BoB (Bitcoin Organization Builder) focuses on enhancing organizational finance via the Bitcoin blockchain, promoting security, transparency, and efficiency:
- **Transparency:** Utilizes the Bitcoin mainnet for an open, verifiable transaction record, ensuring visibility for authorized stakeholders.
- **Security:** Emphasizes strong security with multi-signature authorization, time-locked contracts, and a Masterkey system for secure signature management, potentially accessible via a mobile app.
- **Efficiency:** Streamlines financial processes through automated scripts, facilitating complex wallet systems for agile fund management.
BoB leverages Bitcoin's strengths to optimize financial operations, providing a secure and transparent platform for organizational finance.
BoB is designed to provide a suite of Bitcoin-based tools for organizational use, focusing on:
- **Wallet Management:** Offers hierarchical wallet management, enabling address generation, balance monitoring, and transaction history tracking, ensuring HD standards compatibility.
- **Transaction Scripting:** Automates Bitcoin transactions with scripting to simplify complex transactions like batch processing and automatic fund redistribution based on predefined rules.
- **Multi-Signature Processes:** Incorporates multi-signature authorization to enhance security, requiring multiple approvals for transactions, and supports various organizational governance models with flexible multi-signature setups.
- It works on the basis of DID, which creates an employee profile to which they are recorded:
- Time log from the time tracker.
- Commits from GitHub made by the employee.
- An organization creates contract terms, for example:
- To receive a salary (a transaction from the salary treasury that is programmed with an overgrown DLC), an employee must record 100 labor hours and make 30 commits.
- To get a bonus in the amount of X, 140 hours and 50 commits are required.
- 2.1 Contracts (DLC for a fix with a human oracle on the QA onboard).
