Bitcoin payment and wallet company BitPay has chosen to take its company's working atmosphere remote, permanently.
A poll from within the company revealed: "85% of employees preferred to work from home and felt they were more productive," said a Sept. 15 statement.
"This insight coupled with the continuation in business, is a main reason the company chose to make working from home permanent."
As a niche largely held within the digital world, the crypto space often sees companies and individuals working remotely.
A growing trend in light of COVID-19 prevention measures, remote work cuts out commute time, as well as serves up added flexibility and lower company costs stemming from renting a work space.
Cons include less face-to-face interaction among staff and a greater need for trusting employees.
"It took a bit of adjusting to working from home because I am an outgoing and social person I am grateful to have this flexibility and my team is able to collaborate and work together as if we were side-by-side."
BitPay decides to let all employees work from home permanently
Published on Sep 15, 2020
by Cointele | Published on Coinage
Coinage
Recent News
View All
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.