Payroll, Web3 and the $62B Opportunity

"The U.S. payroll industry is a $62 billion behemoth, according to IBISWorld, and fit to be disrupted by the emergent and powerful tools enabled by blockchain. Payroll today is built on top of traditional banking rails, meaning it is rife with inefficiencies, barriers to entry and high cost. An entire ecosystem of payday lenders, overdraft fees and expensive check cashiers has emerged to “support” the payroll industry. These intermediaries cost Americans upwards of $15 billion annually."