The Crypto Compensation Initiative

Aliant Payments has made waves in the fintech world by announcing a unique approach to compensation: employees will now receive a portion of their paychecks in cryptocurrency. This initiative aims to foster a deeper connection between employees and the digital currency realm, allowing them to become invested customers and advocates for the shift towards digital assets.

CryptoBucks: A Merchant’s Best Friend

Launched back in 2017, Aliant’s CryptoBucks is a specialized processing system designed specifically for merchants who wish to delve into the world of cryptocurrencies. By mid-2018, they developed a proprietary, fully compliant system that ensures seamless crypto transactions. Merchants utilizing the service can convert crypto directly to USD, also enjoying the perk of next-day payouts.

The Vision of Aliant’s CEO

CEO Eric Brown is spearheading this innovative strategy, stating, “Adoption happens when you’re able to earn cryptocurrency and then go on to spend it.” His vision not only emphasizes the importance of earning crypto but also encourages a more integrated approach to its use. By providing employees with crypto as part of their compensation, they are not just working with it—they are living it.

Industry Trends in Employee Crypto Engagement

Aliant is not the only firm moving towards a more crypto-friendly workplace. The big players in the industry, like the Bitfury Group, are also stepping up by launching various solutions to expand crypto usage by merchants. Product offerings include open-source Bitcoin wallets and hardware payment terminals, all geared toward boosting the adoption of Bitcoin’s Lightning Network, known for its off-chain scalability.

Examples from Other Companies

Examples of workplace innovations don’t stop at Aliant. Deloitte, one of the Big Four accounting firms, has taken its own creative leap by allowing staff to pay for meals in their canteen using a mobile Bitcoin wallet. Such initiatives are paving the way for a future where digital currency transactions are commonplace in everyday life.