Digix & Whisp: Pay Employees in Gold using Whisp payroll on Ethereum

19 June 2019 — From providing payment accessibility and heightened security for customers, Digix has recently collaborated with Whisp to allow companies pay their employees on Ethereum with Digix Gold tokens, DGX or DGD and other ERC20 tokens.

Digix, the world’s first smart asset company currently has two products: DGX and DGD. The core product of Digix, DGX is gold-backed tokens that are built on the perks of the blockchain technology. Each DGX token represent 1 gram of investment grade gold which are held in vaults out of Singapore and Canada.

DGD is the governance token for DigixDAO. DGD holders are able to participate in the building of Digix and DGX ecosystem through submission or proposals and applying for grants for projects.

With Whisp payroll on Ethereum, companies or vendors can directly pay its employees directly in DGX, DGD or any ERC 20 tokens, eliminating the middleman. Whisp has provided a payroll solution which is fast, easy to use, affordable, no KYC required and provides financial freedom. Employees will be free to choose how, when and where they can gain access to their money. Additionally, Whisp manages the record keeping and users can conveniently export payment record in CSV format for their record-keeping purposes.

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