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Trust and Online Freelance Transactions With work and contracts increasingly being conducted online, trust has become a significant issue. Gone are the days of physically meeting your employer; with this shift comes the risk of non-payment and a lack of legal protections traditionally provided by employment. The Challenges Freelancers Face Without Escrow I’ve personally experienced the frustration of working on an online project only to be left unpaid. After dedicating two weeks of effort to...
The freelance economy is thriving, with millions of professionals working remotely and providing services to clients worldwide. However, despite its growth, freelancers and their clients often face challenges that can complicate transactions: mistrust, delayed payments, and lack of accountability. This is where Arowana Smart Escrow Service comes into play, offering a secure, transparent, and blockchain-powered solution for hassle-free transactions. Why Escrow Services are Essential for...
E-commerce is booming, but it’s not without challenges. Payment disputes, fraudulent transactions, and unfulfilled orders are common issues faced by buyers and sellers. In 2022, global e-commerce fraud losses reached $41 billion, with projections to exceed $48 billion by 2023 (Mastercard Insights). Online escrow services provide a reliable solution by acting as a neutral third party to secure transactions. How It Works Agreement: The buyer and seller agree on the terms of the transaction....