How Companies Like Meta are Getting in on the Blockchain Craze | HackerNoon

  • 📰 hackernoon
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

'How Companies Like Meta are Getting in on the Blockchain Craze' blockchain crypto

Hi Harjyot, welcome to our series “Behind the Startup.” Please tell us about yourself and the story behindI have spent the last decade working as technical lead across quite a few projects, primarily focused on utilizing AI in the finance & distributed computing domain. I also founded two successful ventures, building infrastructure to tackle misinformation, bias, and privacy issues.

The gig economy is growing. Microwork is increasing. The ways we work are changing, and HUMAN Protocol provides a new infrastructure to meet that change. All work tokenized, automatically parcelled out to global workforces, verified, and rewarded.Please tell us a little bit about the protocol and its underlying technology to support decentralized job markets.The Protocol is a permissionless software to facilitate the exchange of human work, knowledge, and contribution.

Key to Protocol is the trustlessness inherent to blockchain technology. By building a system in which the primary exchanges are automated, guaranteed by software, we paradoxically enable both workers and projects to have greater trust in the job markets built on top. Trust that their contribution will be valued and remunerated, and trust that work will be completed to a project’s desired specifications.

The pandemic specifically has opened up space for edge solutions to relocate to the center stage. As the ways we work, socialize, and live change, so must the ways we interact and connect. Increasingly, companies will look to blockchain technology to enter this space and be part of the new paradigm; one in which intermediaries do not yield all the power, but rather help manage the digital and dynamic relationships between distributed parties.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 532. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The future of KOINOS Blockchain. Built for everything.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines