wyf-accept / omnix

OmniX Payroll - On-chain Payroll Platform

OmniX is a decentralized, private on-chain payroll system that empowers Layer 2 ecosystems and solves the real-world problems related to lack of applications like payroll, card payments, and high entry barriers via on/off-ramps.

Table of Contents

• Overview
• Features
• Architecture
• Workflow
• Roadmap
• Contact

Overview

OmniX provides a win-win solution for Layer2, employers, and employees. In OmniX, businesses can privately automate employee salaries, manage contractor payments, generate P&Ls, treasury balance, spending, net value, etc. and conveniently on and off ramp into fiat currencies and bank accounts.

Features

• Private On-Chain Payroll: OmniX uses a ZK settlement mechanism allowing employers to distribute crypto earnings without revealing treasury or salary details.
• Multi-Chain: OmniX is designed to work across multiple chains, providing flexibility and expanded reach.
• On/Off Ramps: OmniX provides on/off ramps to traditional financial services, enabling the practical utility of crypto payroll in real-world applications.

Architecture

Our solution shields the original naked income data from the chains, adding the missing piece to the puzzle of a current decentralized crypto payroll system. We design three contracts as the fundamental cornerstone for the whole mechanism:

• HR Contract: Handles operations related to depositing salaries, initiating transfer, and updating hash values.
• Employee Contract: Handles operations related to verifying deposits and claiming salary.
• Privacy-Enhanced Contract: Handles operations related to encrypting and decrypting salary amounts, and verifying Zero-Knowledge Proofs.

OmniX Architecture Figure Here (TODO)

Workflow

The workflow of the Privacy-Enhanced Contract includes setting up a PEC account, funding the account, making confidential transfers, and withdrawing funds.

OmniX Workflow Figure Here (TODO)

Contact

Follow our updates and join the conversation:

• Telegram: @andrew_capasso

Please note that this project is in early development stage. We encourage developers to explore, contribute, and provide feedback to help us improve.