Indian Bitcoin company Unocoin has partnered with Bitwage, a blockchain-operated payroll platform, to enable Indian employees to receive their wages in INR from international companies at more competitive rates. Bitwage's transfer mechanism enables Indian employees to receive their wages in Bitcoin, a currency that is entering mainstream use following the Indian government's demonetisation of INR5,000 and INR1,000 notes. Presently, Uber, Facebook, Google and Airbnb use Bitwage to send money to their employees.
Indian bitcoin company Unocoin has partnered with Bitwage, a blockchain-operated payroll platform, to enable Indian employees to receive their wages in INR from international companies at more competitive rates. Bitwage's transfer mechanism enables Indian employees to receive their wages in bitcoin, a currency that is entering mainstream use following the Indian government's demonetisation of INR5,000 and INR1,000 notes. Presently, Uber, Facebook, Google and Airbnb use Bitwage to send money to their employees.