are usually designed and managed from the top down. Cynch helps remove the top down nature of project management. Once a project has been orchestrated and the work to be performed has been documented, Cynch will allow the work to be dynamically executed through a set of smart contracts. These smart contracts allow for an approach to projects that we call “Just in Time Execution.”

Blockchain technologies and the decentralization that they enable will create significant disruption across many industries in the coming years. Fundamental to this movement is the ability to execute value transfers in a trustless environment. Our CynchTask Contracts abstract work orchestration into a few basic api endpoints. We pair this abstraction with a dynamic and robust orchestration platform, Cynch, that has its roots in robust project management system and is already in use by major corporations. These orchestrations further enable capturing value in many ways including:

Reduced friction in resource verification and compensation. Define a blockchain of custody for work objects. Create a shared data space that streamlines auditing and the sharing of reports.

Once an ecosystem of market participants develop around doing work on the Cynch platform we can create additional value by gamifying negotiations using a decentralized request for proposal(RFP) management platform.

The system will eventually develop a rich set of data that can packaged and sold in a data market to project managers seeking to bid and scope upcoming projects.

The Cynch system will be based upon an open source protocol that will allow third party developers to add value to the system by creating Dapps and other system integrations that are beyond the capacity and expertise of the core Cynch team.