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) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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