International Labour Law & The Service Industry
Experts are now predicting that by 2025, work engagement and employment will be an on-demand service powered by the internet and the over 6 billion projected mobile devices connected to it. At the core of this new economy are app-based platforms connecting users to services or engaging them. Companies and individuals are increasingly dependent on these platforms to connect them to skilled personnel from anywhere in the world for short-term engagement. These engagements offer flexible working schedules, allowing users to properly match their skills to rewarding tasks. Fair labour standards set by the International Labour Organization ensures that there will always be a stable and efficient market for workers and employers, while protecting their rights. However, due to a lack of transparency and absence of coverage to include hours worked, these engagement platforms offer little to no protection for workers and service seekers.
Work Laws
Workers in this new economy often claim to be “their own bosses”. However, most workers rarely work independently as these platforms tend to mediate extensively between workers and clients, wielding power and control normally reserved for companies subject to labour laws.
Offering a solution to this problem, Sandra Polaski, Deputy-Director General of policy for the ILO said, “There is huge scope for governments to use technology for enforcing the new regulations. Most transactions on the gig economy are done via the internet and as such they can be tracked. These companies do need to contribute to insurance and other social contributions.”
How Smart Are Your Contracts?
When Nick Szabo coined the term “smart contracts” in 1996 while describing a “far more functional (computer protocol based contract system) than their inanimate paper-based ancestors”, little did he know just how swiftly his unwieldy vending machine user interaction analogy will be replaced by a frictionless system in just over a decade. Back then, the internet was still in its infancy and mobile phones were just starting to send SMS messages, however with the emergence of the Blockchain, this future is now at our fingertip.
Distributed across hundreds of thousands of computers, the blockchain’s tamper-proof technology is unlocking the true potentials of smart contracts through disintermediation, decentralization and immutability. Smart contracts on the blockchain do not need third-party interference or supervision to run and can only be executed when their programmed conditions are met.
The first smart contract to utilize the blockchain was Bitcoin, facilitating the transfer of agreed values from one wallet to the other which can only be validated when certain requirements are met. Bitcoin created the world’s first trustless contract, however, it could only offer basic support and its functions were limited to the currency use case. What was needed was a platform that would allow developers to write their own programs backed by contracts based on publically available, but immutable records. What was needed is a platform like the Ethereum network.
Ethereum was designed to allow developers program their own decentralized applications and contracts with uniquely individual values and identities. These smart contracts have been gaining widespread usage, serving as immutable escrows for peer-to-peer transactions especially in the service industry.
Disrupting The Service Industry
Leveraging blockchain technology and smart contracts, ConnectJob is a universal platform offering new ways to provide and secure services. ConnectJob aims to disrupt the gig service industry by becoming a worldwide leader through a decentralized platform for all jobbers and users to directly connect with each other based on geolocation. ConnectJob’s groundbreaking jobber system is a network of highly-skilled and qualified workers offering their services for blockchain assets from daily chores to shopping, maintenance, entertainment, training and leisure.
ConnectJob ICO
ConnectJob’s ecosystem was successfully test launched in Eastern Europe and is ready to be presented in major cities across the globe. To facilitate this launch, the platform is offering its token, CJT, to the public at 2,400 CJT per ETH. Tokens can be purchased using Bitcoin, Ether or fiat.
Pre-sale starts on 12/01/2017 to 02/11/2018, offering 20% bonus to all purchases. Sales have been capped at €37m.
For more information please visit: http://ico.connectjob.io/
Media Contact: media@connectjob.io
Suites 7B & 8B, 50 Town Range, Gibraltar / +44 203 936 2998
