►
From YouTube: Core Unit Tools #05 through: Bitwage - April 16th, 2021
Description
Core Unit Tools #05 through: Bitwage
In this episode we’ll be joined by Bitwage. They create solutions for remote workers looking for work and to optimally receive their wages.
Agenda: https://forum.makerdao.com/t/core-unit-tools-05-through-bitwage-april-16th-16-00-utc/7449
Governance Forum:
https://forum.makerdao.com/
Disclaimer: These calls and the summaries are produced and hosted by MakerDAO community members. Content produced by the community are not the statements or views of the Maker Foundation.
A
A
B
B
B
As
you,
you
may
or
may
not
know,
we
ended
up
moving
from
a
benefit
to
a
cross
border
solution.
So
companies
use
us
to
pay
workers
all
over
the
world,
but
we
also
have
a
b2c
solution
where
workers,
freelancers,
gig
workers
sign
up,
and
we
give
them
access
to
bank
accounts
in
the
us,
the
eu
in
the
uk,
and
they
get
to
put
that
on
an
invoice
and
give
it
to
any
company
paying
them
and
then
what
they
get
to
do
is
choose
how
they
get
paid.
So
through
our
service.
B
Historically,
people
have
been
getting
paid
either
in
in
bitcoin
or
in
local
currencies.
But
what
we
announced
just
this
week
is
the
ability
for
you
to
get
paid
in
the
eye.
So
now
you
have
the
access
to
get
digital
dollars
into
your
wallets
anywhere
in
the
world,
working
from
anywhere
in
the
world,
getting
paid
from
any
company
that
that
that
that
can
in
the
usa
in
the
uk.
So
that's
kind
of
the
high
level
of
services.
B
Oh
another,
another
service,
that's
important
to
talk
about
is,
is
we
also
provide
capabilities
for
companies
that
have
cryptocurrency
like
die?
If
you
have
a
treasury
of
dye
and
you
need
to
spend
that
treasury
to
pay
your
workers,
your
freelancers,
your
vendors,
what
have
you
you
fund
with
that
currency
and
then
the
recipients
choose
what
they
want,
so
they
can
get
died.
They
can
get
dollars
or
euros
brazilian
real.
They
can
get
other
crypto
as
well.
B
So
that's
that's
kind
of
the
high
level
I've
done
100
million
dollars
of
transactions
and
have
over
open
recipients
on
our
platform
that
have
been
using
us
and
from
and
with
that,
I'm
going
to
hand
it
over
to
fabiano.
Who
will,
I
guess,
give
more
details
on
the
ins
and
outs
of
the
system
and
perhaps
you
know,
show
show
a
little
demo
of
it.
C
C
C
I
started
with
brazil,
which
was
one
of
the
first
along
with
philippines,
the
markets
outside
of
the
us
that
started
gain
some.
You
know
considerable
volume
and
then,
from
that
today
I
help
all
the
fronts
international
fronts,
new
ones,
that
they're
popping
up
where
you
know
crypto
has
helped
people
to
move
funds
they
have
in
other
countries
into
their
country,
and
this
way
making
you
know
between
a
valuable
solution
for
people
that
has
the
need
to
receive
from
abroad.
C
So,
if
you're
so
now,
we
have
fox
you
can
be
from
the
u.s
and
choose
to
receive
and
die
or
any
other
cryptocurrency
for
that
matter.
Or
you
can
be
from
brazil
argentina
and
keep
your
wages
in
in
less
in
a
more
in
a
in
a
currency
that
is
being
less
target
to
the
valuing,
as
it
is
happening
in
the
countries
in
south
america
these
days.
C
So
you
will
find
yourself
in
in
our
place.
We
have
a
kyc
process
to
be
run
where
you
will
provide
the
basic
us
information,
such
as
personal
documents
and
proof
of
residence
and
your
basic
information,
as
well
as
your
phone
number
for
security
for
the
first
logins,
and
we
recommend
for
the
further
logins
that
you
use
the
google
authenticator
or
or
our
app
for
authentication.
C
A
C
And
then
I'll
create
a
new
invoice
over
here
and
then
I'll.
