System and Method for Aligning Employee Incentives with Project Performance Using Smart Contracts and Distributed Ledger Technology

A system for enabling employees to stake funds into company projects and receive payouts based on project Key Performance Indicators (KPIs), the system comprising:

• a. one or more processors;
• b. a memory coupled to the processor;
• c. a network of connected computing devices and sensors coupled to the processor;
• d. a distributed ledger accessible by the one or more processors;
• and
• e. a non-transitory computer-readable medium storing instructions that, when executed by the one or more processors, enable the system to perform operations comprising:
• i. receiving data indicating an employee's request to stake a monetary amount into a company project, wherein the request comprises project parameters defining a smart contract;
• ii. generating the smart contract based on the received data, wherein the smart contract is stored on the distributed ledger;
• iii. storing, in the non-transitory computer-readable medium, information comprising a record of the employee's stake in the project, the employee's identifier, the project identifier, the staked monetary amount, a timestamp, and the associated smart contract;
• iv. monitoring KPIs generated by the project over a period of time using the network of connected computing devices and sensors;
• v. calculating a payout amount for the employee based on the monitored KPIs data and the staked monetary amount using the smart contract;
• and
• vi. automatically executing the smart contract to transfer the calculated payout amount to the employee via a cryptocurrency transaction on the distributed ledger.