Home Altcoins News Receiving Dash Cryptocurrency as a part of the Income in Venezuela

Receiving Dash Cryptocurrency as a part of the Income in Venezuela

dash venezuela

Ernesto, Head of business Development at Dashpay expressed, “Venezuela’s yearly inflation decreased to 2650%, according to local firms. But let me put that into images: -In March 2020, I had a hotdog in Caracas; they would take Dollars at a rate of 75000 Bs/unit. -A year and 2 months later, the same place accepts them at 3100000 Bs/Unit.”

Previously, Dash have completed their first payroll solution pilot in Venezuela with great results.  Since January, select Church’s Chicken employees received Dash as part of compensation, avoided payment problems and learned how to use DashPay.

The dasher pay is the tool developed for the pilot they ran with Church’s Chicken.  This tool makes receiving Dash simple for the company: It is easy to sign up for the program, get trained by one of Dash’s team, and list the employees who want to receive Dash, acquire, and process bonuses.

They have tested the pilot for 3 months to get feedback to make sure non-crypto users felt comfortable with receiving Dash as part of their income. In a survey, 72% of individuals had not been exposed to crypto before, and 81% of them had not traded Dash. Great onboarding tool.

Thus, salary payment option for employees as a solution for the lack of infrastructure for payments in the country due to hyperinflation has been made possible by Dash.

Dash is the digital cash you can spend anywhere.  Many things are possible with Dash already like booking travels.

Meanwhile, the decentralized governance in Dash allows anyone to submit a proposal. The network decides which projects to fund.  4% of 4945 DASH available has been allocated.  It’s the final countdown! The voting deadline ends May 26, 2021.

Meanwhile, Dash Core Group Announced the Release of Dash Core v0.17.0.2.  This is a major release and is a mandatory upgrade for all master nodes, miners, and users.

Ryan Taylor expressed, if you know nothing about crypto, its time you learn. Don’t dismiss it as “funny money” that’s the stuff in your bank account.

About the latest testnet DashPay wallet, many feel it is awesome, but that the crypto space is not ready for this level of crypto payment refinement; however, ultimately they will be ready.

Also, Do yourself a favor and start paying attention to Dash Invests, “the world’s first decentralized hedge fund” as supervisor Michael Lewis puts it. Anyone who owns Dash can be considered part owner in the Foundation and its assets. This is considered revolutionary!

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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