Let
my
my
probe,
which
is
like
can
be
you
know,
system,
programming
whatever
and
then
the
amount
that
I
need
to
receive
and
then
the
date
I
expected
to
arrive
that
doesn't
have
to
be
a
precise
date,
just
the
date
that
you
expected
to
arrive.
If
it's
around
the
date,
it
should
work,
how
your
employee,
you,
how
your
employer,
sorry
usually
sends
the
money
in
you
know
for
us
dollars
since
we're
talking
us
dollars.
C
He
has
the
option
of
ach
and
wire,
which
are
two
options
of
ascending
us
dollars.
We
have
the
option
of
international
wire
for
those
companies
outside
of
the
us
that
pay
into
u.s
dollars.
Okay,
he
in
the
same
thing
will
happen.
If
had
we
chosen
euros,
he
would
probably
be
sepa
sappa
or
faster
payments,
if
the
gbp
and
so
on,
okay-
and
then
here,
you
usually
upload
the
invoice
that
you
you
are
used
to
do
for
your
employer.
C
C
C
C
If
it's,
if
ach,
was
chosen,
it's
an
interesting
thing
because
it
shows
your
name
as
beneficiary,
so
the
player
doesn't
even
know
if
it
doesn't,
he
doesn't
have
to
know
that
their
speed
wage
or
die
or
crypto
involved
for
for
that
matter.
You
can
also
download
that
as
pdf
and
that
information
will
be
available
to
send
over
email
in
an
invoice
format
already
to
your
employer.
In
case
you
don't
have
you
know
a
general
invoice
format?
C
Okay,
so
this
is
the
bank
account
your
in
the
banking
information
that
your
employer
should
follow
in
order
to
send
the
money
to
you?
Okay,
so
he
sends
usd
to
this
account
and
then
how
does
it
get
transformed
to
die
so
for
that,
the
user
previously
to
making
the
invoice?
Actually?
This
is
the
first
step
once
the
account
is
approved
is
that
he
gets
to
choose
what
currency
he
wants
to
receive
on.
So
here
I
have
the
you
know
as
as
a
default,
my
euro
bank
account
and
then
my
ethereum
bank
account.
C
C
C
Great
so
if
let's
say
here,
I
set
up
as
fifty
percent
for
your
theorem
fifty,
but
let's
say
I
want
one
third,
also
in
bitcoin,
I
can
just
add
a
new
distribution
here:
digital
currency,
I'll,
choose,
bitcoin
I'll,
add
the
bitcoin
address
here.
I
would
probably
need
the
bitcoin
editors
to
add
here.
I
don't
have
one
in
my
hands
right
now
or
on
the
other
hand,
I
can
get
100
and
die
so
just
delete.
My
ethereum.
C
B
B
That's
where,
where
where
there's
black
lists,
but
in
general
we
have
people
in
over
100
countries
and
all
around
the
world
we're
expecting
to
continue
work
working
with
people
from
from
turkey
and
nigeria
and
argentina,
and
you
know
all
across
the
world.
The
next
question
is
there's
or
comment:
there
should
be.
A
distinction
between
employer
versus
contractor
appears,
to
be
honest.
Current
example
is
for
a
contractor
with
an
invoice,
so
maybe
fabiano
you
might
want
to
show
just
the
the
direct
deposit
product.
B
I
mean
it's
not
such
a
huge
change,
but
just
show
that
there
is
a
distinction
and,
while
he's
getting
that
ready
question
of,
can
you
use
authy
as
a
2fa
validation
system,
so
anything
that
is
compatible
with
with
the
google
authenticator
you
can
use.
One
of
the
issues
that
we
had
with
with
the
the
normal
authy
setup
is
that
it's
actually
protected
via
sms,
so
it's
it's
still
kind
of
susceptible
to
the
sms
hack,
but
maybe
fabiano.
C
C
And
then
here
like
you,
can
enable
our
or
the
authenticator
from
the
google
app
the
app.
I
think
it's,
I
really
like
the
app
that's
my
main
goal
too
for
authenticator
it's.
I
think
the
apple
version
is
not
working
anymore
because
we
are
revamping
the
website,
but
the
the
android
one
works
pretty
well
and
that's
my
go-to.
