BLUE WHALE:The Rise of Gigantic Economy

The trend toward a gig economy has begun. A study by Intuit predicted that by 2020, 40 percent of American workers would be independent contractors. There are a number of forces behind the rise in short-term jobs. In this new era, the workforce is increasingly mobile and work. They can increase and be done from anywhere. That means that freelancers can choose among temporary jobs and projects everywhere. Then, the employers can find their best position of an employe for any projects just by one finger click. Rally in the job market now is increasing from day to day. We can see more fresh graduates and students involved in a part-time job and be freelancers. Freelancing is actually part of the 'gig economy' (temporary work economy) is an environment where temporary posts for self-employed are searchable. Gig workers are usually employed in food delivery or driving services, delivery item services, and as online tutors. In Malaysia, our government want to help jobless people actively by gig economy. Malaysia Digital Economy Corporation (MDEC) found some good platforms to help people earn more money by online business. They launched some platforms like eRezeki and eUsahawan. Then, gig worker is usually found in the transport services sector and delivery services such as Grab. Nowadays, many gig workers have been exposed to white collar work as in the medical field, finance and technology sectors. In the gig economy, the most important benefit that these professionals may get is the relaxation of working time and personal freedom. Actually, gig economy is related to the existing digital technology. So, those professionals can provide IT services or financial advice and consultation without leaving their home and it can be anywhere. For those in the medical field, professionals in the gig economy may get benefit from telemedical technology. As an example, they can monitor and talk to their patients through video conferencing. In the educational field, one of the great platforms that can be applied by educators or tutors through a gig economy is Snapask. Pupils can search some good tutors to help them do their homework or some difficult questions. In addition to this, pupils can improve their learning and do the work steps correctly. Tutors then will be rewarded by direct payments to their accounts based on the tasks can be completed. Hence, I found that the gig economy opens widely an opportunity to increase the productivity of the unemployed people to be a contributor to the country's economy.
The Economist magazine specified about 162 million people in America and Europe of the population in the working age has worked in "non-regular" areas in 2016, and half of them rely on self-employed as their primary income. Nevertheless, before engaging entirely in the economy of the gigs, there are some things that are reasonably considered. For example, gig workers find out themselves earning unpredictable income due to economic conditions or job market conditions. Initially, gig workers cannot enjoy the benefits like permanent job workers. They also may get low commisions for their work and do not have any retirement schemes.
Now the time!
Blue Whale make it different!
Blue Whale is located in Singapore with offices in San Francisco, Seoul, and Zurich. It has its own plans to build a decentralized ecosystem. So, self-employed will be able to settle their problems. In addition to this, they can learn and gain knowledge about the whole system. Then, Decentralized Associated Network (DAN) is a creative creation that enabling anyone to advertise for other services by their own software. Based on that, they also develop a Reward Bank (ReBA) to allow freelancers and self-employed to get paid time off, health insurance and pensions. The ReBA will include a Blockchain based decentralized ledger that will ensure transparent distribution of BWX coins, reduce volatility and maintain growth.

Another criteria in Blue Whale’s platform wants to create is a Contributing Activity Manager (CAM). CAM is a verification tool that allows users to earn more rewards in BWX coins when they help some verification approval process. The integrity rewards system will be maintained by smart contracts. CAM aims to be used as another great source for additional income. Freelancers will also be rewarded with the ongoing commitment to BWX all their performances toward them.
Besides that, I believe the project will fly high because they get some strong support from the ICON team. The Blue Whale token sale is to become the first great initial coin offering (ICO) on the ICON Blockchain and will be their decentralized application. Freelancers at Blue Whale’s platform will get some great opportunities by BWX token.They are able to use the BWX tokens for their payment and build up their business.