WorkChain is a project and a platform that has the aim to make earning cryptocurrency possible for anyone who receives a paycheck.
They give workers instant access to their paycheck the moment they clock out. It’s your earnings on your own terms — true financial control that everyone deserves. And by automating the entire work to paycheck flow on the blockchain, they free employers from payroll processing time and costs.
How It Works
- An employee’s hours, shift or attendance is verified through the WorkChain app.
- Each time they clock out, the earned funds become available for instant withdrawal.
- WorkChain pays workers what they’ve earned in cryptocurrency.
The WorkChain network has three decentralized applications (Dapps) that make real-time payments possible:
- workID — A verified blockchain-based professional ID linked to work and payment records.
- workPAY — Enabling instant pay for workers and automated payroll for employers.
- workPAY ADVANCE — An alternative to predatory payday loans that gives workers a pay advance based on past earnings and future work.
What Makes WorkChain.io Unique!
This platform will play a significant role in bridging the gap to make cryptocurrency mainstream. And, unlike other payroll benefit companies, employers don’t have to be signed up for employees to access their pay instantly — it can be advanced through WorkChain.io’s low-cost lending ecosystem.
Here are some of WorkChain.io’s features:
- Instant, secure cryptocurrency paychecks using a stablecoins (e.g. TrueUSD).
- True decentralization — no banks or third-party processors.
- Reduced payroll transaction and processing fees.
- Verified work records for hands-off payroll.
- Easily cash out crypto payments in any currency.
- Pay advances based on forecast work.
WorkChain utility Tokens
The WorkChain.io ecosystem and the interoperability of its applications will be powered by the platform’s native utility token, WorkChain App Tokens known as the ‘'WATT Token'’.
The first thing WATT tokens does is to get you onto the platform. Like a membership pass. Secondly, it powers the platform transactions, including those of the applications like workID and workPAY.
WATT Tokens are like a software license key that unlocks access to the WorkChain.io platform, its data, various features and Dapps.
The WorkChain is LIVE
The WorkChain.io project is not just an idea or concept. It’s a fully built product that you can try out today.
You can read through the project Whitepaper HERE.
WorkChain the platform that puts your earnings in your pocket the moment you clock out.
Get More Info on the project by following any of these LINKS:
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