I
really
like
the
app
for
that.
I'm
not
just
saying
that
because
I'm
in
bitoage,
but
if
you
prefer
your
google
authenticator,
because
you
have
all
your
other
exchanges
and
all
the
other
security
is
already
there.
C
Okay,
you
can
just
go
here,
come
here
and
enable
it.
It
should
look
probably
like
this.
Like
my
sms,
looks
right
now,
you
click
on
enable
and
you
you'll
be
sent
to
you
know
the
key,
and
then
you
add
the
code
to
confirm
the
key
and
then,
from
that
point
on,
you
use
the
cool
authenticator
for
for
the
2fa
factor.
B
D
D
C
C
So
we
go
back
to
bit28.com
and
you
in
your
your
company,
you're
the
controller
or
even
the
ceo
of
your
company,
and
you
want
to
set
up
account
to
pay
out
people
in
multiple
currencies
using
betwich.
So
the
process
is
the
same.
You
sign
up
as
a
company
that
will
be
the
basic
kyc
for
companies
there.
You
just
said
the
name
and
the
corporation
documents,
as
well
as
the
personal
documents
for
kyc
and
then
once
approved.
It
should
look
like
this
okay,
so
this
is
the
page
where
you
create
the
payroll.
C
C
Login,
so
you
should
be
at
the
page
workers
here
and
only
your
name
should
show.
Okay,
only
the
name
of
the
person
that
created
the
account
should
show
it
first
and
then
he
can
come
and
add
the
workers
and
he
had
them
by
email
and
once
it's
done,
okay,
a
button
to
invite
them
should
show
up
here.
Okay
and
then
later
you
wouldn't
pay
out
those
people.
So
you
should
see
the
list
as
we
were
seeing
here,
and
then
you
choose
the
amounts.
How
much
you
want
to
pay
them.
C
C
You
can
also
upload
the
csv
with
the
emails
and
the
amounts.
Okay,
you
just
have
to
show
the
currency
that
you're
gonna
be
paying
out
into.
I
mean
that
you're
gonna
be
funding
the
payroll
into
that's,
usually
the
currency
that,
where
the
contract
with
your
employer
is
set
right,
if
you
set
in
usd,
if
you
hire
the
person
and
saying
that
they're
going
to
receive
x
usd
per
month,
that's
yes,
you
should
show
here.
If
you
chose
any
others,
it's
basically
the
same
process,
and
then
you
come
down
here
and
you
create
the
payroll
order.
C
And
now
here
are
the
options
that
you
have
to
fund
this
payroll
alone.
Okay,
these
are
the
options
for
us
banking,
given
that
you
have
chosen
us-
and
here
are
the
options
to
send
crypto
to
the
equivalent
of
the
total
amount
of
the
payroll
that
you
would
need
to
pay
out.
Okay,
so
we're
going
to
choose
die,
and
then
here
is
we.
B
So
so
I
think
it's
a
good
time
now
to
go
over
some
a
couple.
Other
questions.
So
I
see
a
question:
is
the
u.s?
The
only
country
a
company
can
process
payroll,
so
you
can
actually
process
barrel
from
any
country.
It's
just
the
the
banking
functionalities
that
are
available,
so
you
we
even
have
like
companies
from
liberland
on
our
system
and
what
they
do
is
they
fund
with
crypto?
B
B
Another
question
for
a
company
based
in
the
us
california
house
is
fulfilling
legal
needs
to
pay
employees
in
other
parts
of
the
world
full
wage
or
part
of
it
is
in
play
under
u.s
law
or
local
law.
So
what
you
can
really
think
of
us
is
a
is
a
gateway
between
between
fiat
and
cryptocurrency
for
business
transactions,
with
payroll
with
freelancers,
with
paying
vendors.
What
have
you
if
there
are
local
compliance
laws
that
you
need
to
comply
with?
C
Yeah,
just
to
you
know
for
the
first
question:
maybe
it
should
help
clarify
that
the
payroll
currencies
here
that
you've
chosen
or
the
payroll
are
the
currencies
that
your
contract
is
set.
