BoonTech - Revolutionizing Job MarketPlace using Blockchain

Present job marketplace platforms are overlooking the behavioral patterns of users and leave out essential data to increase the capability and efficiency of the platform, decreasing the ROI of all parties involved. Issues with the current marketplace-

1. The huge 1.4 trillion job marketplace economy is dominated by a few corporations. They exploit millions of professionals by charging an insane 20% service fee for using their centralized platforms.
2. Identity theft of all users makes this legacy platforms so insecure.
3. Archaic review system and influx of fake reviews shortchange talented professionals and makes it difficult for entrepreneurs to find the best hands.

Boon Tech aims to become the world's first Artificial Intelligence powered job marketplace to utilize the massive computation power and data analytics to gain valuable percentage points of accuracy, giving our users a much higher ROI compared to a traditional platform. Boon Tech is a decentralized platform and collection of smart contracts forming a decentralized job marketplace. Within this framework, the benefits of AI become a global commons infrastructure for the benefit of all involved parties.

Artificial Intelligence, combined with IBM Watson's Big Five "intrinsic needs" to infer and match the finest professionals on the planet. Boon dynamically eliminates the language barriers, allowing corporations, entrepreneurs and professionals to increase productivity, all without any Blockchain fluctuations

The platform will provide a mechanism to ensure that, upon agreement, sufficient money is kept in escrow so the freelancers have a safety net as well as Entrepreneurs unless there are disputes, in which case the platform will offer conflict resolution methods. With the issuance of the BOON Token (BOON), we create a Users-as-Stakeholders network, allowing the behaviour of the platform to become aligned with the interests of its users. A benefit of this model is the network effects it creates. Just as Facebook shifted our social attention to build network effects on its closed platform, the BOON Token will leverage our economic attention to build the network effect of an open platform.

The Boon Tech community provides the following services to its members:

1. A secure platform for freelancers and Entrepreneurs to find talent and jobs.
2. A means to get high-quality service and a committed user base.
3. Free payments.
4. Rewards for engaging in the platform (distributed as Boon Coins)

Advantages of Boon

• Artificial Intelligence Powered Talent Matching Algorithm
• Artificial Intelligence protects the identity of Users
• No language Barrier using AI powered technology
• Stable Platform without Cryptocurrency Fluctuation
• 100 times faster than Ethereum platform
• Secure Escrow System

BoonCoin
Boon Coin (BOON) is the fundamental unit of account on the Boon Coin blockchain. All other tokens derive their value from the value of BOON. Generally speaking, BOON should be held for short periods of time when liquidity is needed. Someone looking to enter or exit the Boon Tech platform will have to buy or sell BOON. Once BOON has been purchased it should be converted into Boon Dollars (BD) to mitigate the impact of dilution over the long-term.

Boon Coin recognizes that the value of all user participation is greater than the sum of the parts. A single participant is worth next to nothing, but millions of participants working hard to the success of the platform are worth billions of dollars. A single participant provides little quantitative value, but having millions of users is a very effective strategy.
Because everyone benefits, everyone participates. People are less likely to abandon the platform, unlike all the current fiat currency-based platforms, because of the transaction fees. In other words, no individual user should be expected to pay for anything, but instead should be paid for everything they do that brings value to Boon Tech Platform.

In the search for hiring the best talent, entrepreneurs have been so focused on who should pay that they missed the obvious reality: everyone benefits from each other’s contributions, so either everyone should pay or no one should pay, depending on how you look at it. Boon Tech platform bypasses micro-payments completely because when an Entrepreneur hires and pays a freelancer, all parties involved (the Entrepreneur, freelancer and the community) get the benefit.

Roadmap

for more information visit-
Site : www.Boon.vc
Twitter : www.Twitter.com/BoonTechUSA
Telegram : https://t.me/booncoin

Author by: thiokoentjoan123

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