WorkChain.io is a distributed, decentralized blockchain-based public ledger that replaces slow traditional payroll cycles with real-time cryptocurrency payroll.
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.
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)
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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