How Blockchain Can Solve Major Problems for Gig Economy Freelancers

How Blockchain Can Solve Major Problems for Gig Economy Freelancers

Finance is a core aspect of any business. It’s also a frequent target when it comes to digital disruptors. There’s a reason blockchain has been a key component of so many fintech use cases that involve providing liquidity for businesses.

Earlier this year, Spera conducted more than 400 interviews across four continents with independent workers and the businesses that employ them. Time and time again, one key issue came up: It can be difficult to get paid on time, in full, and from a distance.

The problem stems from hiccups on the transactional side, including fiat conversion, changing cross-border fees, and client-worker communication issues. Blockchain proposes an interesting solution by effectively decentralizing processes to...






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