Project Information

SafeWorkPay is a freelancing platform for IT projects and coding tasks. It uses Blockchain and AI technology to make sure clients and freelancers have a secure and fair experience.

Here's how it works:

• Blockchain handles all payments, so transactions are transparent and secure.

• In Case of Dispute AI checks the code submitted by freelancers and check the completion percentage of the project.

• This approach helps avoid the common problems with other platforms, like high fees, payment delays, biased and manual dispute resolution.

Submission Information

Problem Statement

• Freelancing platforms often face payment disputes and trust issues.

• Clients may withhold funds even when work is completed.

• Developers may fail to deliver after receiving payment.

• These issues discourage honest participation and reduce efficiency.

• There’s a need for a secure, transparent, and fair system to build trust between clients and freelancers.

Solution Overview

• SafeWorkPay is a decentralized freelancing platform powered by blockchain and AI.

• Clients deposit funds into a smart contract, which holds the money in escrow.

• Funds are released only when full projects are completed and verified.

• In case of Dispute AI checks the code submitted by freelancers and check the completion percentage of the project.

• The AI helps in resolving disputes fairly by releasing funds proportionally (e.g., 50% work = 50% payment).

• SafeWorkPay is better than other platforms because it combines two powerful technologies:

  • Blockchain's trust: This makes payments secure and transparent.

  • AI's analysis: This checks the quality of the code automatically.

This makes it more reliable than traditional platforms like Upwork or simpler blockchain-based platforms like Ethlance, which don't have this combination of features.

How SafeWorkPay Works

1. Project Posting: A client posts a project with a title, description, keywords, and a budget range.

2. Bidding: Freelancers submit bids that fit within the client's budget.

3. Hiring: The client accepts a bid, and the agreed-upon payment is locked in a secure smart contract.

4. Work Submission: The freelancer finishes the project and provides a link to the completed code on GitHub.

5. Review and Payment:

   • If the client approves the work, the full payment is instantly released to the freelancer.

   • If the client doesn't approve, either party can start a dispute.

6. Dispute Resolution: An AI system analyzes the project's details and the submitted code to determine the percentage of completion. Based on this analysis, the funds are split fairly between the client and the freelancer.

Key Advantages

• Low Fees: Transaction fees are very low, regardless of the project's size.

• Fast Payments: Payments are instant and work across different countries without the delays or currency issues of traditional banks.

• Quick Disputes: An AI-powered system resolves disputes 24/7, offering a fast, accurate, and unbiased solution.

• No Middlemen: Smart contracts handle payments directly, making the process transparent and immediate.

• Specialized and Accurate: Because the platform focuses only on IT projects, the AI can analyze code to resolve disputes with high accuracy.