The latest Ripple tech supporter, Golance, is a freelancing platform that connects freelancers with potential employers.
Freelancing is one of the new global economy’s new facts. In a freelancing platform, a pool of experts offers their expertise to employers who need a job done well, quickly, reliably. It’s a marketplace for work and talent. GoLance is one of those platforms, and it enjoys an outstanding reputation among employers and freelancers alike.
One problem we find all the time in the freelancing economy is settling payments reliably. GoLance is moving ahead of the curve by adopting Ripple as a means of payment. This means that freelancers can be paid for their work quickly, cheaply, reliably, instead of waiting for days or weeks to have their efforts compensated, which is the rule in most platforms.
Ripple fits the bill exceptionally well when it comes to freelancing. Why? Because freelancing work is usually done at very long distances. India and Pakistan, for instance, are rich in content-producing companies that need people to write original content for them, but the creative talent is often far away in Latin America, Australia or other corners in the planet.
So payment is something or a problem because even the most straightforward task must be compensated by settling an international payment that takes time and is usually quite expensive. And this is exactly what Ripple does best: settling international payments in real-time and at very low costs.
GoLance is at the freelancer’s world forefront in this regard not only because of Ripple but because they’ve consistently tried to adopt the best possible technologies that guarantee the fastest payments. Payoneer, wyre, transpay, afex, tipalty, ofx. You name it, GoLance has been there before any other freelancing platform. And now, they’re part of the Ripple Net, so their advantage is even more substantial.
The platform’s technological savvy allows them to be a flexible online marketplace that boasts fast payment options for people working online, the freelancers, with low services fees.
The freelancing economy is a sign of the times every bit as much as blockchain technology, and cryptocurrencies are as well. They often go together hand in hand. There are several instances of blockchain-based platforms which promote freelancing work through cryptocurrencies and similar technologies. GoLance is not blockchain-based, but a centralized market place so it’s still not as advanced as it could be, but joining the Ripple Net is going to bring it forward to the front of things.
We like very much the idea of Ripple removing friction from freelancing. Freelancing allows talented people to be rewarded for their work while it gives employers access to a large pool of talent that they can’t find so quickly in a domestic environment.
Freelancing is disrupting the world’s economy every bit as much as cryptocurrencies. Maybe even a little more. So the combination of both things working in tandem is nothing short of intriguing, and it could be even more disruptive. We hope to notice how Ripple’s influence in GoLancer’s will make a positive difference for all those involved.
At press time, Ripple’s cryptocurrency, XRP, is changing hands at $0.411558 after going up by 3.8% in the last 24 hours.
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