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A new study found that the number of remittance companies that utilize cryptocurrencies or blockchain technology has been growing steadily in the last decade. Cross-border payments processed through blockchain-based solutions are significantly faster than those which go through the traditional financial system. The report stated: “Remittance settlement time is 388 times faster on blockchain than traditional channels.” Aiming to capitalize on the advantages held in blockchain technology, entrepreneurs are creating blockchain-based solutions for the global remittance industry. Read the entire article on Brave New Coin

Karen Holleran

Karen Holleran

Karen Holleran Editor @aikarensf Karen is a proud third generation San Franciscan, and has worked in various positions including developer relations, winemaking, freelance writing, and as a teaching assistant for autistic children. She is passionate about disruptive tech, artificial intelligence, cryptocurrencies, and blockchain technology. She is excited at how these technologies can improve the quality of life for people globally. When Karen isn’t busy discovering new things, you can find her enjoying the diversity of the Bay Area, keeping up to date on the latest tech news, or relaxing at home with her beloved rescued cat.

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