Transparent contracts. Drastically reduced overhead costs. And instant payments.
Facilitated by Grain’s blockchain solution.
Agreements
How Grain changes the world of work agreements.
The administrative processes to handle a dynamic workforce are cumbersome and expensive.
By moving work agreements and payment to the blockchain, both sides of the transaction benefit tremendously:
Cut inflated labor costs
Companies can save billions in expensive payrolling and other middleman services by organizing work agreements through GRAIN.
Cross-currency payments become 10x cheaper
Transferring money to workers becomes cheap by eliminating unfavorable exchange rates or high transaction costs.
Stop cash flow issues due to late payments
Instant payments after delivery of work ensures contractors never get in trouble with their cash flow.
Transaction
How does a transaction work?
Once a worker and employer make an agreement about the work to be delivered, the process is simple:
1) Agreement details are logged on a smart contract.
2) Work is delivered and consensus is reached.
3) Instant payment from company to worker.
Core elements
The core elements that fuel modern work agreements
The protocol’s five elements make it a solution that facilitates reliability, flexibility and compliance.
Labor contract
Details of the work agreement.
Payment
Instant (international) transfer of funds
Harvest
Allowing workers to benefit from the success of GRAIN
Liquidity insurance
Protection against fluctuations in value
Governance
Ability to answer to regulatory and compliance requirements
Better work agreements through transaction partners
Grain is the new operating system of work. Its protocol will be the basis and infrastructure for transaction partners to process work agreements on the blockchain.
Discover
Discover what Grain is all about.
Interested to discover more about why a solution like Grain is needed? And how the mechanisms behind it work? Then have a look at one of our supporting documents:
Release of first public version of the whitepaper.
Pre-ICO and initiation of Grain Foundation
Q1 / 2018
Public whitelisting and token sale of Grain tokens.
First ditribution of developer funds.
Q2 / 2018
First public beta of Grain API set.
Listing on first exchanges. Public release Flexentral.
Foundation
The Grain. foundation
The GRAIN ecosystem is managed by an foundation to ensure future development.
The organization acts as a non-commercial organisation that is responsible for managing the technical infrastructure and onboarding new transaction partners.
Whitepaper
