WhenHub is a blockchain-based smart contract technology that connects people for business transactions online or in-person. Find out how it works today in our review.
What is WhenHub?
WhenHub, found online at WhenHub.com, is a mobile app that aims to connect consumers to experts using two-way video streams, text conversations, audio calls, or in-person meetings. The app is currently in development.
WHEN tokens went on sale on October 26, 2017.
The app will be part of a larger ecosystem of services called the WhenHub Interface Network, or WIN. That ecosystem will consist of decentralized apps (DApps) running on the Ethereum blockchain to create secure micro-contracts. Altogether, the ecosystem aims to solve problems among consultants and clients.
Let’s take a closer look at how WhenHub works and how it plans to change the online marketplace for expert services and consulting.
How Does WhenHub Work?
WhenHub is built on the Ethereum blockchain as part of the WhenHub Interface Network (WIN). WhenHub uses smart contracts – including “secure micro-contracts” – to facilitate interactions between users.
These micro-contracts can be as short as 15 minutes. The blockchain will be used to provide a frictionless billing and payment service.
At the end of each micro-contract, payment will be delivered in the form of WHEN tokens. Tokens are automatically transferred to the expert in question. No paperwork or billing is involved in the process.
Users, meanwhile, can buy WHEN tokens using a credit card or existing cryptocurrencies.
The user’s phone number and address are never shared with experts. Meanwhile, WhenHub will partner with third parties to provide verification services on participating experts to give consumers confidence.
Pricing for experts can be fixed or based on an auction-like system. Experts can display their availability whenever they like – even for windows as short as 15 minutes. This allows experts to monetize their spare time through a competitive marketplace.
A key part of the ecosystem is the WhenHub API, described as “our all-encompassing engine for time-based information” in the WhenHub whitepaper. The API provides integration with many popular services, including Google, Apple, Microsoft, and third-party calendars.
WhenHub Studio is another key feature. WhenHub Studio is the platform’s web-based time curation and publishing platform. The platform makes it easy for anyone to organize events from the past, present, or future into schedules, and those schedules can be published online in the form of “Whencasts”.
Each Whencast is an interactive, mobile-friendly visualization that can be posted onto a website to help visitors process information more easily.
Finally, there’s WhenHub Approach, a mobile app for geostreaming and geofencing. Using the WhenHub Approach app, the company can track multiple people as they travel to a meeting, then use geofencing to determine their relative proximity to one another. Approach also has an underlying REST API that uses WebSockets for real-time multi-user updating and syncing.
What Problems Does WhenHub Seek to Solve?
WhenHub aims to solve problems faced by consultants and clients alike.
Problems Faced by Consultants
Consultants often have unbilled time throughout the day. Due to the nature of the work, consultants might have unbilled time spent traveling or between clients. This is lost income. Over a week or month, all of these unbilled hours can add up.
Getting leads for good projects can be difficult, and freelance marketplaces tend to be a pricing rice to the bottom. Consultants struggle to gain repeat customers, with word of mouth referrals, inbound marketing through blogs/social media, and networking events being the primary sources of leads.
Consultants focus on longer-term projects instead of short-term projects due to the two problems listed above. However, long-term projects are hard to find.
WhenHub sees all of these as supply-side problems. However, the ecosystem also has demand-side problems faced by clients.
Problems Faced by Clients of Consultants
Clients often struggle to find the right consultant available at the right time. If you need to consult a subject matter expert (SME), then you may not want to wait weeks for that expert to become available.
The process of finding a trustworthy, knowledgeable consultant is difficult and time-consuming, and involves asking friends, family and business associates for a reference. Online searches can be unreliable, and it can be hard to judge someone based on the things you see online.
You might find a knowledgeable consultant. However, that consultant may not be interested in your short-term project. That means you may have to settle for someone who isn’t the ideal fit, but is willing to work on your project.
Ultimately, WhenHub believes it can solve all of these problems with its blockchain-based ecosystem.
Here’s how WhenHub plans to solve the above problems:
- InterfaceHub: The InterfaceHub is the section on WhenHub.com and the mobile app where users can “interface” with other users who have posted available time slots.
- Interface App: This is the mobile app that works as the primary means for users to add availability time slots and “interface” with other users during scheduled time slots.
- WhenSense Sites: These sites consist of websites running WhenSense so users can interface with other users based on real-time availability.
- Partners: Partners are companies that provide verification services for Interface users.
The WHEN Token Sale
The WhenHub token pre-sale is scheduled for October 26 to November 9, 2017, with a public scale taking place from November 10 to December 31, 2017.
Tokens can be used for all transactions on the platform.
350 million tokens (40% of the total supply of 875 million) will be available during the token sale. 26% will be distributed to network users (to incentivize user participation). The remaining amount is given to WhenHub (30% of tokens) for future engineering and research, with 2% going to network partners and 2% going to the WhenHub Foundation.
Who’s Behind WhenHub?
CalendarTree is doing business under the name WhenHub. The company is incorporated in Delaware. Management is led by Quin Harker (Co-Founder and CEO), Scott Adams (Co-Founder and Chief Strategy Officer, and also the creator of the Dilbert comic strip), and Nik Kalyani (Co-Founder and Chief Technology Officer). Quin Harker has 20 years of experience in the global mobility and transportation industry.
The team has been developing the WhenHub platform for the last 1.5 years. Today, you can view the CalendarTree beta online at the official website here: https://www.calendartree.com/
The freelance marketplace is growing in the United States. The WhenHub whitepaper cites the Intuit On-Demand Economy Study, which found that 40% of American workers will be contractors and freelancers by 2020. WhenHub was created to address this marketplace.
The platform is catered to freelance business owners, independent contractors, moonlighters, diversified workers, temporary workers, and others with “non traditional” positions.
Using the WhenHub platform, these individuals can maximize their spare time by operating as subject matter experts (SMEs). Meanwhile, business owners and individual users can use WhenHub to hire consultants.
To learn more about WhenHub, visit online at WhenHub.com. the token sale is taking place from October to December.