We don’t like to think we’re competing with other products. Rather, we see any technological advancement as good for the world. We’re also working together with other partners in the same space and forming an alliance of companies working toward a similar mission.
As WorkChain.io liberates employees from outdated payroll systems, we believe that their dependence on costly sources of capital loans will be decreased. In this sense, we are competing with:
- Pay-Day Lending Providers
- Credit Card Companies
- Loan Services
Over time, the traditional payroll provider industry will also be disrupted as business will no longer need to “process payroll.” With WorkChain.io, compensating staff, regardless of location, will be managed with a single tool.