Opinion | The age of ‘bankless’ global money transfer dawns as blockchain technology sounds the death knell of money changers | South China Morning PoststeemCreated with Sketch.

in dlike •  6 years ago 

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Global remittance is an enormous industry. Traditionally a part of the banking system. We are seeing this disrupted by blockchain. The only outside competitor is Western Union which is just as costly.

Blockchain can cut these costs greatly because it provides competition.


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