Deconet: A Blockchain Solution for A Truly Sustainable Outsourcing Industry

INTRODUCTION

The knowledge-based capital which is the crux of knowledge economy and a chief determinant of the wealth of many nations is faced with a lot of challenges that hinders it effective development and deployment.

Under-investment is one of such problems. As the Knowledge-based capital is non-physical, accounting system that offers the premise for the expansion of credit finds it difficult in determining its value. It therefore become Herculean to collateralize and this leads to under-investment.

In correcting this, Deconet presents investors with the ability to team-up and sponsor projects and to acquire rights for the crypto outcome of the project. Most of those investors are entrepreneurs as well and they build products to receive licensing revenue from them. With the Deconet platform, getting the license for digital assets very swiftly and without much ado, lowering the risk and time cost involved with the type of KBC.

Under-acquisition is yet another challenge of the knowledge-based capital. The implicit knowledge and unique skills of digital workforce is rather esoteric. In order to get the KBC that is inherent in knowledge workers, firms need to either outsource unique talent from other firms or do some joint acquisition.

Whichever way is adopted, inefficiency is bound to surface. Getting specialized worker is advisable only when the recruiting form needs long-term as well as complete-timer specialized talent. Again, nothing secures against counter-poaching from other competing company.

Again, sourcing KBC talent from other firm can be detrimental to the knowledge worker himself because some privileges like pension, healthcare might not be available to such worker upon transfer. The cumulative effect of this challenges is to discourage firms and individuals which substantially lower knowledge labor market dynamism.

Deconet presents companies with the enablement to seek KBC faster and cheaper even as they have less risk to bear. It gives entrepreneurs the edge to react to and hope for firm-oriented demand for increased KBC more efficiently by improved handling of digital assets, knowledge workers as well as investors.

Furthermore, there are plethora of institutional framework that can foster knowledge-work synergy that is interdisciplinary, cross institutional and develop widely-shared KBC. As government research and development attempts can undertake this role, the substance of their efficiency proves to the conflicting results and usually, unplanned outcomes.

Goal of Deconet Platform

Deconet seeks to innovatively optimize the worldwide knowledge economy. The goal state is a realm where league of knowledge experts are rewarded for the task they receive, jointly-creating projects that adds increased value. Deconet’s idea is pattern defiling.

Developers of Deconet are convinced that by developing strong and volatile market that allows all sorts of joint efforts and rewarding models, participants are at liberty to build and select the most effective, equitable and sustainable modes of work arrangement.

Deconet Asset Market

Deconet presents to asset owners a very easy procedure for getting an asset listed should they want to get it open for sale or permission.
Equally, to get it tendered for code and services, the Asset Market is equally used and this process is as simple as uploading assets to typical registry such as npm or having an API listed on a platform such as Kong.

A user can get his asset listed as public, open for long-term permission, to be sold or a once-for-all use. The basic and advisable license is the common GNU General Public License GPL.

Deconet allows asset knowledge star to trade exceptions to the General Public License. Nevertheless, asset knowledge workers are at liberty to seek any license they like.

Forging on, Deconet will look at bringing on novel software licenses that is based on the special qualities of the blockchain. Through a well-filled form, the owner of an asset markets a Sbart contract by tendering details about the asset as well as the availability terms.

Participants on the Deconet platform can licence or buy the asset by transferring digital currency to the address of the smart contract with details about the asset well spelled out in the contract. The smart contract records the licenser’s details and the transaction information on the blockchain.

As the details of the transaction is special and kept in an unalterable registry, both the owner and licenser have some trust in the duration and terms of accessing the assets.

Deconet Token

The native currency on the Deconet platform is the DCO token which is an ERC20 standard type token. It is Ethereum-based and through it, developers can list their projects, engage in maintaining the network, and retain an equitable value of their share. The total volume of tokens supplied is 1 billion DCO and it is know-your-customer compliant.

Roadmap

Team Members

Partners

Conclusion
Deconet is a blockchain platform that is committed to offering a genuinely-reliable software development that compensates contributors fairly and of course automatically, thereby enhancing the knowledge-based capital workers' life.

For more information about the project visit :

Website : http://deco.network

Whitepaper: http://www.deco.network/whitepaper

Facebook page: https://www.facebook.com/DecentralizedCodeNetwork/

Bitcointalk : https://bitcointalk.org/index.php?topic=3033366.0

Telegram group: https://t.me/deco_network

Medium blog: https://medium.com/deconet

“I am receiving DCO for growing the community.”