IBM Offers Blockchain Solution for Casual Labor Contracts

Tech giant IBM is developing a new blockchain product that will automate the reconciliation of casual labor contracts.

Technology news site CIO reported on Feb. 3 that IBM considers the blockchain particularly well-suited to tackling the pain point for businesses of resolving discrepancies across thousands of casual work contracts.

A casual work contract — sometimes known as a contingent work contract — is a non-permanent employment relationship,

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Japan Labor Ministry Confused as Crypto Salaries Demand Increased

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Japan’s Labor Ministry is not hiding its confusion as the Tokyo Metropolitan Government and venture companies requested a deregulation of the Labor Standard Act. Japan has respected the “salaries in cash” principle for 70 years under the Labor Standard Act, however with the proliferation of digital money and salaries paid in cryptocurrencies,

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