Payroll Protocol is a confidential money distribution platform built on top of BASE , designed to provide confidentiality during the distribution of funds on-chain. By leveraging FHE cryptography and smart contracts
Payroll Protocol is a confidential money distribution platform built on top of BASE, designed to provide confidentiality during the distribution of funds on-chain. Leveraging FHE cryptography and smart contracts, and using hyperplane for communication in between the protocols Payroll Protocol ensures the confidentiality, security, and efficiency of money distribution.
Overview Payroll Protocol integrates Dynamic wallet SDK, BASE and Fhenix to enhance user experience while confidentially distributing money.
Fhenix provides hidden states to store encrypted addresses that hold encrypted amounts on the Fhenix network, ensuring that all transactions are secure and confidential. This integration guarantees that money distribution details and recipient information remain confidential. It uses modified Hyperlane infrastructure to bridge these state values from BASE to FHENIX and vice versa.
Key Features Encrypted USDC Distributions: Protects sensitive information with robust encryption methods. User-Friendly Interface: Simplifies the payroll process with one click, thanks to BICONOMY SDK. Stealth Hold: Users can hold stablecoins for an indefinite amount of time without revealing the amount. Underline Distribution: Users can completely hide their withdrawals by distributing the encrypted amount to different encrypted addresses on their behalf, providing an experience similar to Tornado Cash.
Tech Stack Frontend: Next.js, Tailwind CSS Authentication & Wallets: Dynamic Backend & Smart Contracts: Node.js, Solidity Blockchain: BASE, FHENIX Encryption: FHE scheme Payroll Protocol integrates Dynamic wallet SDK, BASE and Fhenix FHEVM to enhance user experience while confidentially distributing money.
FHEVM provides hidden states to store encrypted addresses that hold encrypted amounts on the network, ensuring that all transactions are secure and confidential. This integration guarantees that money distribution details and recipient information remain confidential. It uses modified Hyperlane infrastructure to bridge these state values from BASE to Fhenix and vice versa.
Key Features Encrypted USDC Distributions: Protects sensitive information with robust encryption methods. User-Friendly Interface: Simplifies the payroll process with one click, thanks to Dynamic Wallet SDK. Stealth Hold: Users can hold stablecoins for an indefinite amount of time without revealing the amount. Underline Distribution: Users can completely hide their withdrawals by distributing the encrypted amount to different encrypted addresses on their behalf Usage Connect your web3 wallet. Navigate to the distribution page. Enter the recipient addresses and amounts. Confirm the transaction to distribute funds confidentially.