Widespread high-level English language skills and relatively low wages have seen Filipino workers become a top choice for remote staff for blockchain projects around the world.
But is the industry exploiting these workers, or has remote work during the pandemic helped the country to grow and develop?
If you’ve ever contacted customer support for a crypto exchange, the chances are high you’ve chatted with a Filipino staff member. They’re highly prized by crypto projects for strong English language skills, friendly and polite demeanors and let’s be honest: dirt cheap wages. It leaves many project leaders wrestling with the ethics of paying Filipino staff a relative pittance to save on overheads. Is it fair that a blockchain developer in the Philippines gets paid $10,000 for similar work to a blockchain developer in Australia on $70,000?