🫂Use Cases

Seamless contract creation and management for freelancers and agencies

Without Midcontract: freelancers and agencies often face complex and time-consuming contract creation processes, especially when dealing with international clients. They must navigate through various legal requirements and ensure that their contracts are compliant with the laws of both parties' countries. Additionally, managing these contracts and ensuring timely payments can be a hassle.

With Midcontract: freelancers and agencies can easily create, manage, and execute contracts with clients from anywhere in the world. Midcontract's platform offers industry-specific contract templates that are compliant with international laws, simplifying the process. The platform's escrow service ensures that payments are secure and released upon work completion, providing peace of mind to both parties.

Secure and prompt payment processing

Without Midcontract: payment delays and non-payments are common issues that freelancers and agencies face, especially when working with new clients or on large projects. These issues not only affect their cash flow but also consume time and resources that could be better spent on other projects.

With Midcontract: every transaction is backed by an escrow service, ensuring that funds are securely held until the work is satisfactorily completed. This system drastically reduces the risk of non-payment and delays, ensuring that freelancers and agencies receive their payments promptly. The platform supports both fiat and crypto payments, offering flexibility in financial transactions.

On-chain Professional Passports for reputation-building

Without Midcontract: freelancers and agencies often struggle to prove their reliability and quality of work to potential clients, especially when they lack a centralized platform to showcase their professional history and feedback.

With Midcontract: the introduction of on-chain professional passports allows freelancers and agencies to have verifiable proof of their work history, reputation, and experience. This blockchain-based feature provides a transparent and immutable record of their professional achievements, making it easier to build trust with new clients.

Cross-border payments simplified

Without Midcontract: cross-border payments can be fraught with issues, including high fees, slow processing times, and compliance challenges. Freelancers and agencies working with international clients often have to navigate through these obstacles, which can be both time-consuming and costly.

With Midcontract: the platform simplifies cross-border payments by integrating with various payment gateways and supporting multiple currencies, including crypto. This approach not only reduces transaction fees and processing times but also ensures compliance with international payment regulations.

Reduced dependancy on traditional freelance market

Without Midcontract: freelancers and agencies heavily rely on traditional freelance marketplaces, which often charge high fees and exert control over client relationships. This dependency can limit their growth potential and profitability.

With Midcontract: by offering a comprehensive suite of services that includes secure contract management, escrow services, and professional passports, Midcontract reduces the dependency on traditional marketplaces. Freelancers and agencies can directly engage with clients, retain a larger portion of their earnings, and have greater control over their professional relationships.