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What is Truebit?

Truebit acts as an enhancement to blockchain technology, enabling smart contracts to carry out complex computations using traditional programming languages while reducing gas fees. While smart contracts are adept at managing small computations with precision, they encounter considerable security risks when dealing with larger tasks. To tackle this challenge, Truebit implements a trustless oracle that upgrades existing frameworks, ensuring that complex operations are performed accurately. Smart contracts can submit computation requests to this oracle as WebAssembly bytecode, and in exchange, anonymous miners receive rewards for supplying correct solutions. The oracle's protocol guarantees accuracy through two distinct layers: a unanimous consensus layer that allows anyone to dispute incorrect results and an on-chain mechanism that encourages participation and ensures fair compensation for contributors. This implementation is achieved through a creative combination of off-chain infrastructure and on-chain smart contracts, thereby boosting the overall efficiency and security of blockchain systems. By improving computational reliability, this dual strategy also cultivates a stronger ecosystem for decentralized applications, paving the way for more advanced use cases in the future.

What is Pivot Remuneration?

Transform your salary assessment method from a source of anxiety into a pathway for achievement. By creating an efficient system, you position yourself as a leader in workforce management. The evaluation of employee compensation and benefits can be complex and emotionally charged, often placing heavy burdens on human resources teams. Be it about raising salaries, managing intricate incentives, or allocating bonuses, Pivot Remuneration guarantees effective budget management, successful policy implementation, secure data handling, and timely, insightful reporting. Moreover, the vital communication with employees through letters or emails will be precise and tailored to individual needs. Our clients value the simplicity of Pivot Remuneration; its intuitive navigation and supportive workflow guide users seamlessly through the evaluation process. With Pivot Remuneration, managers are empowered to make informed and consistent choices, which ultimately cultivates a more engaged workforce. This forward-thinking approach not only improves the overall experience but also nurtures a culture of openness and trust throughout the organization, bringing about enhanced collaboration among teams.

Media

Media

Integrations Supported

Ethereum

Integrations Supported

Ethereum

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Truebit

Date Founded

2017

Company Website

truebit.io

Company Facts

Organization Name

Pivot Software

Date Founded

2001

Company Location

New Zealand

Company Website

www.pivotsoftware.com/remuneration

Categories and Features

Compensation Management

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning

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