Freelancing and Digital Connectivity

in Pakistan

Submitted by:-
Haseeb Ur Rehman
Self Employed Person (Pakistan).
Contact No: - +92 300 3555938
Email:- rehman.82@gmail.com
Introduction:-
My name is Haseeb Ur Rehman, I am Self-Employed person doing Freelancing
and Online job since 2010. I am running #GoFreelancing and #OnlineEarnings
campaigns on social media platforms to create the awareness among the people
how the world of globalization can create positive impact on Individuals. At the
end it’s all about creating your own wallets and be your bank. I have Facebook
group named “Chegg Solutions” for the people.
#GoFreelancing
#OnlineEarnings
#BeOwnBank
The purpose of my campaign is to share the knowledge especially among the youth
age between 18 and 27 especially who can earn money by flexible or remote
working because they have to manage their fee for college and also home
expenses. It’s the World of Globalization and people preferring remote working
jobs especially in countries like U.S.A, India and U.K.
In U.K the concept of self-employment started way back in 2008.
U.K’s Vision 2025 about self-Employment

Top Freelancing and online Earnings Websites:-

www.upwork.com
www.toptal.com
www.peopleperhour.com
www.prestoexperts.com
www.guru.com
www.freelancer.com
New Pakistan government should uplift the ban on PayPal which is the main
payment mode in freelancing and other online jobs with Payoneer payment system.
www.paypal.com
www.payoneer.com

Suggestions for new government to strengthen Pakistani Rupee in

International market.
Cryptocurrency ( A Digital Currency):-
I request from New Pakistan’s government to launch official Pakistan’s Digital
Currency exchange which will create strong impact on the Pakistani Rupee in
International market.
Countries like U.A.E, Saudi Arabia, Sweden and Singapore feel no risk concerns
by launching own cryptocurrencies in their Countries
Singapore government saying it will not ban Cryptocurrency has “No Risk”
concerns.
Dubai government issues first legal license to cryptocurrency firm for trading.
Block Chain Technology:-
URL:-
www.blockchain.com
Blockchain is a public ledger that records bitcoin transactions. Block Chain is the
first and most trusted global cryptocurrency company Worldwide. Exchange and
transact Bitcoin, Ethereum, and Bitcoin cash using the World’s most trusted and
secure “cryptocurrency wallet”. Use the first and most popular bitcoin block
explorer to search and verify transactions on Bitcoin’s block chain. Stay on top of
bitcoin and other top cryptocurrency prices, news, and market information.
Transactions:-
Transactions are defined using a Forth-like scripting language. Transactions
consist of one or more inputs and one or more outputs. When a user sends bitcoins,
the user designates each address and he amount of bitcoin being sent to that
address in an output. To prevent double spending, each input must refer to a
previous unspent output in the blockchain. The use of multiple inputs corresponds
to the use of multiple coins in a cash transaction. Since transactions can have
multiple outputs, users can send bitcoins to multiple recipients in one transaction.
As in a cash transaction, the sum of inputs (coins used to pay) can exceed the
intended sum of payments. In such a case, an additional output is used, returning
the change back to the payer. Any input satoshis not accounted for in the
transaction outputs become the transaction fee.

Transactions Fees:-
An actual bitcoin transaction including the fee from a web-based cryptocurrency
exchange to a hardware wallet.
Paying a transaction is optional. Fees are based on the storage size of the
transaction generated, which is turn dependent on the number of inputs used to
create the transaction. Furthermore, priority is given to older unspent inputs.
Ownership:-
In the blockchain, bitcoins are registered to bitcoin addresses. Creating a bitcoin
address is nothing more than picking a random valid private key and computing the
corresponding bitcoin address. This computation can be done in a split second. But
the reverse (computing the private key of a given bitcoin address) is
mathematically unfeasible and so users can tell others and make public a bitcoin
address without compromising its corresponding private key. Moreover, the
number of valid private keys is so vast that it is extremely unlikely someone will
compute a key-pair that is already in use and has funds. The vast number of valid
private keys makes it unfeasible that brute force could be used for that.

