Overview
Humanity Protocol utilizes decentralized technology to establish a system where individuals can offer their skills and labor securely and verifiably. By employing smart contracts, the protocol ensures that agreements between parties are automatically enforced without the need for intermediaries, reducing the potential for disputes and ensuring timely and fair payment.
Core Components
- Smart Contracts: These automate, transparently enforce, and secure transactions. They govern the terms of labor agreements, ensuring compliance by all parties.
- Decentralized Identity (DID): The protocol uses DID to verify user identities, ensuring trust and accountability within the ecosystem.
- Reputation System: A system where workers and employers rate each other, fostering trust and encouraging high-quality work by incentivizing good reputations.
