Western Union, the largest money transfer service in the world, made waves earlier this year when it confirmed that it had partnered with Ripple to conduct a blockchain trial involving the XRP cryptocurrency. However, six months into that test, Western Union CEO Hikmet Ersek said that the firm has yet to see any real cost

The post Western Union CEO Not Impressed by Ripple Trial, Doesn’t See Bitcoin Replacing Fiat appeared first on CCN

You may be interested

Banking
shares21 views

‘SWIFT is Expensive’: Major Philippine Bank Taps IBM for Blockchain Remittance from Japan

Brian Evans - Jun 21, 2018

The Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ top 10 banks by assets, has announced an upcoming remittance payments service from Japan using blockchain technology.…

Bitcoin
shares20 views

St Louis Fed Now Tracks Crypto Prices on Its Research Database

Brian Evans - Jun 21, 2018

The St. Louis Federal Reserve Bank is now tracking the prices of four top cryptos in its economic research database, FRED.

Academy
shares27 views

National Chinese Science Academy Launches Blockchain Lab

Brian Evans - Jun 21, 2018

China's federal science institution, the Chinese Academy of Sciences, is eyeing blockchain technology, the school announced this week. 

Most from this category

%d bloggers like this: