Review Payperblock Project

- August 27, 2018

OverView:

Payperblock platform connects the best blockchain talents with the most promising blockchain projects by offering a transparent and fair platform with lowest fees possible.

Leading the way for a smarter future, by connecting the right talents with the right jobs, so that every potential blockchain project has the best prerequisite to succeed. Our number one goal is to offer transparent and fair platform with lowest fees possible. It’s that simple.

Payperblock Vision:

Leading the way for a smarter future, by connecting the right talents with the right jobs, so that every potential blockchain project has the best prerequisite to succeed.

Lowest fees in the industry: All our clients on Payperblock, are charged only 1% commision if payment is made using PAYB, 2% with Bitcoin.
Transparent workflow: Our goal is to introduce complete transparency to the freelancing industry. Real time follow up enables totally transparent workflow and eliminates dispute.
Community based decision making: Both the clients and freelancers on Payperblock have access to a distributed dispute resolution process. Community based decision making process is democratic and fair.

How Does Payperblock Works?

Below are the problems noted. Increase in company liabilities: Items that are not used are reported as liabilities. As less and less customers are required, the company’s liabilities are gaining in importance and having a negative impact on the financial assessment. Low-performance loyalty program: this is due to the low use of grades, the company can not achieve the performance of the loyalty program, as expected. low productivity, how to set social costs for the customer and company.

Complexity of checkpoints: on average 29 programs are registered, different, so it is difficult to checkpoints and leads to the fact that the glasses expire. The profit will be provided by this platform. Both users and companies can use the platform chair. Users can score their points against Payperblock TOKEN SALE (PayB) or get your points at the Shop Point. Users get access to advertising through advertising channels for access to advertising by interested companies.

Payperblock with Wallet allows you to manage and integrate several partners simultaneously. The company has access to more customers, which allows you to quickly sell your products at the pointer. Replacing Models Payperblock companies help to effectively reduce your liabilities. Partners can promote greater loyalty to potential customers through the use of feed and stock allocations.

Payperblock Platform:

The complete architecture of the Payperblock platform is made from three most notable components, which are described below:

Database: To facilitate a freelancing platform that is pleasing to the users in terms of the offered user experience, it is important that freelancers are able to make employment contract queries in a rapid manner. Among others, the greatest benefits of using the blockchain technology to facilitate a freelancer platform are high-speed data flow and cost-efficiency. To mitigate this issue completely, Payperblock systems will safely store all the data in a database of company transactions, which will enable the system to get queried. The database will be developed by using a small portion of the ICO funding.
Interplanetary file system (IPFS): In the database and blockchain structure of the Payperblock platform, files will get stored in a distributed manner. IPFS provides a system to store large data files of transactions in a distributed manner to avoid the high cost of data storage in the Ethereum blockchain.
Payb Blockchain: To the whole structure of Payperblock, our blockchain serves as the backbone of the system. All the employment contracts are designed and deployed on Payb in the Solidity programming language. Furthermore, the technology used in the Payb blockchain is used for the purpose of creating and maintaining a distribution ledger of all Payperblock transactions. In this manner, the technology used in Payb allows for all transaction details to be distributed and then verified by the community in the Ethereum ecosystem.

Now, the Payb token is an ERC20 token. This indicates we are currently running on the Ethereum network. The distribution and transfer of Payb tokens are handled by the Payb smart contract, which is running on the Ethereum network.

The core of Payperblock’s project is the Payb Blockchain. We adopted Proof of Stake (PoS) which is a category of consensus algorithms for open-source blockchains that depend on a validator’s economic stake in the network. Payb Coin, an open source blockchain validated and secured by nodes in the network that run on the Payperblock Proof-of-Stake consensus protocol. In other to realize the agenda of Payperblock,Proof of Stake (PoS) was choosen for several dynamic reasons.