WorkChain.io Bounty (Changing the way we get paid)
The World Works in Real-Time. Payroll Should Too. The Three Problematic Pillars of the Working World WorkChain.io addresses three core segments of the work economy: identity, payroll and lending. Before discussing how the platform does so, it’s important to first understand the problems of these three segments today: Identity In today’s disconnected landscape, obtaining a trustworthy work and payment identity for workers is next to impossible. For professional profiles, there is a reliance on resumes or LinkedIn profiles, but these contain only user-supplied information that call for laborious and often inconclusive background checks. Similarly, gaining an accurate financial snapshot is difficult. Payment records are often spread across countless employers and, so, unreliable, centralized credit checks must be depended on. A lack of a conclusive, verifiable identity for individuals strips them of ownership of their work and payment histories, and is what leads to costly, ris...