While the Freelancer market is booming, one fundamental problem remains, which crypto jobs platforms, such as laborx.com, are trying to address: the problem of payments. In the case of
freelance platform Laborx, the security of user funds is at the forefront of the experience on the site. Funds are deposited into an escrow smart contract before the freelancer starts working, giving him the assurance that he will get paid upon completion of the job.
Getting paid, and getting paid on time for work that has been delivered is still an issue freelancers face too often.
Certain freelance platforms, which we will review below, leverage the power of blockchain technology, and Bitcoin more specifically, in order to provide the guarantee, to the freelance workers that frequent and use their platform, that they will get paid on time for the services that they provide. The preferred currency of these platforms is Bitcoin, which means that freelancers, upon finishing a job, can get paid within a few minutes (one confirmation on the Bitcoin Network is approximately 10 minutes).