Blockchain and Smart Contracts for Productivity with Automated Token Distribution

Introduction 

High staff morale drives productivity; CEOs aiming for business success must establish organizational processes and implement reward programs that encourage employees to excel.   

Avenga decided to design a company-wide crypto-based automated token distribution system and develop a corresponding add-on to Atlassian’s Jira. This system enables staff members to clearly showcase their efforts and achievements and, in return, receive tokens they can later redeem for goods and services of their choice. 

Challenge 

• Create an Ethereum-based employee appreciation system powered by smart contracts and fully integrate it with Atlassian’s Jira.   

• Reduce the administrative costs associated with the company’s current reward systems management by enabling automatic accounting and distribution of tokens through smart contracts. 

Solution

Process

The process involved a structured four-step approach: 

Write three smart contracts that will collectively control and precisely distribute our loyalty tokens.

Test the software on the Ropsten network, Ethereum’s testing environment, to observe how the code interacts with the blockchain; iteratively calibrate our development efforts to produce a faultless and fast system. We will use the Geth client to deploy the code. 

Develop an intuitive Jira plugin that connects the issue management tool with the Ethereum blockchain; embed the gadget in Jira’s dashboard to ensure convenience for staff members. 

Set up automation through Jira Workflow. Ensure that after a ticket is created, describing an employee’s milestones/achievements, no further effort will be required on their part.

Results

An elaborate tool that bridges Jira, our preferred issue management system, and Ethereum – the most versatile blockchain network available. 

Smart contracts that provide the necessary access, authorize the issuance process, and automatically distribute tokens to employees’ wallets. 

An Ethereum-based reward system that, utilizing the breakthrough advances of the blockchain network, will help us overcome inherent flaws of conventional employee loyalty systems, cut administrative costs, and better incentivize our staff. 

Ready to innovate your business? 

Let’s talk