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Blockchain and split payments would work here. The transparency would be useful. Maybe even using x402? So buyers should be able to see where and how their mon
by adrianwaj 10mo ago
Blockchain and split payments would work here. The transparency would be useful. Maybe even using x402?
So buyers should be able to see where and how their money is going to be distributed after payment. How much does the driver get? How much is he/she earning? Comparable drivers can compare metrics.
Perhaps unions could build some type of payment app and have gig workers use it as part of their employment contract?
So gig workers end up like ebay sellers with a feedback, followers and sales data on display. They can take their profile with them to new employers as well. Buyers get a profile too. Funds could also be held in escrow, and refunds granted where applicable. I don't know.
- dartharva 10mo agoThis is not a tech problem, it will not be solved by new tech. It is a civil problem coming from institutional degradation and corruption.
- sodafountan 10mo agoI actually disagree; the only way to get to the bottom of any wrongdoing here would be to do an external audit of their systems. That can get expensive and complicated. Using cryptocurrency with on-chain verification of the paper trail could actually solve this problem without having to get auditors and lawyers involved.
- dartharva 10mo agoAnd who is going to allow upending the entire current infrastructure of payment processing and businesses? That's right, the government. If you were going to go through the government either way, the easier sell is to just make them do their damn job and prevent scammers from scamming.
- sodafountan 10mo agoYes, but the government is notoriously inefficient and ineffective. Bitcoin was started right under their noses (and I'm not just referring to the U.S government here, but all national governments), and it continues to operate all across the globe. It's kind of what makes it so interesting, you can't really kill it, it's like a good financial virus. I hate to break it to you, but the infrastructure of payment processing and business has already been upended by Bitcoin alone. It's only a matter of time before we see layer-2 solutions like the one OP mentioned. Bitcoin might not be the best blockchain to target for small-scale financial transactions like delivery apps, but you catch my drift. Just about any blockchain would do in this scenario.
- sodafountan 10mo agoI'm not sure why you're getting downvoted. This is actually a really good solution that I hadn't thought of. I'm eager for the web3 economy to truly take off. There are so many little improvements to the way things work with blockchain compared to the black hole that is fiat currency; it's astounding. But yes, in essence, if the post is true, then this is a misrepresentation of what the service is actually doing. Being able to verify where your payment is going on a publicly available blockchain would provide customers and employees with some clarity.
- adrianwaj 10mo agoYep, digital goods are the big one for a "transparency disruption" in my view. For me at least, if I am to buy some music I should be able to know how much an artist is going to get along with all their "tag-alongs." Payments should be fast, reliable, useful, easy; and even variable, biased, delayed and aggregated.