GSENetwork's smart contract implementations are everything we need to finally rid ourselves of greedy and costly middlemen. Many years ago, when bartering was still a huge deal, people never had any need for intermediaries, if you wanted something all you needed to do was meet up with someone that had that thing and give them something of equal value. That simple not intermediaries needed. However, as time progressed, money was introduced and human nature started to set in as people realized just how versatile money was, this led to trickery and disagreements. Middlemen were brought in to fix this issue but unfortunately, they introduced expensive costs into the transactions. We haven't been able to shake them off. Until now! and it's all thanks to networks like the GSENetwork.
The platforms public beta launch is coming soon then you can experience how innovative it really is especially for the sharing economy. In an economy that is tormented by so many issues with distrust. is a Proprietary & decentralized technology enough to bring back trust levels to where they need to be.
Let's Explore.
How does GSENetwork really work?
Let's use company X, a freelancer website where individuals and independent pros can meet and work on projects remotely. On a centralized system, a pro would need to sign up and agree to sign some terms and agreement document and then they would need to wait for months to finally get a paying job, some companies like freelancer even ask the professional to pay to be seen on the customers feed more and after all this he or she would need to pay an insane middleman commission fee immediately they get any work. Not cool!
Let's imagine is company X was built solely off blockchain technology, specifically GSENetwork - here's how the same process would go if say you needed a sleek logo for your brand-new business. All you'd need to do create a project for the platform, once submitted the platforms smart contracts would immediately get to work, the first one being an anti-fraud module that will check the employer's profile to analyze their data and credit rating to find out if they are legit or a scam. If it's discovered the employer is a scam they will be flagged, and their request thrown out, if however, everything comes out in a trusting manner, the request will pull through.
*Please note that the network will need you stake some GSE Tokens. Relevant freelancers will be informed of your request and you will get a confirmation if a freelancer accepts your job all thanks to a smart contract. This contract will define all the rules and govern the entire transaction in this case hold the payment to make sure everything goes according to plan. If for example the freelancer fails to deliver on their work the network will immediately issue a refund but if the transaction is successful as per the time stipulated the network will issue the payment. Through a trust score rating, employers with higher credit scores are most likely to be given the freelancers with the highest order scores, the reverse is true.
Conclusion.
GSENetwork has a great team behind it, a team that's focused of getting GSE to where it needs to be. Speaking of strategy, the company has already secured very some amazing strategic partners, these partners include some of the biggest brands in the world: Spotify, Telegram, Ofo and Airbnb as well as some very useful media partners: CoinTelegraph, Coinspeaker, NewsBTC and Inc - Southeast Asia. The company is already in the market and you can grab yourself some of the 19 billion GSE Tokens that are left.
According to coingecko the current price for one token stands at $0.006864 USD (This price was quoted on 14th August 2018 and is therefore subject to change)
GSENetwork will launch the company’s wallet 3.0 and DService platform in December 2018. The beta program of the public chain will be launched in 2019. This one will take some time because the company believes in getting right.
Additional information.
GSENetwork Website - https://gse.network/
GSENetwork's Official Whitepaper - https://www.gse.network/static/media/whitepaper.pdf
You can also find more updates about the company thanks to their social media profiles. Make sure you follow, they update them regularly.
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Disclaimer: This Blog is my own View and should not be taken as a financial advise by any means. Like in every other Investments opportunities, Please Do Your Own Research (DYOR)
