The South African Cryptocurrency SAFCOIN is launching blockchain-powered job platforms in Africa that ideate to connect business and economy workers all over Africa for free.
Mobijobs is one of the platforms that allow start-ups and small to medium-sized businesses to list jobs, search freelance profiles, and be present online without setting-up any hosting or development costs. The platform also allows freelancers to advertise their key skills, build portfolios with experience, and get access to the listed jobs even without having a bank account. The jobs are further paid in SAFCOIN cryptocurrency.
Mobijobs’s primary agenda is to certify more and more Africans to seek global work opportunities, to put forth their skills and talent online. To get access to this, the jobseekers require nothing more but just a mobile phone or laptop and internet connectivity.
Due to lack of access to bank accounts, until now, African job seekers have been confined from having access to digitally shared job platforms, such as Mobijobs. Around 1.7 billion, i.e., 62% of sub-Saharan Africans are currently unbanked.
Freelancers having access to bank accounts have to pay high transaction and commission fees, which eats half of their earnings. The main idea of Mobijob is to deduct the banking fees with the use of blockchain technology. SAFPay gateway powered by SAFCOIN cryptocurrency provides an easier and safer payment process amidst individuals and businesses. The payment is secured prior to the beginning of the job and released once the job is done.
Neil Ferreira, CEO of SAFCOIN quotes,
Our goal with MobiJobs is to help individuals in Africa to take their skills and talents global and to empower small businesses to tap into a global skills pool, as and when they need to. Through the platform, users can gain experience, build their internship hours while studying, ask for testimonials from businesses they’ve completed tasks for, and build relationships with companies across Africa. All this via a free cryptocurrency payment gateway that ensures they get paid quickly and securely, with zero transaction charges.
Africa experienced a series of unemployment in the fourth half of 2019. Almost 40% of South- African youth aged in the middle of 15 to 34 were unemployed, apparently, which states that 13.4 million youth in Africa was jobless back then.
The technology now provides resources for the growth of freelancers, where a lot of people are more interested to take up jobs for a shorter period of time with flexible work types to earn money. In 2017 the employment count in South Africa was 2.6 million, which steadily increased to 3.9 million during the year 2018. It is speculated that 86% of employment in Africa is informal.