Unolabo Global Skillmarket

Unolabo Skillmarket is the platform where any person can act both as the customer, and as the contractor. Bargains are concluded without intermediaries (on the peer-to-peer model). The interface is optionally adapted for the users who are not able to read and write: video, a photo and the voice record allowing to tell in brief the user about the skill and also voice and video explanations of functions of service.

The Unolabo platform has the lowest commission amount of charges among indirect competitors. All payments are provided with the smart contract based on a blockchain, allowing users to make the international transactions.

In October, 2017 Unolabo announced Unolabo Global Skillmarket - a self-regulating market mechanism which will become a basis of a global marketplace of skills of people and safe P2P-transactions on the basis of smart contract technology ethereum blockchain. This complete solution is a step in the direction of poverty eradication in the world and activation of development of local economies. The platform provides users with information on those places in the world where at the moment on their skills the maximum demand and the maximum price and also will make cryptocurrency payments available to millions of users from around the world. By 2020, for 3 years, the company is going to cover 10% of the total number of active mobile users that makes more than 85 million people worldwide.

The imbalance in the world market of work is aggravated every year and, according to forecasts of experts, will reach a critical point by 2030. While some countries try to solve a problem of deficit of working resources, others are anxious with rise in unemployment. So, the second largest country in the world – India – cannot provide employment to 5% of the population, and these are about 65 million people. At the same time 77% of all population of India noted that any of family members has no regular income / salary.

The difference of demand and supply forces to be traded on labor market to the exchanges of freelance both behind job search, and behind search of contractors. It in many respects causes market growth – for the last 10 years the number of the employees signing provisional contracts and selecting remote work increased by 66%. For someone freelance is the only source to existence, and someone selects between work from office and an opportunity to work far off in the diagram, comfortable for himself.

The market of world freelance grows approximately for 15-20% a year and for 40% in terms of money. According to Staffing Industry Analysts in 2020 the market will make 16 billion dollars (according to the optimistic forecast – 46 billion dollars). According to the research McKinsey, by 2025 more than 540 million people will already work at the exchanges of freelance that will significantly improve a situation with unemployment in many countries. At the same time about 72 million will receive the remote jobs equivalent to full working contracts through services.