A decentralised version of Brex, Xero, Quickbooks
What problem it solve ?
Managing the payroll expenses on a centralized system is always risky.
1. Single point of control. 2. Single point of failure. 3. Settling/reconciling the accounts very difficult. 4. Auditing process is very time-consuming. 5. Lots of manual work involved in HR, Manager, Accountant part.
What solution I propose ?
A humble attempt to build a decentralized unified platform where one can manage the database of the employee as well as automate their payment. At Fi_Stack you can
1. Enter the details about your employees. 2. Assign the role and manager. 3. Put the payment. 4. Automate the payment on an hourly/weekly/daily/monthly basis through using tokens. Many more..
Challenges I ran into
Understand the new programming language. Understanding new language always requires some effort, but for clarity, it was a bit easy. It would be great if we have some demo on how to connect with low code platform with our clarity code so that a backend developer can build a complete application.
Accomplishments that I'm proud of
Learning clarity Learning Blockstack architecture. Deploying clarity dapp Building dapp which was expected.
What I learned
Tons of things from clarity to blockstack.
What's next for FiStack
This hackathon gave a fair amount of exposure to learning clarity and architecture of Blockstack. Since time duration was short and learning was a lot. Some functionality will be finished in the next stage like automating the payment with token. The current version is a decentralized version of Xero/QuickBooks (payroll), after including the recurring payment feature it would be a decentralized version of Brex.