back Back

MicroWorkers implements Ontology’s ONTO Wallet to offer additional payment options for workers

By Pavithra R

March 09, 2021

  • America
  • Microworkers
Share

MicroWorkers implements Ontology's ONTO Wallet to facilitate additional payment options for workers

Ontology, provider of high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems, and Microworkers has announced the latest phase of their collaboration underwhich Ontology will oversee the integration of ONTO Wallet with the MicroWorkers platform, enabling payments other than PayPal and Payoneer.

“We are proud to help users & employers of MicroWorkers to get paid through ONTO app with an identity platform as a way to deliver services at a time when most needed,” said Li Jun, Founder of Ontology.

The partnership will allow MicroWorkers to leverage the Ontology blockchain to support its rapidly growing AI demands & enable workers to use ONTO to transfer crypto payments. Users can securely store and share their history and reputation score through their ONT ID on-chain with cutting-edge encryption while maintaining data control. With the initial test completed, this will soon be realized to all MicroWorkers users.

“By enabling this integration, we are making significant strides in terms of how our workers can get paid. This will promote a new level of financial freedom and enable users to benefit from new. We’re dedicated to leveraging these emerging technologies to provide users with the best possible experience,” said Nhatvi Nguyen, CEO of MicroWorkers.

The last phase of the alliance will enable users to withdraw BUSD, and deposit Euros into their debit cards. There are also other benefits for users, including the lowest platform withdrawal fees at 2%, eliminating opening fees, and more. A digital currency rewards area is also added. Finally, an income certificate can be generated with one click to help job seekers. 

Previous Article

March 09, 2021

Federal Bank and ICICI Securities tie-up to provide trading services

Read More
Next Article

March 09, 2021

Worldline achieves Mastercard Enhanced Contactless (ECOS) certification

Read More








IBSi Daily News Analysis

March 22, 2024

America

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

5 Major FinTech Acquisitions announced in March 2024

Read More

Today

Tempo France suspends classical remittances, to focus on DeFi

Read More

Today

Sindhuja Microcredit secures $14.5m in Series C Funding round

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023