Welcome to The Cryptographer’s lair once again. Join me as we dig deep to decipher another brand new blockchain project!

In Brief (the section for those too lazy, or busy, to read on)

BlackBox is a project with a big vision to change the way people work in this new phase of the digital age; the BlackBox platform is a solution to allow the management of individuals, teams and organizations within a decentralized blockchain system. It is a natural evolution from the traditional work management process, but with more of a focus on serving the new generation of entrepreneurial-minded digital contributors and professionals.

Blackbox is set to eliminate the problems present in the conventional way contracts are handled and executed. The pressing need to update the way work is conducted, especially in our rapidly changing technological climate, is the primary force driving this platform.

Organizations will efficiently be able to find talent to execute their projects, and young talented, innovative minds are provided with a medium to facilitate their innovation. Blackbox makes use of their ERC20 BBOS tokens as the primary medium of exchange with which contributing organizations and team members will use in transacting. This means that transactions are secure and efficient.

Blackbox is building a decentralised network to truly empower the new generation of skilled workers who wish to network and cooperate in an effective manner.

What are the specific problems BlackBox are looking to tackle?

One of the vital problems BlackBox had identified for change is the limited use of human potential under current work mechanisms. Traditional organizations’ inflexible daily routine makes it difficult and tiresome for workers to maximize their potential, as factors such as strict working hours, job stresses and menial responsibilities take much of their time. In addition, there is no effective network or ecosystem specifically designed with the new generation of flexibility and freedom-valuing skilled worker.

Traditionally, individual team members are not provided with the right tools and platform to express their layers of potential, as they are only allowed to perform the task to which they are assigned. Moreover, the strict and limiting framework of the current working system makes it hard for innovators to bring their ideas to life; they don't have the necessary resources to act on their vision, and their idea is therefore ultimately postponed or abandoned. Blackbox, however, are looking to provide such innovators and skilled professionals with a cutting-edge solution to a new way of working.

How does BlackBox intend to use blockchain to solve these issues?

(From the BlackBox white paper: https://docsend.com/view/zn2axya)

BlackBox is set to change this problemed traditional working system by first changing the operating structure of organizations and project teams. The platform promises to reconstruct the traditional way companies operate and reshape work mechanisms to turn the work process into a more enabling, rewarding and fulfilling experience- which will accommodate the growth and development of individual and group potentials.

Furthermore, the BlackBox ecosystem provides the tools and resources required by distributed teams to improve output and innovation. The utilisation of blockchain as the base layer of the platform makes it more accessible and open, yet secure as data is accurate and inaccessible by unauthorized personnel. The platform’s inbuilt BBOS tokens are used for efficient and secure transactions, and organizations are able to effectively find a broad range of talents, access tools, network, and communicate to execute projects in a much more effective and beneficial manner than before possible.

Meet the Team

The founding team members of BlackBox are notably impressive, coming from an array of backgrounds as former executives, tech founders and technologists- and combined holding – from top companies such as Google, Apple, Microsoft, IBM and Disney.

This is truly such an all-star team I’d recommend checking out the website for more information if you’re interested- you can find descriptions of each member and a link to their LinkedIn.

(From the BlackBox website: https://blackboxfoundation.org)

The Cryptographer's verdict

I like the concept of this platform for many reasons, most notably not only because it creates a brand new open and decentralised avenue for young and talented innovators to build and showcase their talents, but also for organizations to effectively acquire their services.

The enabling of effective management of projects, through the BlackBox platform’s built-in innovative features and available resources, also caught my eye. BlackBox has many elements: as a marketplace, an industry, an organization, and an ecosystem.

BlackBox’s ground breaking vision to change the structure of start-ups and established organizations alike from the archaic model to a vastly improved modern digital mechanism of operation.

Read more about the BlackBox project at their website: https://blackboxfoundation.org/ and if you have any questions the best place to ask is their Telegram group: https://t.me/BlackboxToken

My Bitcointalk.org Profile (H4hire): https://bitcointalk.org/index.php?action=profile;u=2258977

Happy hunting!

PLEASE NOTE THIS IS NOT FINANCIAL ADVICE. YOU MUST ALWAYS DO YOUR OWN RESEARCH AS WELL AS READING OTHERS’ OPINIONS, ESPECIALLY IN THIS SPACE.