Topic: [ANN][WHITELIST]WorkChain.io- Real Time Payroll on the Blockchain | Working App! - page 44. (Read 41115 times)
July 26, 2018, 12:46:35 PM
Has an independent audit been done on the smart contract. If so by which organisation? Thanks
July 26, 2018, 12:33:30 PM
A real use case for the #blockchain - this project has the makings to become a real thing, I'm going to start following this project closer!
Indeed. There could be quite a few challenges with implementation as well.
Hi banaynay,
Thanks for your post!
We'd love to hear which challenges you think there will be with implementation.
We've spent a lot of time building the right team, partners, and product/go-to-market design to reduce these and build a viable way to market.
Of course though, like all things worth doing, it won't be 'easy'
I really appreciate the concept you made, and it's a good idea and can be realized into something that
many people are interested in,which I ask what your future plans are if your project is successful?
and I will support your project to success.
July 26, 2018, 12:19:06 PM
What will be your main revenue stream?
Great Question!
At the core of what we're building is our Protocol - https://workchain.io/whitepaper/protocol
TL:DR
The three primary participants in our ecosystem that will use our protocol are:
- Employes
- Validators
- Fund Providors (Generally Employers)
Each requires our token (https://workchain.io/whitepaper/watttoken) as a 'stake' in order to use and perform work on the platform.
As our platform is connecting all parties, we will charge a nominal transaction fee on specific actions where additional fees are warranted. For example for connecting an employee with a pay-day advance loan, as a small fee within the interest %.
July 26, 2018, 12:07:28 PM
Will you require KYC to participate?
KYC is an industry standard bowdays,so im pretty sure Workchain will require that too
Thanks for jumping in!
KYC (all geos) and Accredited Investors (U.S./Canada) for example will be required to participate in any private sales. We haven't announced any public sale yet.
July 26, 2018, 12:05:28 PM
Will you require KYC to participate?
KYC is an industry standard bowdays,so im pretty sure Workchain will require that too
July 26, 2018, 11:50:32 AM
A real use case for the #blockchain - this project has the makings to become a real thing, I'm going to start following this project closer!
Indeed. There could be quite a few challenges with implementation as well.
Hi banaynay,
Thanks for your post!
We'd love to hear which challenges you think there will be with implementation.
We've spent a lot of time building the right team, partners, and product/go-to-market design to reduce these and build a viable way to market.
Of course though, like all things worth doing, it won't be 'easy'
July 26, 2018, 11:38:11 AM
This is interesting, making the payroll automated and integrated with Blockchain technology.
Thanks to the project that every employee will get their payment right in time.
Thanks to the project that every employee will get their payment right in time.
July 26, 2018, 11:38:04 AM
Will you require KYC to participate?
July 26, 2018, 11:29:35 AM
What will be your main revenue stream?
July 26, 2018, 11:19:30 AM
A real use case for the #blockchain - this project has the makings to become a real thing, I'm going to start following this project closer!
Indeed. There could be quite a few challenges with implementation as well.
July 26, 2018, 11:19:05 AM
Interesting concept... does it mean that you can get your whole salary via crypto?
I think it will when this kick off the ground and that is why I like this project, it will make lives easier.Love the projects that are dealing with solutions to improve day to day life.
July 26, 2018, 08:30:33 AM
This is very interesting but it is important to check government policies regarding payroll payout.
Thanks for the interest in our project! You're right, there are lots of regulations around payroll, payments, and lending (and they're different depending on the jurisdiction).
Our core team has spent the last decade working in the space so brings a lot of experience to the table and our initial products won't replace payroll, rather compliment them, and we'll be working with partners before ultimately building our own solutions.
Please check out our road-map and payment product page to learn more: www.workchain.io/workpay
July 26, 2018, 08:22:17 AM
Are there any exchanges currently, or any plans for such?
We are a utility token.
We neither encourage nor discourage the listing of our tokens on exchanges.
July 26, 2018, 08:15:36 AM
Interesting concept... does it mean that you can get your whole salary via crypto?
workPAY will enable optionality in your payouts (complete control for you, the employee). One important note is we are evaluating stable (crypto) coin's for actual payments as while some of us might be willing to roll with the volatility we believe that for any payments solution to go mainstream the volatility (and high fees) need to be removed from the equation.
July 26, 2018, 07:03:35 AM
Are there any exchanges currently, or any plans for such?
July 26, 2018, 06:39:18 AM
Interesting concept... does it mean that you can get your whole salary via crypto?
July 26, 2018, 05:18:26 AM
Are there any plans for bounty campaign?Im asking because thats popular way of spreading the word.
Yes, we will have a bounty starting next month. Please follow our Telegram Channel for the announcement!
July 26, 2018, 05:15:54 AM
I see that you already have alpha released.Is it possible to try it out?
Thanks for checking out our project, Absolutely, you can sign-up at:
https://workchain.io/registration
Great,ill definitely try that!
July 26, 2018, 05:11:21 AM
Check this interesting medium article about Workchain
https://medium.com/workchain-io/introducing-workchain-io-the-blockchain-solution-for-the-future-of-work-89df3ba9e2ea
https://medium.com/workchain-io/introducing-workchain-io-the-blockchain-solution-for-the-future-of-work-89df3ba9e2ea
Thanks for the share, that's our project announcement blog!
July 26, 2018, 05:08:14 AM
Check this interesting medium article about Workchain
https://medium.com/workchain-io/introducing-workchain-io-the-blockchain-solution-for-the-future-of-work-89df3ba9e2ea
https://medium.com/workchain-io/introducing-workchain-io-the-blockchain-solution-for-the-future-of-work-89df3ba9e2ea
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