I find interesting about this project and i have read the whitepaper. I would like to invest, but it's to hard for me to understand what is the project all about. Can someone elaborate to me the important matters?
CrowdPrecision tackles two of the most significant challenges in current Crowdsourcing applications -
quality control of the work submitted and
fast and cost-effective payment mechanisms.
Due to the large number and the anonymity of the huge group of Crowdsourcing workers, it is often difficult to identify the skill set of individual workers and to track down workers with deliberately malicious behavior, a factor which often leads to a great waste of time and money by all parties involved (employers, workers and platform providers).
To address those problems, CrowdPrecision uses Ethereum-based smart contracts between employers and workers. By issuing CrowdPrecision Tokens (CPT), CrowdPrecision provides a complete
ledger of a user’s Crowdsourcing history – whether as employer or worker – and makes it available across
multiple Crowdsourcing platforms. Therefore, it features:
>>> Transparent and straightforward display of a worker’s qualifications and diligence for an easy distinction between high and low quality workers.
>>> Track record of a worker transferable across multiple Crowdsourcing marketplaces.
>>> Facilitated identification of fair employers through their payout profile.