I
mean
the
contract,
you
paid
your
employer,
you
promised
your
if,
by
contract,
usually
or
by
any
sort
of
agreement
you
will
be
paying
into
these
are
the
lists
that
those
are
the
show
that
are
shown
here
as
these.
C
These
are
the
options
shown
here,
because
those
are
the
ones
that
we
can
serve
fiat
to.
So
you
know
you
guys
have
to
consider
that
the
user
itself
would
have
an
invoicing
platform
on
his
end.
So,
even
if
he
chose
to
his
contract
to
receiving
usd,
he
can
set
to
have
any
percentage
any
percentage
in
bitcoin
redistributing
this
way,
the
wages
that
he
said
to
receive.
C
C
Contractor
we
have
quite
a
few
american
companies
paying
to
the
us.
I
can.
I
cannot
test,
as
for
you
know
how
you
know
if
they
have,
you
know
a
wh
between
them
or
you
know.
I
cannot
go
deep
into
that
because
we
don't
know,
we
don't
have
the
knowledge
of
that,
but
we
have
quite
a
few
companies
paying
us
into
latin
america.
That's
actually
our
main
use
case
in
terms
of
volume
today.
B
Yeah,
so
I
can
talk
about
how
perhaps
a
a
u.s
company
would
collaborate
with
a
compliance
software
with
us,
where
essentially,
they
would
work
with
some
sort
of
local
payroll
company
that
facilitates
essentially
the
the
taxed
calculation
and
and
withholding
of
the
paycheck,
and
what
you
end
up.
Setting
up
with
that
organization
is
essentially
there's
two
components
to
it.
B
One
is
when
you
actually
need
to
get
funds
to
that
system,
that
that
system
can
be
added
as
a
recipient
on
our
platform,
and
then
you
know,
usually
there
will
be
like
a
specific
currency
amount
that
we
need
to
to
pay
to
them.
So
if
you're
going
to
be
funding
with
crypto
we're
going
to
lock
in
that
rate
to
to
pay
to
them,
and
we
would
set
up
a
cadence
for
you
to
make
sure
that
the
funds
are
deposited
to
that
entity
properly.
B
Also,
we
would
set
up
with
that
entity
a
system
such
that,
essentially,
everything
that
doesn't
need
to
go
through
for
the
tax
withholdings
will
not
flow
through
that
system,
but
instead
we'll
just
flow
through
through
our
platform.
So
it's
it's
certainly
possible
to
to
set
that
up
and
enable
that
functionality.
B
C
D
E
A
D
B
I
mean
as
long
as
it's
you
know
it's
it's
kosher
from
like
a
you
know:
money
laundering,
terrorist
financing
perspective.
It's
not
it
shouldn't
be
an
issue.
So
let's
say
you
had
a
vendor:
either
they
could.
They
could
sign
up
and
manage
it
themselves
or
if
they
don't
want
to
sign
up,
you
can
actually
sign
them
up
on
behalf
of
of
that
vendor
and
then
we
can.
We
can
facilitate
the
payout.
So
let's
say
you
wanted
to
fund
and
die
and
they
wanted.
B
A
B
And
and
to
be
clear,
if
you
are
an
entity
that
is
going
to
be
funding
with
die,
we
will
remove
the
the
fee
on
the
outs
on
the
outs
on
the
receiving
end
so
that
there
is
no
fee
beside
besides
the
the
gas
fee,
pretty
much
on
the
receiving
side.
If,
but
you
would
want
to
tell
us
beforehand,
so
we
can
customize
that
that
pricing
solution
for
you.
B
It's
only
meant
to
be
on
one
side
of
the
transaction,
not
on
both
sides
of
the
transaction
and
yeah
and
the,
and
that
and
those
fees
can
also
change
depending
on
you
know
the
size
of
your
company
and
how
much
how
much
volume
you're
gonna
do
it's,
not
it's
not
set
in
stone.
So
there
is
flexibility
there.
A
F
Yeah-
and
I
have
a
question
regarding
that
because
maybe
for
people
that
it's
already
involved
in
this
world
and
manage
the
technical
knowledge
just
a
bit
at
least
it's
not
so
hard
to
understand,
but
I
think
that
when
you
start
thinking
on
companies,
human
resources,
team
or
people
that
it's
involved
on
payroll-
maybe
not
it's
not
so
aware
about
this
technology
and
how
to
use
that.
