Philippine Farmers to Receive Salaries With Blockchain-Powered App

News
Mon, 08/27/2018 - 18:43
Alex Dovbnya
Traxion platform continues fight for economic inclusion of all residents by offering to locals decentralized wallet. The majority are discouraged to use banking services
Cover image via U.Today

Traxion, a Philippian Blockchain-based financial services platform, continues its fight for economic inclusion of all residents by offering local farmers a decentralized wallet for receiving their salary. 

As the company suggests, the majority of farmers are discouraged to use banking services because they do not wear proper clothes, so they usually stick to cash. Traxion now allows farmers to simply download an app that would allow them to effectively manage their payments without the middleman. It also strives to emphasize that Blockchain is much easier than it seems to be.

Subscribe to U.Today on Twitter and get involved in all top daily crypto news, stories and price predictions!

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy