Smart Quorum
A blockchain talent marketplace, collaborative development and audit platform
With the ever increasing opportunities and solutions from current and emerging ICO companies, there is indeed no doubt that the digital world is continuously improving with each passing day. When the blockchain technology started to grow it brought forth a new revolution that widened the horizons of how we communicate and transact. Big giants such as JP Morgan Chase, IBM and Mastercard are exploring the vast opportunities of the blockchain technology. This highlights the fact that blockchain has brought great benefits ever since.
One interesting area in the blockchain technology that many is trying to work out to is the smart contracts. This is best described as a provider of distributed trust-worthy calculations. Smart contracts are interesting ways of ensuring autonomy, cost-efficiency, trust and security to all interactions done within a platform. These interactions refer to users, businesses and partners sharing the said platform.
Smart contracts deal with digital documents, freelancers, distribution of royalties, logistics, supply chain, benefits of employees and other interactive and calculative activities that could occur inside a digital platform.
With the sudden rise of smart contracts in the blockchain technology, the need for talents in the crypto world increased to match the growing demands as well. Problem solvers are now highly needed. With this problem in mind, the team of Smart Quorum started a blockchain talent marketplace and a collaborative and development platform that helps blockchain-based businesses get connected with professionals and colleagues to help solve a problem or two.
Smart Quorum is described as “blockchain talent marketplace, collaborative development and audit platform” by the team. The team aims to make Smart Quorum a support platform for businesses who are in need of well-engineered smart contract blockchain technology projects with zero tolerance to errors yet does not have enough manpower to do so.
When businesses are starting a smart contract project, a few of the factors they consider during the planning stage to make the project a success includes:
• To seek professional blockchain technology professionals or in-house talents
• To outsource talents from other companies
• To hire or lead blockchain development freelancers
• To make use of smart contracts contractors
These factors greatly depend on the complexity of the project at hand. What the team of Smart Quorum wants to achieve is to help support businesses in ensuring that the factors laid above will be met through the Smart Quorum platform where services for blockchain development, competent blockchain professionals and a trust-worthy source of blockchain knowledge is readily available.
Smart Quorum believes that even the best programmer could miss a code or two but with the participation of the community, which has participation incentives based on bounty programs, the quality assurance and checking process will be more tight thus eliminating chances of mistakes and faults.
The Smart Quorum Architecture
The Smart Quorum platform involves the interaction of three main entities inside it – the project initiator, the task given and the contractors.
The above diagram shows the typical interaction of the three entities. The project initiator is the one giving out tasks such as smart contract development or auditing. The tasks will then be laid out with all the needed information such as its complexity, rewards, and terms of work. Lastly, the contractor includes developers and auditors who will be ones working in the tasks given.
The diagram below shows the overall interaction of these entities. Smart Quorum utilizes the Square platform for its resolution of tasks.
Smart Quorum Platform Economics
The main goal of Smart Quorum is to improve the crypto community and services available through the use of community-based interaction initiatives. Thus it is highly important to maintain standards in terms of costs and fees and quality of projects. The platform envisions clear and harmonious dealings among members.
Smart Quorum listed their coin circulation diagram of the financial assets to lay project costs equivalent to complexity, proper compensation standards equivalent to labor costs and show transparency to the payment system for contractors and contributors.
SQR represent the digital currency of Smart Quorum.
Smart Quorum Roadmap
With respect to the preparations the team is currently doing, Smart Quorum is currently on its second phase in its roadmap.
Smart Quorum Coin Specifications
Max coin supply: 25 000 000
Pre-selling of coins ends in: July 1, 2018
First POS block: 100
Block time: 60 seconds
Max block size: 3 MB
Staking age: 4 hours
Ticker: SQR
1 SQR price: 1 USD
Are you ready to be a part of this project and help improve and develop the crypto community...
For More Information:
Website: https://smartquorum.com/
Twitter: https://twitter.com/SmartQuorum
Facebook: https://www.facebook.com/smart.quorum
Telegram: https://t.me/smart_quorum_official
Author: vespa panjang
MyEthAddress: 0x73d704F72440F0dDA507ADb95C22c2901bDB134B
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