Philippine Farmers to Receive Salaries With Blockchain-Powered App

  • Alex Dovbnya
    📰 News

    Traxion platform continues fight for economic inclusion of all residents by offering to locals decentralized wallet. The majority are discouraged to use banking services

Philippine Farmers to Receive Salaries With Blockchain-Powered App

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.

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an 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.

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