Enjoy real-time finance with Pillar and Sablier

Enjoy real-time finance with Pillar and Sablier

Written by

Romana Basilaris

August 25, 2020

Paydays are becoming a thing of the past. Using Sablier’s money-streaming protocol, you’ll have instant access to your earnings.

You shouldn’t have to wait to get access to the money that you’ve earned. 

All too often, paychecks get delayed and employees struggle to pay unexpected expenses before the end of the pay cycle. At the same time, organizations waste billions of dollars on accounting, invoicing, and timestamping software that leaves a lot to be desired.

That’s where Sablier comes in.

Meet the continuous, autonomous, and trustless payroll built on Ethereum

Smart contract technology makes it possible for money to be streamed in real-time. Think Spotify, but for money. 

Using Sablier, payers set the terms of the contract in accordance with those being paid, and the smart contract does the rest. When the work starts being completed, payments in ERC20 tokens automatically start streaming to payees. 

As such, they automatically have access to the money they’ve earned, eliminating the need to chase up invoices and bills. At the same time, organizations save $ on accounting software and get rid of the hassle of payroll administration.

But that’s not all. The beauty of Sablier is that you can use it however you see fit. While the most obvious use case for Sablier at the moment is payroll, the platform opens up a world of possibilities.‍

“Money-streaming isn’t limited to employers paying their workers. It can literally be used for any kind of payment. For Pillaristas, Sablier could be used to stream payments to Ethereum platforms directly from the Pillar Wallet.”  Read more in the Pillar Ecosystem Zoom Out.

Eventually, Sablier aims to allow users to stream payments for all kinds of regular services like utility bills, taxes, and subscriptions like Netflix. Instead of recurring payments, you’ll have continuous money streams that allow you to pay for services as-you-go – meaning you’ll never pay for more than what you’re actually using.

Explore Sablier in the Pillar app and join our Discord to let us know what you think!