To be able to spend the bitcoins, the owner must know the corresponding private
key and digitally sign the transaction. The network verifies the signature using the
public key.
Wallets:-
A wallet stores the information necessary to transact bitcoins. While wallets are
often described as a place to hold or store bitcoins, due to the nature of the system,
bitcoins are inseparable from the blockchain transaction ledger. A better way to
describe a wallet is something that “stores the digital credentials for your bitcoin
holdings” and allows one to access (and spend) them. Bitcoin uses public- key
cryptography, in which two cryptographic keys, one public and one private key,
are generated. As it’s most basic, a wallet is a collection of these keys.
There are several types of wallets. Software wallets connect to the network and
allow spending bitcoins in addition to holding the credentials that prove ownership.
Software wallets can be split further in two categories: full clients and lightweight
clients.
Full clients verify transactions directly on a local copy of the blockchain (over 136
GB as of October 2017), or a subset of the blockchain (around 2 GB). Because of
its size and complexity, the entire blockchain is not suitable for all computing
devices.
Lightweight clients on the other hand consult a full client to send and receive
transactions without requiring a local copy of the entire blockchain (see simplified
payment verification- SPV). This makes lightweight clients much faster to setup
and allows them to be used on low- power, low-bandwidth devices such as
smartphones. When using a lightweight wallet however, the use user must trust the
server to a certain degree. When using a lightweight client, the server cannot steal
bitcoins, but it can report faulty values back to the user. With both types of
software wallets, the users are responsible for keeping their provate keys in a
secure place.
Besides software wallets, Internet services called online wallets offer similar
functionality but may be easier to use. In this case, credentials to access funds are
stores with the online wallet provider rather than on the user’s hardware. As a
result, the user must have complete trust in the wallet provider. A malicious
provider or a breach in server security may cause entrusted bitcoins to be stolen.
Physical wallets store the credentials necessary to spend bitcoins offline.
Examples combine a novelty coin with these credentials printed on metal. Paper
wallets are simply paper printouts. Another type of wallet called a hardware wallet
keeps credentials offline while facilitating transactions.
Bitcoin:-
What is Bitcoin?
URl:-
https://www.bitcoin.com
Bitcoin is worldwide cryptocurrency and digital payment system. Bitcoin is known
as the first decentralized digital currency, as the system works without a central
repository or single administrator. It was invented by an unknown person or group
of people under the name Satoshi Nakamoto and released as open-source software
in 2009. Bitcoin, the decentralized network, allows users to transact directly, peer
to peer, without a middle man to manage the exchange of funds. The digital asset,
bitcoin, is used like other assets in exchange for goods and services. Unlike
traditional currencies and assets, bitcoin is easily portable, divisible, and
irreversible. Bitcoin increases system efficiency and enables the provision of
financial services at a drastically lower cost, giving users more power and freedom.

Bitcoin transactions are verified by network nodes and recorded in a public

distributed ledger called a Blockchain. Bitcoins are created as a reward for a
process known as mining. They can be exchanged for other currencies, products,
and services. Bitcoin can also be held as an investment. According to research
produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique
users using a cryptocurrency wallet, most of them using bitcoin.

Urdubit (A Trustable Exchange in Pakistan).

URL:-
www.urdubit.com
Urdubit is trustable Cryptocurrency exchange platform in Pakistan worked very
professionally before State Bank of Pakistan orders to shut down the exchange. It
should be linked with Block Chain technology to start the services again in
Pakistan.
Bitcoin is Halal according to Indonesian Muslim Scholar:-

Here are the links provided:-

https://arynews.tv/en/bitcoin-halal-islamic-law-scholar/
https://www.techjuice.pk/bitcoin-declared-halal-under-islamic-law-opening-
to-1-6-billion-muslims/

How Bitcoin works (YouTube Video):-

https://www.youtube.com/watch?
v=Gc2en3nHxA4&index=19&list=LLIzkSJwPQA8tmSWrXtcdt-A&t=0s

“When the well is dry, we know the

worth of water.
~ Benjamin Franklin”.
“Donate For Water Crisis”.