PayPal and Cryptocurrency

PayPal, a payment system whose active number of users has surpassed 254 million in Q3 2018,
PayPal has recently launched a blockchain-based reward system for its employees.

PayPal employees are granted tokens for participating in innovation-related programs and contributing ideas,
and can exchange them for over 100 “experiences” within the company.

PayPal’s co-founder Luke Nosek has said that his firm initially wanted to create a digital currency
which would be independent from banks and governments, similar to crypto.