INITIAL COIN OFFERING (ICO) 2.0
SECURE SUPPLY CHAIN SOURCING ON THE BLOCKCHAIN
What Does LinkChain Do?
LinkChain is all about connecting buyers and suppliers in order to quickly, safely, and easily conduct business together.
Linkchain is THE missing piece in the puzzle for many social media companies.
Take LinkedIn as a prime example: LinkedIn excels in three main areas: Job searches (permanent and contract), marketing and branding, and networking and connections (their original business model).
So, what is the missing piece?
The missing piece is in freelance work in quickly, safely, and effectively, connecting freelancers, to those that are searching for the services they provide.
And this is shortcoming of LinkedIn.
At present, there are three main reasons that stop these two parties being able to effectively conduct business together:
LinkedIn buyers are limited to identifying 1st and 2nd level connections A search for suppliers could yield 1000s of results There is no way to verify the supplier or to filter by capability and quality leading to problems of fraud and opportunity cost, where both buyers and suppliers spend too much time trying find each other.[size]
Because of this, freelancers and buyers tend to look elsewhere; they go to dedicated freelancing sites such Upwork and Fiverr. These are fine of course, except:
They charge up to 20% in fees, and their site audience typically circumvents the website to hire freelancers because of the fees, restrictions, and inconveniences posed by these sites
LinkedIn, Facebook, and Twitter therefore represent a $50 billion untapped revenue stream for suppliers and buyers.The Solution: LinkChain
LINKCHAIN is a Blockchain-based Platform that enables Buyers and Suppliers to interact and conduct business together on a safe and secure platform.Buyers will be able to quickly and safely search, find, and award contracts to qualified, verified Suppliers. Buyers mitigate risk as the Suppliers work will be guaranteed, and the Buyer will have to sign off on the work before payment is released to the Supplier. Suppliers will save a substantial amount of time and energy by only searching for Buyers, who are actively looking to source projects. This will eliminate fruitless fishing, and exploration expeditions.
The Buyers Solution
Buyers may securely search, filter, save, identify, screen, and award smart contracts to qualified Suppliers. Payments for each project are held in escrow until completion of the project, and will be processed via LINKCHAINs own cryptocurrency, LNK tokens. Buyers will input their sourcing requirements and include a percentage match that is acceptable for them. For example, 100%, will only return Suppliers who match their exact requirements; a 70% will match those Suppliers, who meet at least 70% of the requirements, etc. Buyers will rate completed projects from 1-5 and provide a short commentary regarding Suppliers performance. This rating and review will be immutable, but Suppliers will have an opportunity to comment on the Buyers ratings.
The Suppliers Solution
LINKCHAIN Suppliers will save an immense amount of time wit
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