Project Name: PayTron
Project Track: Web3
Team Name: Team PayTron
Team Member(s): 1 @G.Veyron
Dorahacks Project Link: (PayTron | Buidls | DoraHacks)
Project Goal: Our goal is to create an easy payment platform that allows companies/users to handle Payment and transactions.
Project Info: Paytron’s main aim is to leverage web3 technology and more specifically the Tron blockchain to serve as an employee management and Payroll management system.
The platform also serves the purpose of allowing users to send and recieve funds to their Tron wallets.
PAYTRON.pdf (662.3 KB)
Project Website: (https://paytron.vercel.app/)
Project Test Instructions:
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- Download Tronlink pro wallet extension.
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- Setup your wallet and change it to Nile testnet
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- Go to PayTron official website.
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- Click on connect your wallet, this will take you to the onboarding page where you select your account type, either user or company.
Project Details: Paytron
This An employee management and payment platform that simplifies the process of payment and makes it more transparent
Aim of the platform
The aim of Paytron is to leverage web3 and blockchain technology to provide traditional services that are available in traditional account management platforms but on a more transparent and trustworthy platform
Thereby creating an incentive for the adoption of Tron blockchain and web3 in general
Problems noted
Dependence on regular banking system
Platforms been used by businesses worldwide for the management of salaries and wages are mostly if not all dependent on the regular banking system of the host country which has its fair share of issues which include but are not limited to
- Lack of transparency
- High transaction fees
- Slow transaction times
- Single point of failure issues
Payroll withholding
Using the traditional means of payroll management it is very possible for a company to withhold the payment of a staff member with impunity and this could be due to several reasons such as error in payroll processing ,etc.
Solutions offered by Paytron
With the platform been deployed on the blockchain a lot of the issues encountered using traditional banking means are eliminated in the following ways
- More transparency with open ledgers on the blockchain
- It is highly impossible for any single point of failure in the system to cause a general failure of the whole blockchain
- Transaction fees are relatively cheaper
The platform offers both the users and companies the ability to request payment when the set date has been reached preventing payroll withholding.
Technical explanation of working process
After creating any of the 2types of accounts
As a company they are able to add an employee buy providing details of the employee
While providing these details the date of the next pay the amount to be paid and start date
All these details are then pushed to the smart contract which then subscribes the new employee and prevents payment until the set date
How to run platforms
The platform is deployed on the Nile test net
So in order to run the platform you need to
- Download Tron link pro
- Set it’s network to Nile test net
- Get test net tokens from the testnet faucet
- Create an account
- Test the platform
What’s next for Paytron
Development of e-commerce module to manage sales on the company end
Mobile application development
Deploying for main net
More robust communication system
Tools and technologies
Smart Contract links: TRONSCAN | TRON BlockChain Explorer | 波场区块链浏览器
Project Milestones:
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- Developments of Web platform
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- writing of smart contracts
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- Testing and deploying of smart contract to Nile Testnet
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- Deploying of web platform
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- testing and debugging of web platform
Paytron
A platform leveraging web3 and blockchain technology to manage employee information with smart contracts incoporated to automate the payroll whilst providing high
degree of transparency and accountability.
inspiration
From my time as an intern in the engineering industry working in a company that has only 4+ years in the Power contracting and service industry. I observed the
growing need for small scale or upcoming companies to be able to manage their employees and provide salary or wage payments on-time. The company I interned in was
able to source out a software that allowed for efficient payroll management but at a very high cost. The Idea of paytron was to provide these services
on far cheaper alternative by applying blockchain technology which is generally known to be more transparent and efficient.
Whats next for paytron
In the coming future paytron aims to improve interactivity betweemn employers and their employees by providing a chat or messanger application that would allow
for easier communication between the 2 parties. Integration of features that provide e-commerce solutions to handling movement and management of funds.
Mobile app with REACT NATIVE
