Milestone 4 researchinprogress Transparency: Standard TestSet Checkpoint Kickstart

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Problem statement (problem being addressed):

How might we make payment clear and transparent?

The problem tackles the need of transparency in payment transaction involved between the requestor and worker. Clearly, as we have seen, most of the workers only work for money and it forms the basis for their cost of living. It means that as a worker, I need to have a guarantee that I will be getting paid after I put in “x” amount of effort. So the transaction of money/ or benefits need to be based upon a fixed and well-structured yet transparent categorization system. Also, to reduce scammers on such websites there has to be a certain set of fixed parameters for both requester and worker.

Credit of the idea:

While trying to identify flaws in all the given examples, we made efforts to combine all of them in a single platform model. So the credit goes to all the authors

Explanation of the idea:

Taking inspiration from the “Standardization of Pricing” idea, the issues of classification of tasks, allocation of prices and price normalization would be solved. The classification part includes categorizing them into skillset, nature of task, complexity of task and knowledge/field. Thus creating a tree, drawing inspiration from Wikipedia. Allocating prices using the equilibrium price region within some tolerance range would give an appropriate idea of allocation. Floors and ceilings are required to allow flexibility in pricing for requesters and prevent exploitation/misuse. Normalization of prices eliminating the country barrier through a free-market system.

TestSet: Highlighting the importance of a minimum wage, we can ensure that a worker doesn’t return empty handed. Basically, it involves standardizing payment as well.

Checkpoint System would ensure that a person gets paid for every micro-task or micro-checkpoint they achieve. This would mean that a worker gets a regular payment and doesn’t get mass rejected empty-handed. This also enables requester to manage the workers effectively and easily.

Kickstarter Model: Creating high demand workers by offering an increased compensation amount for a limited amount of time. Implementing the “Uber Surge” idea which draws more customers while keeping the system clear, transparent and straightforward.