The Proof of Workforce Foundation (POWF) and Careers In Government Inc. (CIG) have initiated a strategic alliance designed to incorporate Bitcoin into public sector employment practices, as disclosed in a press release issued to Bitcoin Magazine. This partnership aims to bolster financial security, attract skilled professionals, and encourage innovation within the government workforce through Bitcoin-based remuneration and benefits.
The collaboration is centered on creating inventive methodologies for integrating Bitcoin into salary options and incentive frameworks for public sector employees. By piloting these methodologies, the initiative aspires to forge a scalable model that can be implemented by governmental employers across the country. This initiative seeks to enhance job satisfaction and provide financial safeguards for employees against inflation and other economic fluctuations.
“The integration of Bitcoin into public sector employment systems will not only draw in and retain premium talent but also enhance financial literacy and inclusion, resonating with our mission to link skilled individuals with impactful careers,” stated Michael and Corey Hurwitz, founders of Careers In Government.
In addition to the compensation integration, the partnership will champion financial literacy among public sector employees by providing educational and professional development resources related to Bitcoin. Furthermore, the partnership plans to execute customized training programs and outreach initiatives to promote Bitcoin acceptance within the public sector.
“We are thrilled to collaborate with Careers In Government to promote Bitcoin adoption in the public sector. This partnership marks a major advancement in empowering government employers and personnel to recognize the advantages of this pioneering technology,” remarked Dom Bei, Founder of the Proof of Workforce Foundation.
This collaboration extends POWF’s dedication to embedding Bitcoin into governmental operations. Earlier this summer, POWF garnered attention by partnering with the City of Santa Monica to establish an official Bitcoin office, a groundbreaking initiative that incurred no expenses for the city.
JUST IN: 🇺🇸 City of Santa Monica, California, launches its website for its official Bitcoin Office 👀 pic.twitter.com/TcnoqGZws0
— Bitcoin Magazine (@BitcoinMagazine) August 9, 2024