Episode 17 | Oliver Schantin from Basenode on Crypto Payments & Invoicing for Freelancers

Freelancing , remote working and crypto have already disrupted the way we work, and I believe in the future, these 3 combinations will become the rule rather than the exception. One startup that caught my eye and that I’ve been following for a while now is Basenode, as in their words, Basenode’s mission is to empower freelancers to embrace crypto payments. Based in Berlin and backed by the venture capital firm Blockchain Founders Group, Basenode has recently launched its beta version.  My guest is Oliver Schantin, the CEO and Co-Founder of Basenode, where we discuss how the platform they are building can empower freelancers to switch to the emerging token economy. In this episode, we will discuss; Why freelancers should consider switching from fiat invoicing to crypto invoicing; Challenges faced by crypto freelancers; The practical steps to switching from fiat to crypto; How smart contracts can improve the invoicing process; Challenges for adoption and much more. This episode is brought to you by AuditChain - the world's first decentralized continuous audit and real time reporting protocol. Traditional audit methodology focuses on “materiality”, not accuracy. We are constrained by time and cannot audit 100% of the transactions, and therefore we perform sampling. AuditChain decentralizes audit and uses an independent assurance methodology that automates auditing tasks, and continuously audits 100% of the transactions. With AuditChain, Chartered Accountants and professionals will write and own Process Control NFTs that automate internal and disclosure controls, where these NFTs pay royalties in return. With more and more automation, accountants will increasingly find themselves becoming redundant. If you are a forward thinking CPA or Chartered Accountant, and want to participate and be in touch with the latest developments from AuditChain in decentralizing the audit profession using blockchain, you should apply for membership by visiting DCARPE Alliance. If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes. It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. Together we can help accountants prepare themselves for a blockchain future. For show notes and past guests, please visit theaccountantquits.com/podcasts/ Follow The Accountant Quits: Instagram: instagram.com/theaccountantquits/  LinkedIN: linkedin.com/company/the-accountant-quits