WorkChain.io is a distributed, decentralized blockchain-based public ledger that replaces slow traditional payroll cycles with real-time cryptocurrency payroll.
What's Workchain?
Workchain.io is another revolutionary blockchain project that provides a really good use-case for a cryptocurrency and the blockchain technology.
"WorkChain.io puts your earnings in your pocket the moment you clock out, not weeks later. Automated, instant payroll on the blockchain. Why wait to get paid?" - https://workchain.io/
Work Records
Work entities and individuals share and verify records on WorkChain.io to create complete, trustworthy work histories for users, which can then be called upon instantly for streamlined, accurate recruitment.
Payment Records
WorkChain.io builds a financial profile of individuals based on the payment settlements of the verified work records stored on the platform. These payment records form an accurate, evolving financial position based on past and future earnings that can be used for accessing capital.
How Does it Help?
Most employed people are paid forthnightly or sometimes weekly, but it's all the same, they'll have to wait quite a while before they received their hard-earned cash. This is what Workchain aims to solve, they aim to provide:
Instant Payment
For most people, this would be really life changing. I remember, back when I was a Full Time employee as a Customer Service Representative and we were paid biweekly. I would have to work for a whole 2 weeks and make a budget for the same period and make sure I'd last that long before I get my next paycheck.
Getting instant payments for the work I did would be really helpful, that would mean lesser debt and better financial management on my part because I would have access to my finances faster than before.
Dynamic, Real-Time Credit
WorkChain.io enables fast, accurate credit scores created in real-time using an individual’s verified work and payment histories that are stored on the platform. By building a dynamic credit profile using this verified data, WorkChain.io creates a true financial snapshot based on past and forecasted earnings, returning control of credit to the individual level and ending the dependence on unreliable third-party providers.
WorkChain.io automatically formulates dynamic credit scores based on the verified data on WorkChain.io, including:
Work history (employer identity, position(s) held, employee performance, etc.)
Time and attendance history
Account and transaction history
Investment history
Peer-to-peer recommendations
Sales and operating data
Jobs completed/scheduled
As well as drawing on the verified work and payment records on WorkChain.io itself, the platform has the ability to use external signals like those used to form typical credit scores, such as:
Bill payment history
Loan history
Current debt and other financial information
Legal history (has an individual has been sued, arrested or filed for bankruptcy)
Register and participate for bounty https://bounty.deco.network/login
WorkChain Official Website: https://workchain.io/
WorkChain White Paper: https://workchain.io/whitepaper/
WorkChain Bounty Campaign: https://workchain.io/bounty
WorkChain Blog/ News : https://medium.com/workchain-io
WorkChain Official Twitter : https://twitter.com/workchain_io
WorkChain Facebook Page: https://www.facebook.com/workchain.io
WorkChain Official Telegram: https://t.me/workchainio
For Bounty:
Follow all the tasks required on social workchain, namely Facebook, Twitter, Google+, Linkedin, Medium, and Telegram. For more information, click here (https://workchain.io/registration?code=DionArdiansyah:BennADiI10)
How about the bounty period?
For the first period that is still ongoing is Aug 1, 2018 - Aug 15, 2018 !! remaining about 6 hours.
Now, rather than you are curious and want to directly join the bounty workchain program, please click on this link: https://workchain.io/registration?code=DionArdiansyah:BennADiI10
Good luck !!