The emergence of web3 platforms and their applications have created a lot of opportunities in the contemporary world. Blockchain transactions and their transparency make them credible even though they possess a volatile nature. The proper integration of blockchain transaction history in the system might create a democratic environment, where every user can check and verify the details and each one has access to the details anytime and anywhere.
Human Protocol is a decentralized blockchain ecosystem that connects businesses and workers at a global level. It is simply a decentralized labor market where complex jobs launched by the provider are split into simple tasks and distributed to the workers around the network without any outside personnel intervention. The rewards are distributed in the form of their native token $HMT.
What is Human ProtocolThe human protocol is a web3 labor market based on the blockchain system, it uses smart contracts to intermediate the connection between job provider and worker. the process of Human Protocol is simple yet effective in eradicating the intervention of third parties or agencies in the labor sector. This system ensures transparency and security for the workers since all interactions and transaction details are recorded in the blockchain system.
How does it workThe project launches different types of jobs and splits them into thousands of small tasks. This is then distributed to the workers or global contributors, later the successful completion of tasks makes the users eligible for receiving the native token HMT.
