Saturday, December 14, 2013

Polish Web Style Company Pays Salaries in Bitcoin

Numerous months following becoming one particular of the initial Poland-based businesses to accept payments in bitcoins, web developer and design company EL Passion produced the news once again when it presented its staff the opportunity to acquire their salaries either partly or entirely in bitcoins.


The EL Passion website states that:



“After significantly interest in the business about bitcoin and crypto-currencies in common, we’ve decided to offer our workers with the option of obtaining their salaries paid in bitcoin. This makes EL Passion the very first firm in Poland to pay salaries in bitcoin.


“Open supply is a large component of our company culture, so sending bitcoins peer-to-peer is a logical step forward for us.”



The reaction by the group at EL Passion to the possibility of receiving their salaries in bitcoins was very enthusiastic, far more than half of the staff were keen on the thought of obtaining paid either partially or wholly in bitcoin:



“Most of the salaries have been paid in component in bitcoin, but there were some … who went for 100% in bitcoin payment.”



Primarily based in Poland’s capital city Warsaw, EL Passion says it chiefly specializes in details architecture and user interface design and style for web and mobile applications. It develops Ruby on Rails internet applications, as effectively as apps for iOS and Android.


Robert Nasiadek, Head of Mobile and founder of EL Passion, told CoinDesk:



“I’m a huge supporter of cryptocurrency and am quite significantly interested in building this ecosystem. The 1st step was to accept payments in bitcoins from our clients. Paying the prepared employees in bitcoins appears to be the next all-natural step.



One particular of the newest concepts to promote the use of bitcoins among EL Passion’s employees is to show details on the cryptocurrency on the company’s status board, according to its founder.


In addition to this, EL Passion is actively involved in promoting and fostering the wider use of the cryptocurrency in the Polish economy through different activities.


EL Passion hosted a number of Warsaw Bitcoin Meetups, and also attracted more media visibility for bitcoins by working with Warsaw-based Parking Bar which became the country’s 1st retail organization to accept digital currencies.


“We’ve already had 1st payments for our solutions in bitcoins. We treated the initial months as a test period, as we required to uncover formal options which would enable us to accept bitcoins according to the law, solve all associated troubles and answer all the questions,” Nasiadek said.


The aim is to turn into additional involved in the cryptocurrency market place and operate with a bigger quantity of consumers who share EL Passions fervour for bitcoins, according to Nasiadek.


Where to devote it?


Since July 2013, when EL Passion started accepting payments in the cryptocurrency, the ranks of bitcoin-friendly Polish organizations have additional expanded, enabling the net design company’s employees to devote their challenging-earned bitcoins at an growing number of areas.


According to information from coinmap.org, in Warsaw and its suburbs there are now ten businesses accepting bitcoins, and a further 30 companies across the country.


Even though numerous of these incorporate a wide range of web-connected organizations, other examples include ToruĊ„-primarily based Green Hostel, Wroclaw-based accountancy agency Finesti, and Szczecin-primarily based repair performs business Baltic Improvement.


Spending your bitcoin salary could soon turn into even less difficult in Poland, as an innovative project is at present below improvement by another nearby business.


inpay


In August 2013, Warsaw-primarily based InPay launched a pilot plan which is set to boost the use of the cryptocurrency amongst Poland’s retail outlets.


The firm is aiming to introduce digital currency payments in a number of Polish cities by supplying retailers with payment terminals. Furthermore, InPay say they are also educating retailers on the legal and tax-associated aspects of implementing bitcoin payments at their organizations.


InPay supplies B2B options to restaurants, pubs, coffee houses and retailers. In an interview with regional news site mambiznes.pl, the company’s owners say that by the end of 2013, they will offer you their solutions free of commission to lure prospective clients and boost their trust in digital currencies.


Following the pilot phase is completed, InPay aims to set the commission at a maximum of .5%.


By October 2013, some 70 local retailers applied to participate in the operator’s bitcoin payment network, according to InPay. On its official website, the business says it is currently implementing the beta versions of its service at Poland-based retail outlets.


The latest developments attest that the digital currency is gaining ground in Poland. According to information obtained from Bitcoincharts, neighborhood bitcoin exchange Bitcurex.pl had, on 8th December, a 30-day volume of some 46,912.five BTC and 94.72m PLN ($ 31.3m).


View Polish Web Style Organization Pays Salaries in Bitcoin on CoinDesk.



CoinDesk







Polish Web Style Company Pays Salaries in Bitcoin

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