Press Release

ODEM Lets Users Make Crypto Purchases with Bitfinex Pay

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ROAD TOWN, British Virgin Islands, Zug, Switzerland, June 18, 2021 10 AM UTC —  BFX Pay Limited (“Bitfinex Pay”), a payment technology providing online merchants with a means of receiving contactless and borderless digital token payments, and ODEM, an on-demand education and employment marketplace that directly connects employers, students and educators, have announced that the payment widget has been integrated on the platform.

ODEM users will have access to Bitfinex Pay for the purchase of programs and verifying and placing job candidates. The deployment of the Bitfinex Pay widget will enable users on the ODEM platform to purchase courses and programs using cryptocurrency, including Bitcoin (BTC), Ethereum (ETH) and ODEM (ODE). Employers can also use these payment methods to place job candidates through ODEM’s employment network and stake ODE to verify their skills, employment and education experience. 

ODEM will offer these groundbreaking features to make the first education and employment marketplace that can be accessed and transacted through cryptocurrency. ODEM understands that offering a non-fiat option to both acquire meaningful education and employment and receive compensation for teaching on our platform creates broader global inclusion for the large world population, some of whom remain unbanked. This ultimately helps fulfill the company’s mission to make education and employment more affordable, accessible, verifiable and transferable.

As part of its collaboration with Bitfinex Pay, ODEM will also be launching educational programs that will help other developers understand the power and functionality of Bitfinex Pay and streamline the implementation, testing and deployment of this powerful financial toolset. ODEM understands the importance of furthering the mission of cryptocurrency and blockchain as a means of real financial transactions and expects to see Bitfinex Pay become a leader in financial platforms in the cryptocurrency space.

“We’re excited to bring the ODEM token to life on our platform and fulfill our original promise of making education more affordable and accessible,” said Richard Maaghul, CEO at ODEM. “With 94 percent of people worldwide having never stepped through the doors of higher education, we understand that providing financial access to education and meaningful work opens many new doors for people to participate in the modern workforce through access to the right training and skills.”

“We are gratified that ODEM has chosen to implement Bitfinex Pay, as our technology for enabling contactless and borderless digital token payment increases in popularity,” said Paolo Ardoino, CTO at Bitfinex Pay. “I feel confident that the rich features available through the implementation of Bitfinex Pay will find a ready uptake among ODEM’s user base.”

Bitfinex Pay will be featured alongside ODEM’s current credit card payment mechanism and transactions conducted on BTC, ETH and LTC will be convertible to the ODE through the ODEM smart contract execution models.

ODEM and Bitfinex expect to see new job hiring and education growth markets. ODEM will support other developers and companies in implementing and using Bitfinex Pay.

*All deposits, activities, and users are subject at all times to all of the terms of service in effect on Bitfinex. U.S. persons are not permitted to use Bitfinex or any of its services.

About Bitfinex Pay

BFX Pay Limited is a digital token payment technology provider. Its solution, Bitfinex Pay, offers online merchants a means of receiving contactless and borderless digital token payments. The Bitfinex Pay widget can be integrated onto a website. Bitfinex Pay users can pay with Ethereum (ETH), bitcoin (BTC), Lightning Network BTC (LN-BTC) and Tether tokens (USDt) via Ethereum or Tron. Payments made via Bitfinex Pay will be directly deposited into a merchant’s exchange wallet on Bitfinex. 

Media Contact for Bitfinex Pay

Joe Morgan

Senior PR Manager

[email protected] 

About ODEM

ODEM is an on-demand education and employment marketplace that directly connects employers, students and educators to make learning, working and growing professionally more affordable, accessible and efficient. Founded in 2017 by seasoned educational technology veteran Richard Maaghul, ODEM was built out of his clear vision for how the blockchain could be used to transform today’s inefficient education and employment industries. The first of its kind, the ODEM Marketplace has already attracted over 30,000 users representing 166 countries and top organizations with a wide variety of employers from Silicon Valley and Fortune 500s.

ODEM Media Contact 

Johanna Maaghul, Lead Strategist

[email protected] or [email protected] 

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Tech Junkie is a small word for Vikas Kaushik. Whether the latest game on the market or a new gadget launch he is the go-to person. He drives his motivation from the fast-paced technological advancements. He ensures that the right news reaches niche audiences. An avid biker and movie buff he has deep-rooted faith in upcoming technological inventions and is a torchbearer for the tech revolution.

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