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Brainstorming The Most Profitable AI Business Ideas
The Startup Ideas Podcast
Exploring Smart Contracts and Employee Incentives with Cryptocurrency Rewards
The use of smart contracts eliminates the need for third-party trust, making cryptocurrency an interesting option for employee incentives. By integrating smart contracts with service providers, payments can be secured and automated, avoiding financial difficulties faced by agencies. An example is given where an agency incentivizes employees using a platform called 15 five, rewarding them with cryptocurrency for timely submissions, high ratings, and meeting deadlines. This approach increased engagement significantly and allowed for tracking performance to make informed decisions on promotions and evaluations.
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