Indians Can Now Get Paid in Rupees by International Firms via Bitcoin

[kreslik.news]

India’s Unocoin, which recently raised $1.5 million, has launched a new partnership with Bitwage, a blockchain-powered international payroll platform. This is meant to empower millions of workers in India by cutting exchange and cross border transaction costs as well as time. Bitwage is already used by companies like Uber, Facebook, Google, and Airbnb to send money to their employees around the world.

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The two firms explain that contractors, employees, and businesses need only sign up on Bitwage; once they select INR as their currency, an Unocoin account ... (read more)