UMKA: Decentralized Labor Market

4 min readJul 12, 2018

Learning to improve quality and self qualification and then find a job to earn income to continue life is the nature of human life since the first to survive. In the past, learning and finding work was done in a traditional and all-round way. Since the advent of internet technology and some technology supporting all these things and activities can be done very easily even just by sitting alone at home with your monitor kelayar can already get all that. Learning, reading news, finding a job and even doing money-making work can do.

However, there are some obstacles to consider, for example when you need to find a job you need a special portal that can provide all the needs you need to find a job and introduce yourself like your level of education, qualifications and skills. Moreover, the security in storing personal data becomes one of the important things in order not easily stolen by irresponsible parties. Here is a company that is holding ICO to raise capital from third parties in order to finance the platform development project which will provide services and solutions for the above problems. they call themselves with UMKA. Like what and how the platform they offer? Check out the explanation below.

UMKA offers a platform that will build an ecosystem consisting of freelancers and job seekers. All of them will work together in a profitable way. UMKA itself stated that they are not just a labor market only, in particular UMKA is an implementation of a more efficient project development and development of tools by teams using blockchain technology. Their platform will be a convenient place and space for cooperation between entrepreneurs and contractors integrated into the system.

For job seekers or casual workers will be provided a digital passport that can be used to store personal data including qualifications and expertise, work experience, even a list of certified courses ever followed by job seekers. The digital passport will be stored on blockchain technology that is clearly guaranteed for its safety. Thus, all interested parties within the ecosystem will be greatly facilitated in offering themselves or finding suitable workers in accordance with the required qualifications. Coupled with secure contracts using AgileSC technology (Agile Smart Contracts) where the contract is useful to help make payment deadlines for any existing project. Considering any project that appears is certainly a long and difficult project that needs help from the contract to make it easier. Below are some points as a summary of the UMKA platform.

1. GNMT (Google Neural Machine Translation) is a translator engine from google that integrates with UMKA chat engine that will allow everyone from different countries to interact and communicate freely.

2. Online courses from the world’s leading universities will be available on their platforms and each result will be stored well in digital passports.

3. The goal of UMKA itself is to form a community of experts and provide them the best container for employment, education, and self-development.

4. UMKA will own and offer tens of thousands of freelancers with the required level of competence and are neatly tied to their respective digital passports to entrepreneurs.

5. UMKA provides access to thousands of projects, vacancies, testing systems and training programs from leading educational institutions in the world for casual workers.

In other words, UMKA provides all kinds of services required by all casual workers and employers to mutually cooperate. All systems provided even the level of security has also been secured by collaborating with blockchain technology. For those of you who are interested and feel their project needs to be supported in order to be realized soon I suggest to invest in this project. Below is a bit of information about the CIO details that they carry out.

Their tokens will be labeled with UMK tokens and sold at ICO at a rate of 1 UMK equal to 0.1 USD. ICo sales time span will end on 1 August 2018. As initial information that they have reached the minimum sales target of 1 million USD and is heading to the maximum sales target of 10 million USD with total token supply 180 million tokens UMK and many more bonuses and rewards to be earned for investors.

Quite a lot of information from aya about this UMKA project. For more information and more details you can follow their official links that I will share at the end of this article. Hopefully useful and thank you for visiting.

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UMKA: Decentralized Labor Market

Written by Gilang Permana