Although there are voices claiming that lohn is an economically damaging model for emerging countries, it will resist as long as there is a gap between developed and developing economies, forever. Lohn is based on a cost low production of cheap labor and the proximity of cheap sources of raw materials. These productive capacities are fully occupied and create jobs in difficult economic transition periods. In Romania, for instance, where we developed the MVP project (bursadelohn.ro), textile lohn represented at one point more than 5% of GDP, ie more than 6 billion euros.
It is rightly said that lohn favors big buyers who launch manufacturing orders. They are in a privileged position as the owner of the brand and although they often have spectacular profits, they pay little for the product’s services, especially for small and medium-sized companies. This is because the latter have few options to keep their production capacities at a high level of occupancy that is decisive for survival in circumstances of low prices for their services.
The lohncontract.com platform is a secure business for introducing the PoT (Protocol of Trusting) by lohncontrol smart contract through Proof of Tasks. It will provide access to a global market through worldwide quotes from all over the world.
Small and medium-sized manufacturers in emerging countries will have an important tool to control the predictability of production. They will be able to practically plan future production by committing orders in time and more, because of the multitude of opportunities they can choose better prices for their services.
read more about it: https://lohncontrol.com/down/LOHN-white-paper-5.0.pdf
