Global freelancing marketplace leader MicroWorkers (MW) is integrating the Ontology blockchain to support its growing AI demands and enable workers and employers to use their ONTO digital wallets to receive and send crypto payments.
MicroWorkers is an innovative online platform that connects employers and freelancing workers from all around the world. MicroWorkers is the #1 alternative to Amazon Mechanical Turk and is accessible to enterprises and freelancers in over 190 countries globally.
Ontology is a high-performance public blockchain and distributed collaboration platform. Powered by the Ontology Token (ONT), the platform allows businesses to enjoy the benefits of smart contracts and tokenization while retaining control of their sensitive data. Ontology’s features include ONT ID, a mobile digital ID application and DID used throughout the ecosystem, and DDXF, a decentralized data exchange, and collaboration framework.
Following the initial confirmation of the partnership last month, this latest phase of the collaboration saw Ontology work closely with Microworkers to oversee the integration of its ONTO Wallet with the MicroWorkers platform, thereby enabling users to receive their rewards through methods other than PayPal and Payoneer, and increasing access to capital for many around the world. MicroWorker users are also able to securely store and share their account history and reputation score through their ONT ID on-chain, allowing for cutting-edge encryption while placing sole control of the data in the hands of the user. With the initial test phase of the integration now completed, these services will soon be available to all MicroWorkers users.
“Using their ONTO digital wallet, MicroWorkers users can withdraw Binance USD (BUSD) digital currency, and then deposit euros into their debit cards,” Ontology said. “This greatly expands the amount of withdrawal methods and currency types available for users of MicroWorkers, giving them greater choice over how they get paid for their work. There are also a number of other benefits for users, including a significantly lower withdrawal fee rate, which at 2% is lower than other withdrawal methods on the current MicroWorkers platform. In an effort to attract more users to participate in the initiative, a number of additional benefits will be offered, including the elimination of card opening fees and the wider availability of digital currency rewards. Finally, an income certificate can be generated on ONTO with one click, which provides convenience for users when seeking related jobs, and also makes ONTO’s functions more demonstrative.”
Nhatvi Nguyen, CEO of MicroWorkers, said that by enabling this integration with Ontology, they are making significant strides in terms of how their workers can get paid.
“We believe that this development will promote a new level of financial freedom among our platform users and enable them to benefit from the number of exciting new services that we have in the pipeline,” said Nguyen. “We see blockchain and digital identity as hugely important, and we’re dedicated to leveraging these emerging technologies to provide micro workers around the world with the best possible experience.”
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