Trust Ledger
  • Overview
  • Introduction
    • What is Freelancing
    • Problems & Solutions
    • Vision
    • Platform
    • Token
  • Fundamentals
    • Features
    • Security
  • Roadmap
    • Phases
      • Phase 1: Platform Launch
      • Phase 2: Decentralized Governance
      • Phase 3: Cross-Chain Functionality
      • Phase 4: Advanced Features and Enhancements
      • Phase 5: Global Expansion and Ecosystem Growth
  • FAQ
    • Frequently Asked Questions
  • Guidelines & Policies
    • Community Guidelines
    • Terms of Service
    • Privacy Policy
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  1. Fundamentals

Features

Trust Ledger offers a range of features designed to enhance the freelancing experience by leveraging blockchain technology. Key features include:

  1. Decentralized Marketplace: Trust Ledger operates as a fully decentralized freelancing platform, enabling freelancers and clients to interact directly without intermediaries. This structure reduces fees and ensures a more transparent and efficient process.

  2. Smart Contracts: All agreements and transactions are managed through smart contracts, which automatically enforce the terms of contracts and handle payments. This eliminates the risk of disputes over payment and ensures that funds are released only when the agreed-upon work is completed and approved.

  3. Escrow System: Payments are held in escrow until the client confirms that the work meets their requirements. This system protects freelancers from non-payment and assures clients that the work will be completed before funds are released.

  4. Decentralized Dispute Resolution: Disputes between freelancers and clients are resolved through a decentralized voting system. The community participates in resolving conflicts, ensuring impartiality and transparency in the resolution process.

  5. Reputation System: Trust Ledger features an on-chain reputation system where all transactions and reviews are recorded immutably on the blockchain. This provides a reliable and transparent record of a freelancer’s performance and client satisfaction, helping users make informed decisions.

  6. Low Fees: The platform operates with lower fees compared to traditional freelancing platforms, particularly when using the Trust Ledger (TL) token for transactions. This reduces costs for both freelancers and clients.

  7. Token Utility: The TL token is used for payments, governance, and staking. Token holders can participate in platform governance, vote on proposals, and earn rewards by engaging in the decision-making process and dispute resolution.

  8. Cross-Chain Compatibility: Future plans include expanding the platform’s capabilities to support transactions across multiple blockchain networks, broadening its accessibility and functionality.

  9. Security and Privacy: All transactions and agreements are securely recorded on the blockchain, ensuring data integrity and privacy. The platform does not collect personal data or IP addresses, aligning with stringent privacy standards.

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Last updated 6 months ago