Bitcoin startup Unocoin pairs up with Bitwage to improve global wage distribution

in bitcoin •  8 years ago 

Bitcoin startup Unocoin pairs up with Bitwage to improve global wage distribution
By Supraja Srinivasan, ET Bureau | Updated: Dec 21, 2016, 12.59 PM IST

MUMBAI: Bitcoin startup Unocoin has partnered with blockchain powered platform Bitwage to improve international wage distribution. Bitwage provides solutions for international trade processing needs, cutting transaction costs and time via blockchain technolog.

The partnership will help Bitwage further expand in India. With the service, Indian employees will be able to receive their wages in rupee terms from companies based in the United States, Europe, and United Kingdom, at typical ..

In the wake of the government’s demonetisation drive, there has been an increasing demand for bitcoin and blockchain technology and Unocoin is making the most of it. The Bengaluru-based company claims to process transactions worth more than Rs 200 mn for over 1,00,000 customers every month.

http://economictimes.indiatimes.com/small-biz/startups/bitcoin-startup-unocoin-pairs-up-with-bitwage-to-improve-global-wage-distribution/articleshow/56099016.cms

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