My friends and I recently went to a shopping mall to buy a new phone, and over there, we noticed something very unusual on the boxes of all the devices. Almost all the phones had "Made in China, Assembled in India." written on it.
This intrigued both of our minds and we decided to go ahead with some research as to why this happens. Then, we found out that the labour cost in China is significantly lower when compared to India. For example, the salary of a skilled worker here is Rs. 250 a shift while that in China is almost one-third of it.
This might be good for manufacturing companies all over the world, but not for the labour market. This gives rise to a lot of divisions and inequalities in the world.
G-Global saw that these divisions do not let people meet their financial expectations everywhere, and that is what they aim to solve.
What is G-Global?
The G-Global platform has been created with the intention to maximize international labour relations between employers and employees. G-Global is not just another marketplace for expert services.
It also solves a lot of allied problems too.
For example, it does away with the need of mediating consulting firms and forms a totally new platform for human interaction structured in decentralized protocols. It also expands the knowledge of people by globalizing it using various machine learning algorithms.
In short, it maximizes the output of the labour market while doing away with the need for mediators to cut down on costs, thereby providing more value to the employees as well as the employers.
How does it work?
There are certain tasks that each one of us can perform without any effort. For example, suppose, Mr. X can write an article on any topic very quickly, in about an hour. This comes to him naturally, and he does not have to work too hard for it.
Someone else might possess a different skill, but anyone who can perform a task effortlessly is considered to be a specialist in that domain.
G-Global manages an entire community of experts who are adept at performing a specific task. Whenever an employer is in need of a specialist in a particular domain, he can connect with one on the platform.
He can then directly ask him to perform the task and pay him as well, without the need of any intermediaries, thus optimizing finance.
This is similar to what some e-commerce sites do due to which they are able to provide quality items in very low prices.
They obtain the items directly from the manufacturer, doing away with the need for intermediaries, and sell it directly to customers.
This ensures profit for them, while significantly reducing the costs from MRP.
G-Global solves a very complex problem using a very similar solution, on the lines of this model.
About ICO
The GGP token is the altcoin of the G-Global platform.
The ICO will begin on 10th January, 2018 and end on 20th August, 2018.
An unlimited number of tokens will be sold at the price of 0.001 ETH per token.
The soft cap of the project has been set at $3 million and the hard cap is $50 million.
Verdict
The global labour market is very unbalanced and creates financial division between people. This leads to some country being tagged as rich and some others as poor. These divisions are absolutely unwanted in today's world, and also reduces the output of the employees creating problems for the employers.
G-Global's unique solution connects experts of certain domains with the employers who are looking for experts to work in that field. With an entire community of experts at hand, G-Global can help employers find an expert for any domain.
Further, their advanced Artificial Intelligence and algorithms provide better and more accurate search results and much better communication, compared to the current systems.
In short, it completely revolutionizes the labour market, for once and for all. And the labour market needed this long-awaited changes as well.
Website: http://gglobal.io/
Whitepaper: https://gglobal.io/pdf/G-GlobalWPEng.pdf
Blog by ollivander7
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1069616