A Web3 wallet is an ideal gateway to a whole host of crypto applications running on blockchains.
It allows you to send, receive, or store cryptocurrencies securely without the need for a 3rd party like your bank.
Employers initiate signatures to approve milestones, timesheets, and projects effectively deploying payments directly to its independent contractors. Once the signature is in, contractors instantly receive payment and can choose to withdraw their payment to their account whenever they choose. Built with flexibility in mind: Different Pay schedules possible New kind of transactions
Decentralized Finance, or DeFi, is the collective term for peer-to-peer financial services and applications on public blockchains.
Think of what you can do with regular banks: borrow loans, lend money, earn interest, trade assets, etc. Now imagine you could do all those same things, but without all the paperwork and third-party intermediaries. That’s DeFi.
Pay contractors or freelancers for a set amount of work or hours. As soon as the work has been completed, the smart contract swings into action and processes the payment, without the hassle of working with the payroll team