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Digital Services Marketplace: Empowering Freelancers with Blockchain

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Digital Services Marketplace: Empowering Freelancers with Blockchain

Stellar

Overview & Requirement analysis

The Digital Services Marketplace is a revolutionary platform that empowers freelancers and clients through blockchain technology. This marketplace offers two distinct modes: Seller and Buyer, each catering to the specific needs of users.

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Techstack

TypeScript Tailwind Stellar WalletConnect Next JS DaisyUI HTML Prettier Figma

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Key Features

1. Two Modes/Roles: Seller & Buyer

The platform allows users to choose between two roles: Seller and Buyer. Sellers can post their service plans, while Buyers can post offers to seek services from Sellers.

2. Seller's Plans / Bids

Sellers can showcase their skills and expertise by posting plans on the platform. These plans outline the services they offer, pricing, and delivery timelines.

3. Buyer's Offers / Budgets

Buyers can post offers to express their requirements and expectations. Offers include project details, budget, and any specific terms.

4. Blockchain-based User Authentication

The platform ensures robust security through blockchain-based user authentication. User identities are protected, ensuring a safe and trustworthy environment for all participants.

5. Stellar Smart Contracts for Delivery Competition

Smart contracts are utilized to facilitate fair competition among Sellers. When multiple Sellers bid on the same offer, smart contracts automatically manage the selection process based on predefined criteria.

6. Automated Token Exchange on Plan Acceptance

Upon a Buyer's acceptance of a plan, an automated NFT is generated on the Stellar Blockchain. This NFT works as a contract, governing the terms and conditions of the project, ensuring transparent and secure transactions.

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How It Works

  1. Sellers register and choose the Seller mode to post their plans.

  2. Buyers register and select the Buyer mode to post offers for the required services.

  3. Smart contracts manage the competition between Sellers vying for the same offer.

  4. Upon the Buyer's acceptance of a plan, an automated smart contract is created for the project.

  5. The project proceeds, and upon successful completion, the smart contract ensures timely and accurate payments to the Seller.

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Benefits

  • Enhanced Efficiency: The platform streamlines the freelance process, reducing manual interventions and enhancing overall efficiency.

  • Fair Competition: Sellers have equal opportunities to secure projects through transparent and automated bidding. This approach ensures fairness for buyers as well.

  • Secure Transactions: Stellar Blockchain (XLM) technology ensures secure and tamper-proof transactions, building trust among all users.

  • Authenticity: Blockchain-based user authentication eliminates fake accounts and duplicate accounts, enhancing the authenticity of users. We'll use Stellar wallets for user authentication, including Albedo, Lobstr (Wallet Connect V2), and Rabet. In the future, we plan to implement Google Mail login and Facebook login-based Stellar Wallet systems as well.

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Future Developments

The Digital Services Marketplace aims to leverage blockchain's capabilities further by introducing a decentralized autonomous organization (DAO) model for platform governance. This will allow stakeholders to actively participate in decision-making processes and shape the platform's future.

Join us in embracing the power of blockchain to revolutionize the freelance industry!

For more information, check out our GitHub repository.

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📜 Credits

Arnob Dey

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Biplob Kumar Sutradhar

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Md. Zonaid

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