⏳ Over the past three years, 40% of the world’s population has shifted to online work.🫣 This transition, partly due to the increasing accessibility of the Internet and accelerated by COVID-19, has become the new norm for many, though some still find it unusual.
🧐 What distinguishes decentralized work from centralized work?
Centralization, a traditional model, is gradually losing relevance, binding employers and employees to constant connectivity. In contrast, the decentralized labor market offers a different approach.🙄
Decentralization has been evolving steadily, marked by significant advancements in IT technologies🚀. Statistics indicate a rapid growth in the free trade of labor resources🔝. People increasingly prefer not to be tied to specific locations⌚, tax regimes, or cumbersome paperwork📃. The rise of limitless communication means no more bureaucracy, intermediaries, or account freezes🗽.
🤨 What are the advantages of participating in a decentralized market over freelancing?
In a decentralized market, you benefit from smart contracts that provide clear guarantees, ensuring security and transparency📃. This includes features like distributed hosting and the use of cryptocurrency.
In essence, the centralized market is becoming a thing of the past⬇️. Economically, it’s less viable. Many centralized firms have realized that decentralization is the better option. Online outsourcing is both economical and highly productive, eliminating the need to cater to employee demands😉.
🤔 Are there risks associated with a decentralized labor market?
Of course, there are always risks. Issues like data recovery challenges and blurred responsibilities can arise. Vigilance is crucial!✋
David Sterry asserts that decentralization is unstoppable📈. In just a few more years, we might witness the partial or complete disappearance of centralized labor market branches📉, though not on an economic scale.
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