So
my
question
is:
do
you
have
kind
of
a
tutorial
video
or.
F
Like
brochure
or
something
like
that
to
start
providing
some
food
for
thoughts
to
them
in
an
easy
way
to
understand,
because
I
think
that
the
main
challenge
that
employees
have
in
a
company
it's
having
the
tools
to
to
to
to
be
paid
on
crypto,
but
also
letting
others
know
about
that.
This
is
possible
and
I
think
that
sometimes
they
are
afraid
of
doing
something
wrong,
or
they
are
not
understanding
what
to
do
so.
F
C
C
E
C
B
B
B
G
B
It
is,
it
is
quite
popular.
What
we
do
see
is
a
lot
of
companies
that
have
like
crypto
on
their
treasury
that
basically
want
an
easy
solution
to
fund
with
that
crypto
and
pay
out
two
vendors,
two
employees,
two
contractors
so
that
they
don't
have
to
like
hav
a
have
a
bank
account
and
b
deal
with
an
exchange
and
a
bank
account
and
an
fx
entity
all
at
the
same
time.
They
just
have
one
solution.
G
G
And
our
our
growth
in
the
u.s
is
really
exciting.
I
I
kind
of
like
to
think
that
growth
in
south
america
is
kind
of
like
a
premonition
of
what
we're
going
to
be
seeing
pretty
soon
here
in
the
us,
and
this
year,
especially,
has
been
really
exciting
for
that
region.
So
yeah.
I
just
wanted
to
add
that,
because
we're
just
really
enthusiastic
about
u.s
growth
right.
A
H
Yeah,
can
you
hear
me
perfectly?
Oh
okay,
cool
yeah?
No,
I
just
was
trying
to
gauge
the
health
of
the
company.
I
saw
that
you
guys
raised
some
money
in
2018,
and
I
was
just
wondering
with
regards
to
that
is
the
the
survivorship
of
the
company
is
dependent
on
the
revenue.
That's
going
to
be
made
by
the
fees
that
you're
charging
or
is
have
you
guys
raised
money
since
2018
I
mean
like:
what's
the
health
of
the
of
bid,
wage.
B
B
H
A
B
You
know
I
mean
I
I
one
of
the
things
I'm
just
very
excited
about
about
this
about
this
collaboration
is
the
idea
that
people
are
going
to
have
access
to
the
digital
dollar
on
their
on
their
phone
anywhere
in
the
world.
I
think
that
I
think
that
you
know
while
well.
Well,
bitcoin
is
a
great
hedge
against.
B
You
know
national
currencies.
There
are
tons
of
people
around
the
world
that
are
that
don't
want
their
local
currencies,
but
they
also
are
not
ready
for
the
volatility
of
bitcoin,
and
I
think
this
is
where
stable
coins
is
going
to
be
a
very,
very
important
role
and
what
we
believe
is
our
system
is
going
to
enable
companies
to
much
much
more
easily
pay
workers
everywhere
in
the
world.
B
A
B
C
Well,
maybe
the
a
if
people
want
to
know
more
about.
You
know
how
big
twitch
works
and
how
can
that
apply
to
their?
You
know,
services,
either
companies
or
individuals
that
they
can
contact
us
through
support
beatwitch.com
or
on
our
slack
channel
public
b2h
public.slack.com,
and
they
keep
talk
not
only
to
us
but
to
other
users
too.
It's
very
common
for
the
users
to
share
their
experiences
among
them,
and
I
think
that
it's
a
little
bit
more
valuable
than
than
hearing
straight
from
us.
C
G
Oh
and
feel
free
to
reach
out
to
us
on
twitter
at
bitway
judge
try
to
stay
vigilant
on
our
page.
You
can
follow
us
for
updates,
but
not
only
that,
if
you
have
customer
service
questions
just
send
us
a
dm.
I
try
to
be
as
responsive
as
I
can
on
there
and
it's
usually
just
an
easy
and
quick
way
to
get
in
touch
with
us.