Canadian speed skater Ted-Jan Bloemen has become the first Olympic Athlete to be paid via the popular cryptocurrency Bitcoin.

The speed skater has signed a one-year sponsorship deal with cryptocurrency-focused social network onG.social.

Bloemen took to social media to confirm the deal via the following tweet.

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The double world record holder will share his Olympic journey on G.social and will be compensated in the cryptocurrency Bitcoin.

Ted-Jan Bloemen will represent his nation at the PyeongChang 2018 Olympic Winter Games.

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