Do you find yourself wasting away the day with nothing to do? Are you a workaholic struggling to keep several balls in the air?
Canyudo, a UK blockchain startup, has an answer for both problems.
The company recently developed a Decentralised Application (DApp) to connect people with too much on their plate with those looking for work.
A Virtual Town Square
Blockchain technology is increasingly applied to various areas of society. Canyudo introduced its free multi-purpose DApp in closed beta on December 11, 2018. It features a goods and services marketplace, as well as a personal organiser and global payment platform.
“We are pleased to introduce the Canyudo app which stimulates pro-social behaviour to fulfil one of our core aims – driving a resurgence in human cooperation,” said Steve Biddick, founder and CEO of Canyudo.
In essence, Canyudo connects those mastering too much work with people looking for work. Users can advertise jobs, tasks, events and items for sale. Payments can be made in crypto or fiat currencies. So how does it work?
Each user has a profile displaying their skills, qualifications and task categories that fit their work experience. When jobs posted to the network match their work profile they are automatically notified.
The app doesn’t just simply get things done. We enhance the ripple effects of good deeds through a pay-it-forward model using an in-app coin to make impact measurable.
At the same time, users can create tasks and assign them to their contacts individually, to a predefined group or simply publish the task to the whole network in search of a suitable candidate.
Once a task is completed users rate each other on metrics like response time and reliability. This mechanism helps them to build their digital CV, demonstrating their skills and experience.
Smart Contracts for Small Charities
Community-based charities often lack the resources to promote their social causes effectively compared to bigger charities. Canyudo is on a mission to change that.
The DApp uses smart contracts: running on the Ethereum platform, these contracts process transfers of digital assets between users without third parties.
A small fee is charged every time a Canyudo user sends a document or payment – but it isn’t all for the DApp creators. Instead, a contribution is made to a small charity of the user’s choosing. One third of the revenue made by Canyudo is given to philanthropic causes.
We are pleased to introduce the Canyudo app which stimulates pro-social behaviour to fulfil one of our core aims – driving a resurgence in human cooperation.
Decentralised apps such as Canyudo run on blockchain technology which provides the advantage of improved transparency and payment efficiency. Additionally, Canyudo puts a focus on creating a noise-free user experience, eliminating information overload.
“Our design team learned their trade in the games industry, so we understand the motivating power of a well-devised game”, emphasised Steve Biddick.“The app doesn’t just simply get things done. We enhance the ripple effects of good deeds through a pay-it-forward model using an in-app coin to make impact measurable.”
The startup was founded back in 2015. It used Seedrs, Europe’s largest equity crowdfunding platform, for funding. Currently, Canyudo is running another Seedrs campaign that aims to raise £160,00 to finance global expansion.
A launch of the DApp is planned for January 2019 in Hong Kong before going global. The primary focus for the product launch will be private sale, temporary recruitment and global remittance markets.
Two Birds, One Stone
The altruistic drive behind Canyudo goes beyond small charitable groups. The DApp wants to empower migrant workers, especially in emerging economies.
According to Canyudo’s white paper, people who work abroad in emerging economies often struggle with documentation to validate their visas. In many cases, they are simply deported.
Canyudo hopes to reduce this with digital proof documenting, in which users can keep a record of their employment and legal rights.
The multi-purpose platform has an ambitious mandate to help migrant workers, donate to charities and make everyone’s lives smoother. Canyudo is revolutionising how we work – what you do is up to you.
Jennifer is a Greek-Korean communication officer, and former trainee of the European Federation of Journalists. A global citizen, she focuses on human rights and technology.