Sentences with phrase «of global remittance»

Looking at 10 percent of global remittance volume and 10 percent of global card transaction volume in 2017, a single cryptocurrency can reach roughly $ 6 — 9 bln in commissions.

The widespread use of crypto as the primary mode of global remittances and digital transaction will be just the beginning, we will soon see entire industries reform due to this revolution in technology and money.

Liew based his theory on factors like the rise of global remittances, economic uncertainty, and mobile penetration.

Not exact matches

So although the machines can be found in several different countries, Robocoin simply hasn't sold enough of them to support a global remittance network.

As of December 2016, the global average cost of remittance was 7.4 %.

Also, bitcoin could very well be the answer for a first truly global currency and has a lot of potential in the space of payments, remittance and micropayments,» Saurabh Agrawal, co-founder of Zebpay, told Techcircle.in.

The allure of the vast global remittance market has attracted entrepreneurs for years and the dream is slowly being realized as centralized and legacy infrastructure gives way to multiple bitcoin endpoints.

Keep in mind that global remittances and digital payments are only the tip of the iceberg.

We can add in global remittances, which are in excess of $ 600 bln per year, according to Pew Global Resglobal remittances, which are in excess of $ 600 bln per year, according to Pew Global ResGlobal Research.

Since the original vision of Ripple was focused on allowing everyday people to make global transactions, like remittance payments, inexpensively and quickly, the pivot to focusing exclusively on banks was seen as a turnoff by many.

In 2017, India saw a total of $ 65 billion move into the country and Induslnd Bank which has significant interests in cross border remittances, plans to harness the power of Blockchain technology for facilitating global payments.»

Bradley Zastrow, director of global business development at Dash Core, said in a statement, «The remittance market into South America is huge — Brazil and Colombia alone are estimated to reach $ 8.2 billion in 2017 according to the latest forecasts from the World Bank.

The more global demand for bitcoin as an investment, as a spending currency, and as a low - cost remittance service grows, the more the price of bitcoin will increase.

OKLink, a Hong Kong - based global blockchain money network, is offering $ 100 million in free remittance trades to international remittance companies; MAST improving Bitcoin in three main ways such as extending smart contract flexibility; improving scalability; and increasing privacy; The Nobel Memorial Prize in Economic Sciences 2016 professors Oliver Hart and Bengt Holmström, transforming contract theory; the first ever official Russian real estate listing for bitcoins and major securities exchange in Abu Dhabi has announced the launch of a blockchain - enabled voting service.

Still, while BitPesa is closer to reaching the market, it's not the only operator trying to use the power of the Bitcoin protocol to improve the global remittance process.

XinFin has signed agreements with over 10 global institutions that aim to make use of XinFin's Hybrid Blockchain model to disrupt various industry verticals such as remittances, travel, supply chain, assets and Projects financing.»

«Among various pilots that will be conducted on AlphaEx.net will be fixed rate remittances, Token of Trust for Global Trade, digitization of real world assets and Finance and providing settlement layer for the IoT enabled projects.»