- Crypto / Web3
First Private crypto payroll all-in-one solution for web3 organizations. It is also the first DAPP project based on Polygon Nightfall
I truly believe that Crypto's mass adaptation will come, we wanted to contribute to the ecosystem by accelerating it.
We came to the conclusion that if Crypto Payroll became more popular, it would contribute greatly to mass adaptation.
Although they are not the majority, in fact, quite a few people in the Web3 scene were already paid with crypto, and statistics show that the amount of crypto paid as wages is expected to increase. In this context, solutions that make crypto payroll easier were also emerging recently.
However, the biggest problem with all of these services is that all transactions are inevitably transparent due to the characteristics of the existing blockchains, and all the salary amount, timing, and recipient's wallet address are disclosed.
In fact, most companies are reluctant to disclose the amount of wages employees receive due to their advantage in salary negotiations and relationship issues between employees.
So existing crypto payroll services do not meet the company's needs regarding this privacy issue, and this is one of the biggest reasons why crypto wage payments are not becoming popular.
Althea Payroll solves this problem via Polygon Nightfall.
Despite Griffin's use of Legit Layer 2 on Ethereum, All payroll transactions through Althea Payroll remain non-transparent and private.
Shivam Agarwal (Blockchain + Full Stack Developer)