The problem CryptoPe solves

CryptoPe

🎯 The Problem

1. Hiring external contractors that are skilled at what they do but only need to be hired for a project and as an external part of the company, its legally difficult to send them money from a different company. A lot of legal navigation is involved. Crypto payments benefit here because of its decentralized nature.
2. Payment wire transfer prices are too high, not affordable by smaller companies.
3. Under-developed countries can benefit for cryptocurrency payments of stable coins (USDC, DAI) as they tend to be stable then their currency.
4. Hectic and tedious employee-to-employee payment procedure.

🚀 The Idea

• Business owners should be able to pay their users with stable cryptocurrencies easily with one click.
• A business owner can join the CryptoPe platform and have a easy to use dashboard for managing all employee payments.
• All employees can receive their salaries with minimal gas and check their payment history.
• Business owners and admins can remove users, set salaries for users ( $USDC $DAI or some other stable coin ) ( per a certain period of month ), send bonuses, send salary, check total amount sent. They can send salary to every employee at the same time, and they can also filter users by role, etc
• organization will connect an account to organization from which the funds are sent - to add users to organization - add user by username or crypto address ( unique ) - send expirable link to page to add user to org where they will login / sign up to cryptope and connect their wallet - connected wallets with additional data is stored centrally on a server and showed to biz owners on their dashboard
• Send email notifications for every payment sent with receipt

Challenges we ran into

One of the team member got ill, so that slowed us down a lot. So we had to adjust with minimal features and jugaad here and there.