to solve this misapplication and inefficiency by merging blockchain technology with AI in a decentralized peer-to-peer network to create a platform that will serve people and help them connect on the basis of trust.

“Existing online platforms have pricey membership fees or high commission charges. Their search processes are time-consuming and complex payment systems create barriers and deter people from using them. Humans.net turns this around and completely recreates how people work with one another and utilize services” said Vlad Dobrynin, founder and CEO at Humans.net.

Today finding the right person for mundane tasks like scheduling a delivery or having your plumbing fixed has largely turned into a cumbersome process of communication with intermediary organizations that hire specialists, who would otherwise have been working as freelancers. The abundance and complexities of many freelancer platforms on the internet have only harmed the freelancers, as clients are often perplexed and discouraged by the intricacies of the platforms and their cleverly embedded fees.

This is the shortcoming that Humans.net seeks to resolve and the team is currently building the world’s largest trusted decentralized peer-to-peer network backed by AI, DNA-based verification systems and blockchain technology. The system catalogs the skills, knowledge and contributions of billions of humans, effectively serving as a global resource bank for all people and businesses around the world. Unlike Google, which searches for information, Humans.net searches for people and enables users to improve the way they relate to each other in a countless number of peer-to-peer markets ranging from insurance to plumbing services.

Humans’ DNA verification system is supported by a blockchain database that allows each platform user to identify an individual by their digital fingerprint, verified references and proof of work left by other users. The DNA verification system will be used to cut out middleman service providers and time consuming background checks.

Users of Humans.net are provided with the opportunity to connect with millions of people and showcase their abilities without having to shell out hard-earned cash on commissions paid to recruiters and job placement personnel. The company desires to serve as the facilitator of peer-to-peer interaction within a wide array of decentralized digital marketplaces and the team has been diligently working on the project since 2016.

After successfully completing an initial trial run across four US states, during which the platform was joined by over 200,000 users, Humans is moving into the next phase of development by offering its native Humans GEN token by Q2 of 2019. The token is an integral component which allows the platform to launch new features and operate at full capacity.

More details about Humans.net can be found at Telegram news: Follow Humans on Twitter: Follow Humans on Facebook:

View source version on businesswire.com:https://www.businesswire.com/news/home/20181119005144/en/

CONTACT: Maria Davis

media@humans.net

Humans Net, Inc.

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS TRANSPORT OTHER TRANSPORT COMMUNICATIONS PUBLIC RELATIONS/INVESTOR RELATIONS

SOURCE: Humans.net

Copyright Business Wire 2018.

PUB: 11/19/2018 03:00 AM/DISC: 11/19/2018 03:00 AM

http://www.businesswire.com/news/home/20181119005144/en

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