Grain.io

GRAIN processes labor contracts on the blockchain and provides an instant payment
mechanism for compensating workers. GRAIN reinvents the way we work, and lets workers
share in the success of the platform.

The GRAIN blockchain simplifies labor contracts by processing the work agreement
through a smart contract. At the same time, the ecosystem introduces a compliant, prompt
and fair payment mechanism, all while maintaining full security. The third and final part is
the introduction of a digital savings account for workers who are being contracted through
the system, which can also be used to pay into pension or for shorter-term needs.
To provide a viable solution for work agreements around the world, GRAIN will be flexible
enough to comply with any regulations related to labor. To protect both sides of the
transaction, GRAIN’s protocol also contains a special mechanism for handling the potential
volatility of cryptocurrency.

Using the GRAIN blockchain opens up possibilities for staffing agencies, payrollers, HR system
developers, accounting software and many others. It allows organizations to utilize
objectively measurable and transparent labor contracts while substantially lowering overhead
costs of work agreements.

In short, GRAIN provides the 100-billion-euro payroll industry (as determined by the annual
reports for the top twenty companies) with a transparent, secure and democratic ecosystem
for labor by upgrading the existing system to one based on the sharing principle.