There are a lot of people who wonder what blockchain is and why they hear about it in topics unrelated to crypto, such as PewDiePie’s recent news about joining a blockchain powered streaming service called DLive. Well, in layman terms, blockchain is a system or network that cannot only keep track of everything from documents to transactions but also acts as a platform that allows the exchange of value between multiple parties without a central authority. With that said, PlannerScape will utilize 2 blockchain systems – the integrity chain and PLAN Tokens.
PLAN Tokens are PlannerScape’s ERC-20 utility tokens that run on the Ethereum network. PLAN will be used for payments between users when outsourcing tasks, which will be updated in real-time to avoid any conflict between users and to establish trust in the system. Moreover, when payments go through – unlike other outsourcing platforms that charge 20-30% commission, PlannerScape will reduce it to almost 0%, making it ideal for all parties. Additionally, PLAN will allow you to enable extras, which are enhancements to existing functionalities and features, helping users become more efficient. Other than payments and extras, PLAN can also be used by users to pay their subscriptions for the PlannerScape platform alongside traditional payment methods, such as credit cards and PayPal.
The second blockchain system is the integrity chain. The integrity chain stores hash codes of reviews, ratings, profiles, and the additions or changes made to them. For instance, if a user leaves a review “Tom Davis did an amazing job designing my website”, a specific hash code will be generated. However, if the same user changes the above review to “Tom Davis did a marvelous job designing my website”, a separate hash code will be generated for this new version of the review, with a link to its prior version. The reason for this much transparency is that it is a core belief of PlannerScape to be transparent, but it also serves as a motivator for freelancers to work hard and maintain a professional behavior, as reviews will be visible to everyone, especially to users who are interested in outsourcing. However, freelancers will also be able to leave reviews about their customers, as it is fair for both parties to express their opinion about others and encourage users to be mindful of their behavior and maintain professional behavior. By storing hash codes instead of actual content on the blockchain we are able to achieve compliance with GDPR.
In summation, both blockchain systems, with their own purpose, enhance user experience and contribute to the evolving global workforce that is the future of work. For more information about PlannerScape, feel free to read our whitepaper or our lightpaper, which is a shorter and less technical version. You may also contact us at firstname.lastname@example.org if you have any questions. Lastly, do not forget to subscribe to our newsletter if you are interested in receiving frequent updates about our project.