With BlockDAG's presale raking in nearly $375 million, it is becoming pretty clear that cryptocurrency payments are not just a fad for European SMEs. But what does this mean for companies looking to integrate blockchain payroll solutions into their workstreams and pay their employees in crypto?
BlockDAG and the New Normal of Payment Processing
BlockDAG is blending Proof-of-Work (PoW) and Directed Acyclic Graph (DAG) technologies to create a new paradigm for payment processing. By doing this, BlockDAG can process multiple transactions at once, reaching speeds of up to 15,000 transactions per second (TPS) without sacrificing security. For SMEs, this means that crypto payroll for startups could become a viable option for paying employees.
Trust in the Community
If it wasn't clear before, BlockDAG's presale has built a solid foundation of trust. With over 200,000 token holders and 4,500 developers building decentralized applications, the community surrounding BlockDAG is large and active. This can help to ease the concerns of SMEs looking to adopt crypto payroll for DAOs, given the support and engagement the community offers.
Why This Should Matter to You
The success of BlockDAG's presale may be the push that SMEs in Europe need to start adopting blockchain payroll solutions. The technology has the potential to make payments faster, cheaper, and more secure. This could be the moment that convinces SMEs to explore crypto payroll options and other decentralized payroll tools.
Real-World Examples
We are already seeing the emergence of real-world applications. Companies are paying contractors in Nigeria in cryptocurrency to get around traditional banking obstacles. A government official just received their salary in crypto. This shows that BlockDAG's success can lead to similar initiatives across Europe, making the idea of crypto payroll less theoretical.
The Road Ahead
As BlockDAG builds on its presale success, it could help usher in a new era of crypto payroll for startups. This could change how both startups and DAOs manage their finances. The future looks promising, as blockchain payroll solutions become more accepted and widespread.
