Zoom Builds a Booming Freelance Marketplace with its Outsourcing and Project Management Platform

This aggregated story was originally published on this site. Follow the link in the word Story at left to read the full article.

Amsterdam – August 2018 – Zoom, the project management and global outsourcing platform, is utilizing blockchain technology to enable business relationships, project planning, and a secure payment system. The Zoom platform facilitates connections between freelancers and virtual companies by using a blockchain ID system, artificial intelligence, and smart contracts. Zoom is using the security of the blockchain to build an ecosystem that supports and simplifies multi-stage and multi-stakeholder projects, while providing an employment portal for virtual companies hiring freelancers. Virtual companies and individuals on the platform can post projects and request available freelancers they find through the employment portal. Freelancers can enter the portal and receive an overview of posted projects and businesses looking to hire those with relevant skills. When either party wishes to connect, a chat window appears and they can begin negotiating the terms of work. Using a unique milestone structure and what Zoom calls “Contract Trees”,