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Blockchain technology has the potential to disrupt and overcome all technological boundaries.
The remittance industry is observed as one of the most ripe for disruption given the high costs that currently exist.
Coins.ph, a Philippine bitcoin remittance application and brokerage, has secured an additional $5 million in its Series A funding round led by South African internet conglomerate Naspers’ venture capital firm Naspers Venture.
How Africa will contribute to the Bitcoin price rise now and in next decade.
Jeremy Liew, said in an interview with Business Insider that bitcoin can realistically reach the price of $500,000 by 2030.
Some of investing’s most revered names have likely funnelled millions of dollars into UK disruptor remittance startup Revolut.
There are seven major multi-trillion dollar markets which Bitcoin can compete with in the future.
Bitwage will be able to utilize Unocoin API and employers will be able to directly and automatically sell Bitcoin and the beneficiary will be able to receive Indian rupees directly in their bank account in India.
Another disruptive technology powered by the Blockchain is set to completely eliminate the outrageously high cost of remittances to Africa.
New cash-to-cash remittance company, Cashaa, ends its three months testing period and claims to have a success as it plans to fully go live.
Can you send money across borders instantly at almost no cost? Robert Genito of Wall of Coins thinks peer-to-peer Bitcoin exchanges could revolutionize the cross-border remittance industry.
With the high mobile phone penetration already in place, Africa is set to enable more users to download a Bitcoin wallet on their devices.
India is the world’s largest receiver of remittances. Besides making it faster and easier, Bitcoin could help India save up to $7 billion in fees paid to international remittance companies and add this amount to the country's wealth.
Bitcoin enthusiasts suggest the use of Bitcoin in settling remittances between the U.S and Mexico after Trump’s proposal to build a wall between the two countries will have been realised.
Bitcoin ATMs are highly concentrated in minority areas in New York City.Some suggest they are targeting minorities involved in the drugs trade.
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